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Proceeding contribution from Theresa Villiers (Conservative) 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

Mr. Christopher McCall, for the hon. Gentleman’s information. I urge the Government to think again about schedule 20, just as I urge them to think again about the whole Bill. Much of the measure increases complexity and instability in the tax system, discouraging business investment and damaging productivity growth, both of which have slumped under the Chancellor’s stewardship of the economy. Much of it undermines attempts to improve Britain’s IT skills, which are vital in competing for high value jobs with India and China and the world’s emerging economic giants. It leaves Britain with its highest tax burden ever, excluding North sea oil revenues, damages our competitiveness and fails to prepare our country for the challenges and opportunities of the 21st century globalised world economy.

Secondary information

Type
Proceeding contribution
Reference
445 c378 
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