Contributions
715 recent contributions in Hansard
HANSARDFinance (No. 2) Bill (Fourth sitting)I am sorry to tell the shadow Minister that this matter is not being legislated for in this Finance Bill; it will be for next year’s Finance Bill. Question put and agreed to.…29 Jan 2026HANSARDFinance (No. 2) Bill (Third sitting)The measure contained in clause 56 was in our manifesto, and I think it is good that the Government are making progress to implement our manifesto reforms. We have been working…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)The refining fire of a consultation process is something that I am happy to stand behind. On the shadow Minister’s important point about the decision to remove the dredging…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)I will keep my remarks brief, if only to give the hon. Member for North West Norfolk more time to inform us of his opinions on this matter. Clause 89 makes changes to uprate…29 Jan 2026HANSARDFinance (No. 2) Bill (Third sitting)Clause 56 and schedule 11 reform the tax treatment of carried interest—a form of performance-related reward that is received by individuals who work as fund managers. At the…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)Our approach to uprating taxes is plain to see for all the different approaches that we have taken. The Government set out their position on fuel duty, for example, and we have…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)Indeed, Mrs Harris. I respect your judgment and authority in such matters. As I said, the Government carefully considered the scope of the relief, including the length of the…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)I thank Opposition Members for their contributions and for welcoming the Government’s decision on this matter at the Budget. I find it a bit tiresome that the Conservatives, when…29 Jan 2026HANSARDFinance (No. 2) Bill (Third sitting)I thank the hon. Members for North West Norfolk and for Maidenhead for their remarks and my hon. Friend the Member for Burnley for his enjoyable intervention. In response to the…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)Clause 105 legislates for the new rates of the soft drinks industry levy to apply from 1 April 2026. It amends section 36(1) of the Finance Act 2017 to reflect the new rates of…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)Over the months ahead, as a result of the action that this Government have taken to bring stability back to the economy, I look forward to seeing inflation return to 2% by the end…29 Jan 2026HANSARDFinance (No. 2) Bill (Third sitting)I am grateful to the shadow Minister for giving me a chance to reiterate that the Government have set out—it is relatively unusual for a Government to do so—a corporate tax road…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)As with other measures that have been debated this week, for example on business rates, it seems that the Conservatives were just getting around to reform on the issue. Now they…29 Jan 2026HANSARDFinance (No. 2) Bill (Third sitting)The Government are taking action to tackle those who attempt to bend or break the rules to avoid paying the tax that they owe. The clause introduces a new provision to address…29 Jan 2026HANSARDFinance (No. 2) Bill (Third sitting)I am not aware of further sectors to which the changes outlined in clause 59 would apply, but I will work with officials to continue to receive representations and perspectives…29 Jan 2026HANSARDFinance (No. 2) Bill (Third sitting)Clause 58 makes changes to corporate interest restriction legislation to simplify administration in relation to reporting companies under the regime. Clause 59 makes a minor…29 Jan 2026HANSARDFinance (No. 2) Bill (Third sitting)Clause 55 and schedule 10 will provide a mechanism to recover the winter fuel payment from those who are not eligible, to balance support for vulnerable pensioners with…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)I thank the Opposition spokesman for his questions. May I put on record my thanks to the officials for the support that they have provided to me today, in my first appearance in a…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)Clauses 101 to 104 encourage greater demand for recycled plastic, help create demand for chemically recycled material, and allow for a more level playing field for plastic…29 Jan 2026HANSARDFinance (No. 2) Bill (Fourth sitting)Clause 98 increases the standard rate of landfill tax in line with the retail prices index. It increases the lower rate by the same cash amount, and it will take effect from 1…29 Jan 2026