Contributions
1,396 recent contributions in Hansard
HANSARDFinance (No.2) Bill (First sitting)I thank the hon. Gentleman for his question and for his support for this important legislation. Although not related to this clause, I thank him for the support the Labour party…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)The clause relates to workers’ services provided through intermediaries and makes technical changes to the off-payroll working legislation. The off-payroll working rules exist to…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)This is a small but important measure. Clause 39 exempts the Northern Ireland Housing Executive from corporation tax, bringing it into line with state-funded housing providers and…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)The clause makes provision for an easement for plant and machinery leases caught by anti-avoidance legislation when extended due to coronavirus. The easement has the effect of…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)I am grateful to the hon. Members for Glasgow Central and for Ealing North for their questions; let me speak to the points they have raised. The hon. Member for Glasgow Central…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)Clause 37 makes technical amendments to the corporate loss relief rules introduced in 2017. These ensure that the rules function as originally intended. They protect revenue by…22 Apr 2021HANSARDFinance (No.2) Bill (First sitting)Clause 38 makes two changes to ensure that the corporate interest restriction rules work as intended. The Government introduced these rules in 2017 to counter base erosion and…22 Apr 2021HANSARD Finance (No. 2) BillI have been held to account by my right hon. Friend and I am grateful to him for that, because that power—if I have any power—should always be held to account. Let me put the…20 Apr 2021HANSARD Finance (No. 2) BillBrilliantly, my hon. Friend has intervened just before I was about to mention that we are consulting on an online sales tax, which is a parallel initiative. Indeed, the digital…20 Apr 2021HANSARD Finance (No. 2) BillThe Government remain committed to tackling tax avoidance, evasion and other forms of non-compliance. Since 2010, we have introduced over 150 new measures and invested over £2…20 Apr 2021HANSARD Finance (No. 2) BillLast spring, we were only just beginning to understand as a nation what the full impact of the coronavirus might mean for us. We were told to stay at home and, for many people,…20 Apr 2021HANSARD Finance (No. 2) BillI am very happy to volunteer the Chancellor of the Duchy of Lancaster, if the hon. Gentleman wishes to write to him further to that conversation. We are keenly aware of the…20 Apr 2021HANSARD Finance (No. 2) BillThe Scottish Government are fully entitled to tax the Scottish people as much as they see fit in the democratic exercise of their mandate. The point I am making is that they have…20 Apr 2021HANSARD Finance (No. 2) BillBefore I wind up the debate, I thank colleagues not only in this debate but in all our previous debates for the engaged and often constructive way in which they have approached…20 Apr 2021HANSARD Finance (No. 2) BillMay I say how much I love your exuberance, Mr Walker? It is never better in evidence than it was just now. Perhaps we are all getting a bit demob happy after 10 hours of close…20 Apr 2021HANSARD Finance (No. 2) BillI do not think I will ever give a more popular speech than the one I am going to give now, because I just want to thank everyone who has made comments. I thank the hon. Member for…20 Apr 2021HANSARD Finance (No. 2) BillI am grateful to all those who have spoken in the debate. Let me start with my hon. Friend the Member for Thirsk and Malton (Kevin Hollinrake), who, as always, brought a robust…20 Apr 2021HANSARD Finance (No. 2) BillHMRC is addressing these issues. That is why this Bill has so many measures in it that are focused on the disclosure of tax avoidance schemes, toughening up that regime and…20 Apr 2021HANSARD Finance (No. 2) BillClauses 6 to 14 and schedule 1 establish the charge and set the rate of corporation tax at 19% for the financial year beginning in April 2022, and establish the charge and…19 Apr 2021HANSARD Finance (No. 2) BillIt has been a good debate and I thank all Members who have taken part. Let me pick up some of the key themes that were described, one of which is the impact on taxpayers of the…19 Apr 2021