Contributions
1,402 recent contributions in Hansard
HANSARDStamp Duty Land TaxAs usual, my right hon. Friend makes a characteristically poignant point. There is another act of damage that this Government have created: some of the most successful high net…28 Oct 2025HANSARDStamp Duty Land TaxYes, and I thank my hon. Friend for the excellent work that she has been doing on the Committee, particularly when she chaired it in the last Parliament.28 Oct 2025HANSARDStamp Duty Land TaxMy right hon. Friend is absolutely right. We see that in inflation, which is running at about twice the Bank of England’s target and about twice the rate that this Government…28 Oct 2025HANSARDStamp Duty Land TaxWe will take no lessons from the Labour party when it comes to the mismanagement of our economy. What I have just set out has led to a Chancellor who had a Budget in October last…28 Oct 2025HANSARDStamp Duty Land TaxI beg to move, That this House calls on the Government to reduce public expenditure to fund the abolition of stamp duty land tax on primary residences purchased by UK residents,…28 Oct 2025HANSARDStamp Duty Land TaxMy hon. Friend is exactly right. The tax does precisely that. It stops people moving to where the work is, to get better jobs and further themselves. Who wants to move to one…28 Oct 2025HANSARDStamp Duty Land TaxMy hon. Friend is absolutely right. I have already set out the estimate from the OBR that a 1% increase in stamp duty means a 5% to 7% reduction in transactions. It is a…28 Oct 2025HANSARDStamp Duty Land TaxI have already apprised the hon. Gentleman of the fact that on his party’s watch, 16,000 high-net-worth people have left the country, to the huge detriment of our economy. We…28 Oct 2025HANSARDStamp Duty Land TaxWe built 2.8 million homes since 2010, and a million in the last Parliament. It remains to be seen how many homes this Government will build. Another huge advantage of abolishing…28 Oct 2025HANSARDStamp Duty Land TaxMy hon. Friend is absolutely right. As Paul Johnson, formerly of the Institute for Fiscal Studies—I quoted him earlier—says, this tax “also acts to reduce effective supply for…28 Oct 2025HANSARDStamp Duty Land TaxStick to the day job.28 Oct 2025HANSARDStamp Duty Land TaxMy hon. Friend is absolutely right. The tax is a blocker on the aspirations of those who are growing their families and simply want to find a home with more bedrooms. Often, they…28 Oct 2025HANSARDStamp Duty Land TaxSpeaking of amnesia, would the right hon. Gentleman like to remind the House what the deficit was in 2010, when we first formed a Government?28 Oct 2025HANSARDStamp Duty Land TaxMy hon. Friend is absolutely right. The reasons that we need to abolish this tax include the fact that it stands in the way of younger people getting on to the housing ladder. To…28 Oct 2025HANSARDProperty TaxesI will do so momentarily. It started with broken promises. This was a party that said during the run-up to the general election that it had no intention of raising taxes left,…03 Sept 2025HANSARDProperty TaxesIf I am an hon. Friend, I will certainly give way.03 Sept 2025HANSARDProperty TaxesI beg to move, That this House notes recent reports that the Government is considering a wide range of increases to taxes on property; notes the Prime Minister’s commitment last…03 Sept 2025HANSARDProperty TaxesThere is no doubt that under the previous Government there was a need to support the economy. That involved the expenditure of £400 billion, not least on the furlough scheme. I do…03 Sept 2025HANSARDProperty TaxesMy point is very clear—I need to make some progress as I have been fairly generous in taking interventions—that when it comes to council tax, it is a fact that…03 Sept 2025HANSARDProperty TaxesI thank the hon. Gentleman for his kind words about the Conservative party—I am sure that they are deeply felt and very genuine. What the Deputy Prime Minister should be doing is…03 Sept 2025