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Proceeding contribution from Baroness Browning (Conservative) in the House of Commons on Monday, 21 April 2008. It occurred during Debate on bill on Finance Bill.

Finance Bill

At the beginning of March, I exchanged correspondence with the Financial Secretary to the Treasury about the 60 to 64-year-olds who would lose out. She wrote back to me admitting that there would be losses, but that they"““will be relatively modest, at about £2 per week on average.””" Those losses will affect about 1.5 per cent. of people on low incomes, in some cases both people in a household. When the current Prime Minister announced the Budget, did he entirely disregard the people who would pay more tax this year than they did last year, or was this an omission that was not recognised at the time?

Secondary information

Type
Proceeding contribution
Reference
474 c1069 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Children Child tax credit Child benefit Alcoholic drinks Charities Capital gains tax Aviation Corporation tax Banks Climate change Capital investment Credit Bingo Air passenger duty Civil partners Families Environment protection Income tax Fuels Inheritance tax Government assistance Double taxation Domicil Economic situation EU emissions trading scheme Forecasts Pensioners Low incomes Poverty Minimum wage Public houses Personal taxation Married people Low pay Public finance New businesses Public sector debt Migrant workers Working tax credit Small businesses Tax allowances Tax avoidance Taxation VAT Supermarkets Dividend tax credits Winter fuel payment Secured loans Revenue and Customs Carbon emissions Research and development tax credit Institute for Fiscal Studies Earnings limits Budget March 2007 Enterprise investment scheme
Legislation
Finance Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk