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1,562 recent contributions in Hansard
HANSARD Crown Estate Bill [Lords]I thank the hon. Member for her intervention. As I said, the Crown Estate and the Marine Management Organisation agreed the statement of intent in 2020, and it is reviewed…24 Feb 2025HANSARDInheritance Tax Relief: FarmsI have only a few moments, so I will not. My hon. Friend the Member for North Northumberland (David Smith) asked about introducing a working farmer test. I draw his attention to…10 Feb 2025HANSARDInheritance Tax Relief: FarmsI have only a few minutes left, so I will not. I have also participated in several meetings with farming bodies since the autumn Budget 2024, and I am meeting farming bodies again…10 Feb 2025HANSARDInheritance Tax Relief: FarmsI will make some progress. The Liberal Democrat spokesperson, the hon. Member for Glastonbury and Somerton (Sarah Dyke), asked how the figures were arrived at. The figure to which…10 Feb 2025HANSARDInheritance Tax Relief: FarmsI thank the right hon. Gentleman for his intervention, but let us consider those who will still have generous protection from inheritance tax under the reformed system that we…10 Feb 2025HANSARDInheritance Tax Relief: FarmsI will take interventions in a moment, but let me make a little progress. Based on the statistics I have just set out, which show where the bulk of the benefit from agricultural…10 Feb 2025HANSARDInheritance Tax Relief: FarmsWhat has driven the Government in making the decision to reform agricultural and business property relief is the overwhelming priority of fixing the public finances in a fair and…10 Feb 2025HANSARDInheritance Tax Relief: FarmsI will respond fully to the point made by the hon. Member for Angus and Perthshire Glens (Dave Doogan) first. As I was saying before he intervened, the data from HMRC, to which…10 Feb 2025HANSARDInheritance Tax Relief: FarmsI thank my hon. Friend for her intervention. She is absolutely right about the importance of repairing the public finances and supporting public services, for her constituents in…10 Feb 2025HANSARDInheritance Tax Relief: FarmsI thank the right hon. Gentleman for his further intervention. In understanding how the reliefs are reformed, the important point is to focus our conclusions on the data on…10 Feb 2025HANSARDInheritance Tax Relief: FarmsI am about to come to some of the statistics to which the hon. Gentleman and others referred. I do not have much time, so I will make a little progress before answering some of…10 Feb 2025HANSARDInheritance Tax Relief: FarmsEarlier in the debate, we heard that the average return on capital is 0.5%, but I am sure that the right hon. Gentleman will be aware that 10% of farms in England have made a…10 Feb 2025HANSARDInheritance Tax Relief: FarmsI will make a little progress, and then take interventions in a second. The data that I just referred to on where the relief currently goes—I was going to address in a moment the…10 Feb 2025HANSARDInheritance Tax Relief: FarmsIt is a pleasure to speak in this debate with you in the Chair, Dr Murrison. I begin by extending my thanks, as other Members have, to my hon. Friend the Member for South Norfolk…10 Feb 2025HANSARDInheritance Tax Relief: FarmsI will make some progress and turn to the impact that the reforms will have on taxpayers, because there has been a lot of discussion of the impacts, and of the numbers that…10 Feb 2025HANSARDCrown Estate Bill [ Lords ] (Second sitting)May I take this moment to thank all hon. Members on both sides of the Committee for their attendance and their contributions? I also thank you, Mr Mundell, for chairing the…06 Feb 2025HANSARDCrown Estate Bill [ Lords ] (Second sitting)New clause 7, tabled by the hon. Member for Ynys Môn, would require the Crown Estate to disaggregate reporting in its accounts to show capital and revenue figures for the…06 Feb 2025HANSARDCrown Estate Bill [ Lords ] (Second sitting)I thank the hon. Member for Ynys Môn for tabling new clause 6, which would require that the commissioners must transfer all net revenue profit generated from the Crown Estate’s…06 Feb 2025HANSARDCrown Estate Bill [ Lords ] (Second sitting)My hon. Friend is absolutely right that a collective approach to projects such as those in the Celtic sea, which cross English and Welsh administrative boundaries, can increase a…06 Feb 2025HANSARDCrown Estate Bill [ Lords ] (Second sitting)I thank the hon. Member for Ynys Môn for tabling new clause 5, which would require that within two years of the day on which the Act commences, the Treasury must have completed a…06 Feb 2025