Contributions
1,562 recent contributions in Hansard
HANSARDFinance (No.2) Bill (First sitting)Clause 29 relates to the tax treatment of collective defined contribution schemes as introduced by the Pension Schemes Act 2021. We support the introduction of CDC schemes, and…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)As we have heard, statutory parental bereavement pay was introduced in April 2020. The measure in clause 27 has been proposed to ensure that a payment will not be treated as a…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)The Whips will be relieved to hear that I have a very short contribution to make on this clause. The providers of state-funded housing in England, Wales and Scotland are exempt…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)As we have heard, clause 23 seeks to amend the law in relation to the van benefit charge, a taxable benefit that arises when an employee is provided with a company van that is…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)As we know, clause 22 focuses on post-employment notice pay, which is the part of a termination payment that is treated as being a payment in respect of the employee’s notice…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)As we have heard, clause 21 introduces a series of changes that relate to workers’ services provided through intermediaries, the provisions of which we support. First, the clause…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)I beg to ask leave to withdraw the amendment. Amendment, by leave, withdrawn. Clause 20 ordered to stand part of the Bill. Clause 21 Workers’ services provided through…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)Clause 20 and our amendment 23 relate to the social investment tax relief, which was introduced in 2014 to encourage investment in qualifying social enterprises and trading…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)Clause 19 and schedules 3 and 4 introduce a new restriction, or cap, on the payable element of the R&D tax credit for SMEs. Tax reliefs that seek to incentivise firms to invest in…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)I beg to move amendment 23, in clause 20, page 13, line 20, leave out “6 April 2023” and insert “6 April 2026”.22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)We recognise that the clause relates to the leasing of plant or machinery, and specifically to a situation where a lease of such machinery is extended due to coronavirus. Without…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)You will not be saying that by the end, Sir Gary. We recognise that this clause makes a largely technical amendment to the Capital Allowances Act 2001, meaning that certain types…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)It is a pleasure to be back in Parliament physically and to lead on a Public Bill Committee for the first time under your chairmanship, Sir Gary.22 Apr 2021HANSARD Finance (No. 2) BillI will speak to new clause 29, tabled in my name and the names of the Leader of the Opposition and other right hon. and hon. Friends. It is timely to consider what the Government…20 Apr 2021HANSARD Finance (No. 2) BillI very much agree. My hon. Friend makes an important point about the Government’s priorities, and about the lack of priority they give to going after the promoters of tax…20 Apr 2021HANSARD Finance (No. 2) BillI rise to speak to the amendments and the new clause in my name, that of the Leader of the Opposition and those of my other right hon. and hon. Friends. In the preceding debate,…19 Apr 2021HANSARD Finance (No. 2) BillI thank the right hon. Gentleman for his comments, but as I have set out, the annual investment allowance already appears to serve small and medium-sized enterprises well. The…19 Apr 2021HANSARD Finance (No. 2) BillNo, let me make some progress. The Government are wrong, and that is why we will be voting to stop the Chancellor’s tax break going to the biggest tech firms or other big…19 Apr 2021HANSARD Finance (No. 2) BillI thank the hon. Member for setting out some of the figures about the impacts of the Bill. I can add to that by saying that if we take the freezes to the personal allowances,…19 Apr 2021HANSARD Finance (No. 2) BillThe hon. Gentleman spoke about the super-deduction, but as that will be picked up in the next debate, I will focus now on the changes that are the subject of this debate. Although…19 Apr 2021