Proceeding contribution from Stewart Hosie (Scottish National Party) in the House of Commons on Wednesday, 6 July 2005. It occurred during Debate on bill on Finance Bill.
Finance Bill
The volatility is precisely the point. To avoid Governments having to scurry about freezing duty levels, the process should be automatic depending on the circumstances. I am happy to concede that there will have to be a facility to take cognisance of whether the price rise is a prolonged spike or a structural change. I accept that our new clause is not perfect, but I hope that the Government will take on board its principle. I also hope that the hon. Lady takes that answer in the spirit in which it is intended.
Secondary information
- Type
- Proceeding contribution
- Reference
- 436 c363
- Session
- 2005-06
- Chamber / Committee
- House of Commons chamber
- Subjects
- Children Debts Land Insurance companies Law Excise duties Freight Fuels Inheritance tax Double taxation Investment trusts Oil Property transfer Reform Tax avoidance Taxation VAT Trusts Rural areas Stamp duty land tax Sunset clauses
- Legislation
- Finance Bill 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 11:17:17 +0100
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