Contributions
1,533 recent contributions in Hansard
HANSARDAgricultural and Business Property Reliefs: OBR CostingI am very grateful, as always, to the noble Baroness for her spirit of compromise. As I said in answer to the previous question, given the nil-rate bands, a couple can pass on up…27 Jan 2025HANSARDAgricultural and Business Property Reliefs: OBR CostingI absolutely agree with everything that the noble Lord said. Last week’s publication from the OBR does not contain any new information about its view on the fiscal impact of this…27 Jan 2025HANSARDAgricultural and Business Property Reliefs: OBR CostingThey would, absolutely; of course they can pass that farm on. To be very clear: there is 100% relief for the first £1 million of combined business and agricultural assets. Above…27 Jan 2025HANSARDAgricultural and Business Property Reliefs: OBR CostingI certainly agree with my noble friend on the specific point that farmers’ incomes are under pressure, and we must do everything we can, as a Government, to support farmers in…27 Jan 2025HANSARDAgricultural and Business Property Reliefs: OBR CostingYes, it is—and it will go a very long way to help our public services after years of neglect. I completely disagree with the noble Baroness’s characterisation of this policy.27 Jan 2025HANSARDAgricultural and Business Property Reliefs: OBR CostingThey have been costed jointly at £0.5 billion, as the noble Baroness, Lady McIntosh of Pickering, said.27 Jan 2025HANSARDInheritance Tax, National Insurance and VATMy Lords, I begin by congratulating the noble Lord, Lord Morrow, on securing this debate and on his opening speech. I am grateful to all noble Lords for their contributions this…27 Jan 2025HANSARDInheritance Tax, National Insurance and VATWe had to take difficult decisions in the Budget. In multiple debates on that issue, the noble Baroness has never said whether she wants higher borrowing, higher taxes or lower…27 Jan 2025HANSARDAgricultural and Business Property Reliefs: OBR CostingJust to be clear with my noble friend, we are not doing what he says at the end of his question. I think it is worth revisiting the rationale for this policy in the first place.…27 Jan 2025HANSARDEconomic GrowthMy Lords, I thank the noble Lord, Lord Farmer, for securing this debate, and I congratulate him on his interesting and wide-ranging opening speech. I thank all noble Lords for…23 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillI would be very happy to look into the specific point made by the noble Baroness. I will feed back in my responses on a subsequent group.21 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillYes, I am. I said that I wanted to set out some context at the outset. I know that the noble Baroness may not like that context, but it is why we are here today, after all. That…21 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillI think the noble Lord did in his contribution; I remember him raising the minimum wage, for example. I do not think that is directly related to the amendment. We are all…21 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillThe definition is set as it was previously. We have no intention of changing that definition.21 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillMy Lords, I am very grateful to all noble Lords who have spoken in this debate. I will address the amendments tabled by the noble Baronesses, Lady Smith of Newnham and Lady…21 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillHMRC has provided a tax information note, as it does for all similar policy changes. The Government have no intention of publishing additional assessments.21 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillMy Lords, I am grateful to all noble Lords for their contributions to this debate. I will address the amendments and the new clause proposed by the noble Baroness, Lady Kramer,…21 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillMy Lords, in answer to the point made by the noble Baroness, Lady Neville-Rolfe, as I have said, the Government and the OBR have already set out the impacts of the policy change.…21 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillI believe that that note is in line with what we have done for similar policy changes.21 Jan 2025HANSARDNational Insurance Contributions (Secondary Class 1 Contributions) BillMy Lords, I am grateful to all noble Lords. I will address the amendments and proposed new clauses proposed by the noble Baronesses, Lady Grender and Lady Kramer, and the noble…21 Jan 2025