Contributions
1,562 recent contributions in Hansard
HANSARDFinance (No. 2) Bill (Third sitting)As we know, at Budget 2020, the Government announced that they would remove the entitlement to use rebated diesel and biofuels from those sectors. As we heard, these changes took…18 May 2023HANSARDFinance (No. 2) Bill (Fourth sitting)I thank the Minister for giving way. The fact that clause 350(1) is necessary could be seen to imply that payments have in fact been made “to or for the benefit of a person who…18 May 2023HANSARDFinance (No. 2) Bill (Fourth sitting)As the Minister set out, clauses 343 and 344 introduce a restriction on the availability of tax reliefs so that only UK charities and UK community amateur sports clubs can gain…18 May 2023HANSARDFinance (No. 2) Bill (Fourth sitting)It is a pleasure to follow my hon. Friend the Member for Wallasey, who spoke to new clause 1. I will address some of the points she raised, as well as amendment 2 and clause 346.…18 May 2023HANSARDFinance (No. 2) Bill (Third sitting)As we heard from the Minister, clause 316 introduces schedules 19 and 20, which relate to the Trade Remedies Authority. When the UK left the EU, the UK Government established…18 May 2023HANSARDFinance (No. 2) Bill (Third sitting)I thank the Minister for her response, although she might have misunderstood my question on international comparators. Her response, I believe, was that what the UK Government are…18 May 2023HANSARDFinance (No. 2) Bill (Third sitting)I thank the Minister for his clear response on that point. Obviously, charities operating lifeboats are ones that we all seek to support and to ensure are not disadvantaged…18 May 2023HANSARDFinance (No. 2) Bill (Third sitting)I will speak briefly to clause 320 and schedule 21, which relate to the scope of the soft drinks industry levy. As the Exchequer Secretary set out, the result of these measures is…18 May 2023HANSARDFinance (No. 2) Bill (Fourth sitting)As we have heard, clause 348 consolidates existing automatic exchange of information powers that allow the Treasury to implement the domestic requirements of certain international…18 May 2023HANSARDFinance (No. 2) Bill (Fourth sitting)As we know, under the UK’s dormant assets scheme, dormant asset funds are transferred to an authorised reclaim fund, Reclaim Fund Ltd. People can reclaim from that fund what they…18 May 2023HANSARD Council Tax and Stamp Duty AlternativesAs I said, we opposed the stamp duty cut because it is not a way to spend public money wisely. We are clear that a Labour Government would spend public money wisely, making sure…17 May 2023HANSARD Council Tax and Stamp Duty AlternativesIt is a pleasure to speak in the debate with you as Chair, Mrs Harris. I thank the hon. Member for Barrow and Furness (Simon Fell) for securing it, and I particularly thank my…17 May 2023HANSARDFinance (No. 2) Bill (First sitting)Maybe you’ll get it right this time.16 May 2023HANSARDFinance (No. 2) Bill (First sitting)As we have heard, clause 30 applies to reinsurers of specific types of long-term insurance businesses known as basic life assurance and general annuity businesses, or BLAGAB. This…16 May 2023HANSARDFinance (No. 2) Bill (First sitting)I thank the Minister for her response to my point. For clarity, my understanding of the Chartered Institute of Taxation’s point was that where trustees have no liability to report…16 May 2023HANSARDFinance (No. 2) Bill (First sitting)As we have heard from the Minister, clause 29 introduces schedule 2, which makes provisions relating to the taxation of estates in administration and trusts. We understand that…16 May 2023HANSARDFinance (No. 2) Bill (First sitting)As the Minister says, the clause increases the annual amount of care income that a recipient of qualifying care relief will receive that is not subject to income tax. Furthermore,…16 May 2023HANSARDFinance (No. 2) Bill (First sitting)As we have heard, the clause introduces an income tax exemption for payments made by way of training allowances under the Jobs Growth Wales Plus scheme, which the Welsh Government…16 May 2023HANSARDFinance (No. 2) Bill (First sitting)I appreciate the Minister reading out the information from the policy note, which I also read and quoted during my speech. The question I was specifically asking, just to make…16 May 2023HANSARDFinance (No. 2) Bill (First sitting)As the Minister said, clause 16 makes changes to the company share option plan, a tax-advantaged employee share scheme available to all UK companies and their employees. It will…16 May 2023