Proceeding contribution from Mike Hancock (Liberal Democrat) in the House of Commons on Monday, 28 April 2008. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.
Finance Bill
I agree entirely, and I think that that pattern will quickly be followed around the country, because word will spread that that is a way to make money. The Government are truly cutting off their nose to spite their face. If the Treasury could calculate how much revenue it has lost in tax take from the closures over the past 12 months, it would be surprised and would see that it has already lost more than it will ever gain over the next two or three years.
Secondary information
- Type
- Proceeding contribution
- Reference
- 475 c85
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Companies Capital gains tax Corporation tax Bingo Amusement arcades Licensing Investment Income tax Gaming machines Pensioners Small businesses Tax allowances Taxation Tax rates and bands
- Legislation
- Finance Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 00:05:00 +0000
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