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Proceeding contribution from Mark Hoban (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

The Chancellor made his own remarks about his maths, so I shall not make any about his sums not adding up. Certainly, he cannot work out the reality of business in Britain today. Some 75 per cent. of production in our economy comes from the service sector, yet the tax changes that he has proposed primarily help asset-rich businesses that invest in fixed capital, rather than the businesses that are so typical of the service sector, which invest in human capital as well. That is an important difference to highlight.


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