Contributions
1,103 recent contributions in Hansard
HANSARDFinance (No. 2) Bill (Fourth sitting)Clause 80 increases the thresholds for the gross gaming yield bands for gaming duty in line with retail price index inflation. Gaming duty is a banded tax paid by casinos in the…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)I have nothing further to add. Question put and agreed to. Clause 77 accordingly ordered to stand part of the Bill. Clause 78 Vehicle Excise Duty: Exemption for Certain Cabotage…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)In essence, what I heard from the hon. Member was that she wants us to take more action on some of the challenges with supply chains. However, as I set out earlier, we have been…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)Clause 83 and schedule 11 make technical amendments to the legislation that introduces the world-leading plastic packaging tax, which comes into force on 1 April. Together, they…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)I have heard the hon. Member’s points. I move that the clause stand part of the Bill. Question put and agreed to. Clause 82 accordingly ordered to stand part of the Bill. Clause…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)I hope the hon. Member is happy for me to write to her on the methodology for calculating that particular tax gap. I am happy to set out further action that will be taken to…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)I jumped across to that point when I was addressing the freeports point. In general, it is to allow flexibility, where primary legislation is not the right place to put measures.…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)Clauses 78 and 79 relate to the taxation of heavy goods vehicles. Clause 78 relates to cabotage, which is the transport of goods between two places in the same country by a…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)I will just pick up on some of the points made by hon. Members. I am glad to hear that the Opposition will not be opposing the clause. The hon. Member for Erith and Thamesmead…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)I heard those points before; the hon. Lady just reiterated them. I addressed those points in my comments just now as well as in my opening remarks. I could argue that here in…05 Jan 2022HANSARDFinance (No. 2) Bill (Third sitting)I am happy to take that point away and look into the position taken by my colleagues in the Department of Health and Social Care and the Treasury. I will get back to the hon. Lady…05 Jan 2022HANSARDFinance (No. 2) Bill (Third sitting)The clause implements changes announced in the autumn Budget 2021 on tobacco duty rates. The duty charged on all tobacco products will rise in line with the tobacco duty…05 Jan 2022HANSARDFinance (No. 2) Bill (Third sitting)Clause 77 makes changes to uprate vehicle excise duty—or VED—for cars, vans and motorcycles in line with the retail prices index from 1 April 2022. VED is paid on vehicle…05 Jan 2022HANSARDFinance (No. 2) Bill (Third sitting)I welcome the support that the hon. Member for Erith and Thamesmead expressed for the intention behind this measure and her recognition that the changes are of a technical nature…05 Jan 2022HANSARDFinance (No. 2) Bill (Third sitting)It is a pleasure to serve under your chairmanship, Dame Angela. Clause 75 and schedule 10 make technical amendments to the existing legislation that restricts the entitlement to…05 Jan 2022HANSARDFinance (No. 2) Bill (Third sitting)I am glad to hear that the Opposition will not oppose the clause. The hon. Lady has said that it is not enough on its own, and the Government agree. Our tax treatment of tobacco…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)First, I welcome the support from the hon. Member for Erith and Thamesmead for the plastic packaging tax. I am glad to hear that she does not intend to oppose clause 83 and…05 Jan 2022HANSARDFinance (No. 2) Bill (Fourth sitting)What the hon. Lady read out is in line with what I said—there is not an exemption for freeports to supply the necessary flexibility—but I am happy to write to her with the reason…05 Jan 2022HANSARDFinance (No. 2) Bill (Second sitting)I emphasise what I said a moment ago: the Treasury followed in full the approach that should be taken, as set out in the Macpherson review in 2013. The Government’s tonnage tax…14 Dec 2021HANSARDFinance (No. 2) Bill (Second sitting)As I set out, the clause reforms the UK’s current tax regime to help the UK shipping industry grow and compete in a competitive global market. Overall, this will be to the benefit…14 Dec 2021