Contributions
1,562 recent contributions in Hansard
HANSARD Inheritance TaxI thank the hon. Member for his intervention, but, as we have set out, all our plans are within our fiscal rules. Frankly, that was the hon. Member’s attempt to distract from the…17 Jan 2024HANSARD Inheritance TaxI see the hon. Gentleman gesturing, but I have given way twice; I am going to make a bit of progress before taking any more interventions. We are not concerned just that…17 Jan 2024HANSARD Inheritance TaxIt is a pleasure to speak in this debate with you as the Chair, Sir Robert. I begin by congratulating my hon. Friend the Member for Hemsworth (Jon Trickett) on securing this…17 Jan 2024HANSARDFinance Bill (First sitting)The clause provides for changes to the rates of excise duty on tobacco products, covering cigarettes, cigars, hand-rolling tobacco and other forms of tobacco, in addition to…16 Jan 2024HANSARDFinance Bill (First sitting)Clause 23 provides for changes to certain rates of vehicle excise duty by amending schedule 1 to the Vehicle Excise and Registration Act 1994. We understand that the changes to…16 Jan 2024HANSARDFinance Bill (First sitting)As we heard from the Minister, the clause makes changes to air passenger duty. It increases the domestic reduced rate by 50p and the domestic standard rate by £1. In band B, the…16 Jan 2024HANSARDFinance Bill (Second sitting)It is a pleasure to be back with you in the Chair, Mr Paisley. As we heard from the Minister, clause 28 is about rates of landfill tax. As he outlined, the clause seeks to…16 Jan 2024HANSARDFinance Bill (Second sitting)I am not intending to speak to any new clauses, so I thought to take this opportunity simply to thank you, Mr Paisley, for chairing, and to thank all the Clerks and House…16 Jan 2024HANSARDFinance Bill (Second sitting)As we heard from the Minister, clause 30 raises the plastic packaging tax in line with CPI, and the change will take effect from 1 April. The Opposition have made clear throughout…16 Jan 2024HANSARDFinance Bill (Second sitting)As the Minister set out, the clause increases the rate of the aggregates levy in line with inflation. As the Government policy paper on this matter sets out, the aggregates levy…16 Jan 2024HANSARDFinance Bill (Second sitting)As the Minister said, clause 35 makes changes to the types of tax return for which HMRC collects data. According to the Government’s policy paper on this matter, the modifications…16 Jan 2024HANSARDFinance Bill (First sitting)I look forward not only to moving on from the current drama in our wider politics, but also to the Minister’s response on the specific point about pantomime productions and claims…16 Jan 2024HANSARDFinance Bill (Second sitting)We have no concerns about clauses 37 and 38, you will be pleased to hear, Mr Paisley. As this may be the last time I get to contribute to the debate today—16 Jan 2024HANSARDFinance Bill (First sitting)It is a pleasure to serve on this Committee with you as Chair, Mr Paisley, and I am pleased to be able to respond on behalf of the Opposition on these clauses and schedules. As we…16 Jan 2024HANSARDFinance Bill (First sitting)As the Minister explained, clause 8 makes a number of amendments to the real estate investment trust rules. The Government’s policy paper on the matter set out that, since 2006,…16 Jan 2024HANSARDFinance Bill (First sitting)As we have heard, clause 9 sets out to make changes to the tonnage tax, by extending the scope of the tax to allow entry by third-party ship managers. As the Government’s policy…16 Jan 2024HANSARDFinance Bill (First sitting)As we have heard from the Minister, clause 14 intends to complete the abolition of the lifetime allowance, as announced by the Chancellor at last year’s spring Budget. When the…16 Jan 2024HANSARDFinance Bill (First sitting)As we have heard from the Minister, clause 17, on PAYE regulations, aims to give HMRC the power to make regulations that will enable it to set off amounts of tax already paid by a…16 Jan 2024HANSARDFinance Bill (First sitting)You beat me to it, Mr Paisley. I do not think this change will affect me personally, given when I was elected, but with an abundance of caution I declare an interest, as I am sure…16 Jan 2024HANSARDFinance Bill (First sitting)As the Minister outlined, clause 16 makes the cash basis the default basis for calculating profits of trade for the tax year 2024-25 and beyond. As members of the Committee will…16 Jan 2024