Contributions
1,562 recent contributions in Hansard
HANSARDFinance (No. 2) Bill (First sitting)It is a pleasure to serve on this Committee with you as Chair, Ms McVey. As we heard from the Minister, clause 1 imposes a charge to income tax for 2023-24. It is a formality in…16 May 2023HANSARDFinance (No. 2) Bill (First sitting)As we have heard, clause 34 and schedule 3 make amendments in connection with the corporate interest restriction and predecessor legislation, to ensure that the rules work as…16 May 2023HANSARDFinance (No. 2) Bill (Second sitting)I apologise to the Minister for missing her comments about Government amendment 8 and remind her that I would like to know whether the amendment, if it is passed, will have any…16 May 2023HANSARDFinance (No. 2) Bill (Second sitting)Clause 39 clarifies the tax treatment of payments received under the lump sum exit scheme, saying they will be treated as capital receipts rather than income, provided that the…16 May 2023HANSARDFinance (No. 2) Bill (Second sitting)Thank you, Ms McVey. The Minister was quick to rubbish the conclusions of the LSE and Warwick on the behavioural impact of abolishing non-dom status, even though the research was…16 May 2023HANSARDFinance (No. 2) Bill (Second sitting)The Minister quoted some figures that we have heard before, and I think it is worth the Committee having the context for them. The Minister tried to defend non-dom tax status by…16 May 2023HANSARDFinance (No. 2) Bill (Second sitting)I will focus on the question in my previous intervention. The Minister was keen to rubbish the LSE and Warwick analysis based on HMRC data. Will she—16 May 2023HANSARDFinance (No. 2) Bill (Second sitting)I begin by addressing clause 36, which inserts new sections into the Taxation of Chargeable Gains Act 1992. As we heard from the Minister, the new sections will help to make sure…16 May 2023HANSARDTax System: FairnessTens of thousands of people have been affected by the loan charge, with some having faced well-documented distress and harm as a result of HMRC’s approach. At the same time, HMRC…09 May 2023HANSARD Non-Domestic Rating BillAs we have heard today, this Bill makes a number of changes to the system of business rates, with most of these changes arising from the Government’s business rates review, which…24 Apr 2023HANSARDFinance (No. 2) BillNo; I am going to make some progress. The hon. Gentleman has intervened quite a lot and I am looking forward to his speech, as I am sure everyone in the Committee is. When the…19 Apr 2023HANSARDFinance (No. 2) BillThank you, Dame Rosie, for the opportunity to respond on behalf of the Opposition. I wish to speak in support of the new clauses in my name and the name of my hon. Friend the…19 Apr 2023HANSARDFinance (No. 2) BillI thank the hon. Gentleman for his intervention, but the argument we were hearing from hon. Members on both sides of the House was about NHS doctors and keeping them in work. The…19 Apr 2023HANSARDFinance (No. 2) BillThe hon. Member is right to point that out that, in addition to the points that I have made, the Government’s decision has a climate change impact. It shows, I think, in the…18 Apr 2023HANSARDFinance (No. 2) BillThank you, Dame Rosie, for the opportunity to respond on behalf of the Opposition. I would like to speak to the amendments and new clauses in my name and that of my hon. Friend…18 Apr 2023HANSARDFinance (No. 2) BillI thank the hon. Gentleman for his comments. At one point, I thought he was starting to speak in favour of our new clause; I got my hopes up momentarily because he referred to the…18 Apr 2023HANSARDFinance (No. 2) BillI thank the right hon. Gentleman for his intervention but I feel he rather misses the point. Surely having a temporary change merely moves investment around, rather than…18 Apr 2023HANSARDFinance (No. 2) BillI am going to make some progress. Finally, our new clause 2 would require the Government to set out their approach to pillar one of the OECD agreement and the digital services…18 Apr 2023HANSARD Finance (No. 2) BillAs we have said several times, we will set out our plans in our own time. But let us be clear, if the hon. Member has concerns over capital gains tax, he might want to talk to…29 Mar 2023HANSARD Finance (No. 2) BillMy hon. Friend is a real champion for small businesses in his constituency and beyond. We meet small business owners all the time, and they tell us that what they want are…29 Mar 2023