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Proceeding contribution from Stewart Hosie (Scottish National Party) in the House of Commons on Monday, 24 April 2006. It occurred during Debate on bill on Finance (No 2) Bill.

Finance (No. 2) Bill

The Chief Secretary mentions an increase in the R and D tax credit and the total sum awarded so far. However, in February 2005, the Paymaster General said that £670 million would be available for the R and D tax credit in 2004–05. When the Financial Secretary wrote to me in October last year, he told me that only £290 million had been allocated—so what confidence can we have that all the money set aside for the R and D tax credit will in fact go to that cause?

Secondary information

Type
Proceeding contribution
Reference
445 c365 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Alcoholic drinks Charities Capital gains tax Aviation Corporation tax Computers Cars Climate change levy Fraud Families ICT Environment protection Gambling Income tax Film Exemptions Excise duties Exhaust emissions Landfill tax Inheritance tax Fiscal policy Investment trusts Economic situation Motor vehicles Oil Pensions Personal pensions Olympic Games Life insurance Passengers Pension funds PAYE Paralympic Games Small businesses Tax allowances Tax avoidance Taxation VAT Research Trusts Tobacco Dividend tax credits Stamp duties Tax rates and bands Skilled workers Wills Tax evasion Tax yields Productivity Stamp duty land tax Tax thresholds Real estate investment trusts
Legislation
Finance (No. 2) Bill 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk