Proceeding contribution from Lord Hammond of Runnymede (Conservative) in the House of Commons on Wednesday, 2 July 2008. It occurred during Debate on bill on Finance Bill.
Finance Bill
They are quite close—[Interruption.] They are on the same side of the country at least. The hon. Gentleman and I had a discussion earlier about employee share incentives. The principle is clear, and it is eminently capable of being debated and decided by politicians, but if anybody thought that the resulting legislation was clear, they need only look at schedule 3. The technical wording needed to achieve what the politicians decree is immensely complex. We need to draw a distinction between the policy principles that politicians can—and must in a democratically accountable society—make, and the technical implementation of those principles, which is the stuff of experts.
Secondary information
- Type
- Proceeding contribution
- Reference
- 478 c876-7
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Accountancy Capital gains tax Business Corporation tax Competition Budgets Income tax Insurance companies Excise duties Fuels Double taxation Domicil Economic situation Motor vehicles Parliamentary scrutiny Public participation Prices Small businesses Tax allowances Taxation VAT Shareholders Revenue and Customs Carbon emissions
- Legislation
- Finance Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 00:47:11 +0000
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