Contributions
1,239 recent contributions in Hansard
HANSARDFinance Bill (Second sitting)I shall respond to the hon. Lady on the plethora of analysis and support that goes on for a range of policy areas. We are not lacking in either interest in this area or…16 Jan 2024HANSARDFinance Bill (First sitting)I thank the hon. Gentleman for his comments. Indeed, I believe most of those affected here in Parliament were elected prior to 2015. There has been consultation with the…16 Jan 2024HANSARDFinance Bill (Second sitting)On a point of order, Mr Paisley. Before you conclude your comments, I think this is an appropriate opportunity for me to make similar comments and thanks to those made by my…16 Jan 2024HANSARDFinance Bill (First sitting)Clause 16 and schedule 10 make changes to improve the experience of many small businesses when completing income tax returns by extending the eligibility for the cash basis, which…16 Jan 2024HANSARDFinance Bill (First sitting)I thank the hon. Member for his comments. We should be very clear that the Government are not forcing businesses to use cash accounts. A business can still choose the method of…16 Jan 2024HANSARDFinance Bill (First sitting)The hon. Member is being rather selective. Swathes of the public sector will benefit: headteachers, police chiefs, clinicians, senior armed forces personnel, air traffic…16 Jan 2024HANSARDFinance Bill (First sitting)I thank hon. Members for their comments. As I say, the measures are separate from the broader debate on IR35, which we have all heard about as constituency MPs. The legislation is…16 Jan 2024HANSARDFinance Bill (First sitting)We will have that debate another day.16 Jan 2024HANSARDFinance Bill (First sitting)I thank the hon. Lady again for her contribution and support. There are many relatively small and highly technical changes that we are making through the Bill, and this is one of…16 Jan 2024HANSARDFinance Bill (First sitting)Clause 18 makes changes to ensure that the statutory reference under which the Scottish Government’s carer’s allowance supplement payments are made is corrected in income tax…16 Jan 2024HANSARDFinance Bill (First sitting)Clause 17 makes changes to address a potential overcollection of tax and national insurance contributions by HMRC to resolve an unfairness in the tax system. This will allow HMRC…16 Jan 2024HANSARDFinance Bill (First sitting)Clause 14 and schedule 9 make changes to complete the abolition of the pensions lifetime allowance. By completing the work to remove the lifetime allowance charge, the Government…16 Jan 2024HANSARDFinance Bill (First sitting)The hon. Lady is right to highlight that—it is the very question that I asked. Nobody will be financially impacted by the change, which applies to a drafting error that has not…16 Jan 2024HANSARDFinance Bill (First sitting)I thank Opposition Members for their comments. There is very clear alignment on this point. Clause 12 means that postmasters affected by the Horizon IT scandal receive the…16 Jan 2024HANSARDFinance Bill (First sitting)I should probably explain to anybody wondering about the musical chairs that we have two Ministers here, because the clauses are split across ministerial responsibilities. I…16 Jan 2024HANSARDFinance Bill (First sitting)Thank you. I do not think anybody in this room or any Members doubt the importance of the creative industries sector. It is an absolute success story for the UK, a huge export…16 Jan 2024HANSARDFinance Bill (First sitting)Clause 19 widens access to the growth market exemption—a relief from stamp duty and stamp duty reserve tax—so that it better supports SMEs and growth businesses to raise capital.…16 Jan 2024HANSARDFinance Bill (First sitting)I thank the hon. Lady for her comments and questions. Any market that meets the requirements will be able to apply to HMRC to take advantage of the exemptions. The UK’s financial…16 Jan 2024HANSARDFinance Bill (First sitting)I thank the hon. Gentleman for his comments. He will be aware that, while HMRC is operationally independent, I have oversight as part of my ministerial role. We have regular…16 Jan 2024HANSARDFinance Bill (First sitting)Clause 11 extends the sunset clause for the enterprise investment scheme and the venture capital trust scheme to April 2035. The schemes will continue to support thousands of…16 Jan 2024