Jeremy Corbyn asks whether the registers of corporate ownership in British territories will be "public, open and transparent". He says there will be "private registers that only some people can see". Mr Cameron concedes that the information from places like Jersey and the Cayman Islands will not be available to the public as, if that was the case, they may have walked away. However, he says the UK register is a "an absolute first" and the UK police will be able to see it. 

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Mr Corbyn says government spending on tax collection is set to fall sharply by 2020 and says steps requiring Crown Dependencies to provide information about beneficial ownership are confused, citing comments about terrorist finance made by Jersey's first minister. Mr Cameron says it is not a matter of total spending but the number of tax collectors checking whether "forms are being filled in properly". Mr Cameron says the UK is showing global leadership on the issue which its Labour predecessor never did. 

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Image source, HoC

The two leaders exchange digs over tax. The PM comments on Mr Corbyn's tax return, saying it is a metaphor for his leadership and party policy "late, chaotic, inaccurate and uncosted". But Mr Corbyn replies by saying people could see his return "warts and all", pointing out that he paid more tax than some of the companies whose bosses Mr Cameron "knows rather well". 

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Image source, HoC

We are now on to the substance of the exchanges. Mr Corbyn says Tory MEPs voted against measures for greater tax transparency, saying there is a "disconnect" between the government's rhetoric and its actions. But the PM disagrees, saying the authorities are taking strong action, closing of £12bn in loopholes. 

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David Cameron responds by also extending his tribute to the "famous playwright" who he does not name - that gets a few wry laughs in the Commons

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Jeremy Corbyn is on his feet. He starts by paying tribute to the playwright Sir Arnold Wesker who died earlier today.

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David Cameron is on his feet in the Commons. The first question is from a Conservative MP Wendy Morton about manufacturing in her constituency and the government's support for small business and reducing taxes. The PM, unsurprisingly, agrees with this saying SMEs are providing the jobs of the future. 

The Daily Politics

The BBC's Laura Kuenssberg says it is never clear what Mr Corbyn will go on in the Commons although tax is a pretty good bet as the issue is something that Labour can "unite around". 

The Daily Politics

For Labour, Hilary Benn says Mr Whittingdale's private life is "nobody's business but his own" and he should get on with his job. Former MP Evan Harris, who now speaks on behalf of Hacked Off, rejects claims the campaign group had any involvement in the story about Mr Whittingdale's private life but argues that the MP's views on press regulation and the merits of a Leveson Part 2 have shifted.

The Daily Politics

Former Cabinet minister Owen Paterson defends Mr Whittingdale, telling the Daily Politics he has "done nothing wrong". On press regulation, Mr Paterson says his colleague has always been against state interference and his view has been consistent. He points out decisions on whether to extend the Leveson inquiry will be a "collective" one taken by the Cabinet as a whole, not just by Mr Whittingdale. 

Hilary Benn and Owen Paterson debated the UK's future in or out of the EU with Jo Coburn on the Daily Politics.

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Shadow Welsh secretary Nia Griffiths accuses the government of misleading the public over the plans to halve the tolls on the Severn Bridge, announced in the 2016 budget.

"This is not quite the bargain we were led to believe," Ms Griffiths says, as 20% of the reduction comes from VAT "which would have disappeared anyway when [the bridge] returns to public hands".

"Why won't the government do the right thing and scrap the tolls altogether?" she asks

Alun Cairns accuses Labour of changing their stance to score political points.

"This is a very convenient call before an election," he says, given Labour had previously called for the tolls to be devolved to the Welsh Assembly.

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