Contributions
1,239 recent contributions in Hansard
HANSARDFinance 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 (Second sitting)Finally, clauses 37 and 38 simply set out the Bill’s legal interpretation and short title in the usual manner for such legislation. I commend them to the Committee.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 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)I thank hon. Members for their comments. We seem to have had a bit of a U-turn from some Opposition Members and some political parties. There was considerable support for these…16 Jan 2024HANSARDFinance BillI thank hon. Members for their contributions. I will take a few moments to respond to quite a few questions raised during the debate. First, I reassure hon. Members that further…10 Jan 2024HANSARDFinance BillI will take clause 27 first. The changes that it makes clarify how VAT and excise legislation should be interpreted in the light of changes made by the Retained EU (Revocation and…10 Jan 2024HANSARDFinance BillI think some hon. Members may have tried to expand the debate strictly beyond the scope of the measures we are debating; for understandable reasons, I will stick strictly to the…10 Jan 2024HANSARDFinance BillMy hon. Friend is incredibly knowledgeable about this area through some of his previous business and ministerial experience, and that is a question I am intrigued to hear answered…10 Jan 2024HANSARDFinance BillI think my hon. Friend is kicking off what is likely to be a long debate over the course of the next year, but an important one for our constituents and businesses. The economy…10 Jan 2024HANSARDFinance BillThis Government’s aim is to grow the economy for the good of everyone by removing barriers to private sector investment and delivering a tax system that is supportive of business.…10 Jan 2024HANSARDFinance BillMy hon. Friend is right to point out the timing element with both full expensing and R&D; I will come on to R&D in a moment, because I think that is the £55 billion figure he…10 Jan 2024HANSARDFinance BillAll taxes are kept under review, as are their impacts, so some of the calls for further analysis are not necessary because we do that as a matter of course. It is important to…10 Jan 2024HANSARDFinance BillI agree that certainty for business is pivotal, but with both full expensing and R&D the Government, the Chancellor and others have been indicating the direction of travel for…10 Jan 2024HANSARDSmall Businesses: Fiscal SupportI thank my hon. Friend for his continuing support for small businesses in his constituency. Measures in the autumn statement to help them include extending the retail, hospitality…19 Dec 2023HANSARDTaxation of Long and Short-term LetsI thank my hon. Friend for her continued interest in this area on behalf of her constituents. The Government want to ensure a diverse and sustainable visitor accommodation offer…19 Dec 2023HANSARDTaxation of Long and Short-term LetsI thank the hon. Gentleman for his comments. We have talked about this topic in my previous roles over many years. He is aware that the Department for Levelling Up, Housing and…19 Dec 2023HANSARDSmall Businesses: Fiscal SupportA very jolly Christmas to you and all, Mr Speaker. Small and medium-sized enterprises are the backbone of the economy, and we support them to thrive using levers across…19 Dec 2023HANSARDSmall Businesses: Fiscal SupportAs I mentioned, we are well aware of the issue of late payments, and we are in constant dialogue with the key stakeholders in this area, as well as colleagues at the Department…19 Dec 2023