Contributions
1,533 recent contributions in Hansard
HANSARDSchool Fees: VATMy Lords, the implication of imposing VAT on school fees with effect from 1 January 2025 will be to raise revenue to fund the Government’s objective that every child has access to…10 Oct 2024HANSARDSchool Fees: VATAs I said earlier, we will monitor closely any impact of these policies on the scheme mentioned by the noble Lord. The right time to consider changes to the scheme is at the…10 Oct 2024HANSARDSchool Fees: VATI do not accept that in any way, shape or form. The whole point is that you should have access to high-quality education whether or not you have the money in the first place.10 Oct 2024HANSARDSchool Fees: VATI am grateful to the noble Baroness for her insight on those points. I can confirm that the final policy design of this measure will be announced at the time of the Budget,…10 Oct 2024HANSARDSchool Fees: VATI am grateful to my noble friend for those points; I fundamentally agree with her. As I said, this is a necessary decision that will generate additional funding to help improve…10 Oct 2024HANSARDSchool Fees: VATI am grateful to my noble friend for making those points, and I agree with what she said. The Government are committed to breaking down barriers to opportunity. We are determined…10 Oct 2024HANSARDSchool Fees: VATI am of course aware that this is an area of specific concern, as was said. Our proposed policy ensures that children with acute needs that can be met only in the private sector,…10 Oct 2024HANSARDSchool Fees: VATThere were several questions there. Yes, this money will go to the state sector; I do not accept that there will be any loss from this policy; and yes, the OBR will publish the…10 Oct 2024HANSARDSchool Fees: VATThe answer to the noble Baroness’s first question is no and the answer to her second question is that that is a matter for the spending review. I disagree fundamentally with her…10 Oct 2024HANSARDSchool Fees: VATI am very grateful for the noble Baroness’s insight and expertise on this matter. In answer to her question, that is absolutely what we will seek. As she knows, where parents are…10 Oct 2024HANSARDUK Economy: Capital Gains TaxI am very grateful to the noble Baroness for giving me another opportunity to remind the House of the £22 billion black hole that was concealed by the previous Government. I am…09 Oct 2024HANSARDUK Economy: Capital Gains TaxThe noble Lord knows full well that I am not able to comment on speculation about any specific tax. What I will say is that we must rebuild our public finances, including by…09 Oct 2024HANSARDUK Economy: Capital Gains TaxObviously, I am happy to confirm that growth is our number one priority. That is exactly what the forthcoming Budget will be about: fixing the foundations of our economy so we can…09 Oct 2024HANSARDUK Economy: Capital Gains TaxI am grateful to my noble friend for reminding the House of that fact. Members of the party opposite appear to have forgotten who was in power for the past 14 years. They appear…09 Oct 2024HANSARDUK Economy: Capital Gains TaxMy Lords, there is speculation ahead of every Budget, but the Government’s priorities for the economy are clear. We are committed to restoring growth to our economy after years of…09 Oct 2024HANSARDUK Economy: Capital Gains TaxI am grateful to my noble friend for his insight. He knows that we must rebuild our public finances to ensure economic stability, including by addressing the £22 billion black…09 Oct 2024HANSARDUK Economy: Capital Gains TaxAs set out in our manifesto, we are committed to not increasing taxes on working people, which is why we will not increase national insurance, basic, higher or additional rates of…09 Oct 2024HANSARDUK Economy: Capital Gains TaxA working person is someone who goes out to work.09 Oct 2024HANSARDUK Economy: Capital Gains TaxI am grateful to my noble friend for his expertise on this matter. At the risk of repeating myself, he knows I would not be able to comment on speculation about other specific…09 Oct 2024HANSARDUK Economy: Capital Gains TaxThe noble Lord is right to say that investment is absolutely crucial to our plans for the economy—which is why we are absolutely committed to removing the barriers to private…09 Oct 2024