Proceeding contribution from Lord Hammond of Runnymede (Conservative) in the House of Commons on Tuesday, 7 June 2005. It occurred during Debate on bill on Finance Bill.
Finance Bill
I suspect that the actual outcome is that wealth is redistributed in favour of specialist lawyers and accountants, who benefit in proportion to the tax code’s size and complexity. The Paymaster General will have heard what my hon. Friend said. I rather suspect that I am intruding into a long-running private debate between the two of them. I am sure that she will respond in due course, or perhaps the Financial Secretary will do so.
Secondary information
- Type
- Proceeding contribution
- Reference
- 434 c1140
- Session
- 2005-06
- Chamber / Committee
- House of Commons chamber
- Subjects
- Accountancy Capital gains tax Corporation tax Income tax Gift aid National income Public expenditure Lump sum payments Public sector debt Tax avoidance Taxation VAT Stamp duties
- Legislation
- Finance Bill 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2024-01-26 17:06:37 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_249898
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