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Proceeding contribution from Brooks Newmark (Conservative) in the House of Commons on Monday, 30 April 2007. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.


Finance Bill

I agree with my hon. Friend the Member for Sevenoaks (Mr. Fallon). The Chancellor has admitted that he does not understand mathematics, but the clause shows that he does not understand the basics of business and that not all businesses are the same. He assumes, in a very broad-brush way, that all small businesses can benefit from the provisions when, in fact, only a small proportion do so.


Secondary information

Type
Proceeding contribution
Reference
459 c1243 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Accountancy Debts Corporation tax Capital allowances Casinos Gambling Investment Excise duties Employment agencies Gaming Internet Partnerships Welfare tax credits Small businesses Tax allowances Taxation Research Tax rates and bands Self-employed Managed service companies Off-payroll working
Legislation
Finance Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk