Proceeding contribution from Lord Davies of Stamford (Conservative) in the House of Commons on Tuesday, 7 June 2005. It occurred during Debate on bill on Finance Bill.
Finance Bill
That is very kind. Does the Financial Secretary think it right that pensioners in the category that he has just described should be paying an effective marginal tax rate of 40 per cent? What does he think imposing such a marginal tax rate on pensioners with small savings or other incomes does to the incentive to save among people on modest incomes during their working lives?
Secondary information
- Type
- Proceeding contribution
- Reference
- 434 c1209
- 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
Librarians' tools
- Timestamp
- 2024-01-26 17:29:48 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_249974
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