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Proceeding contribution from Lord Darling of Roulanish (Labour) in the House of Commons on Monday, 24 November 2008. It occurred during Ministerial statement on Pre-Budget Report.


Pre-Budget Report

I did look at whether the relief should be concentrated on regeneration areas, but the problem was that a lot of people or businesses who have empty properties in areas that are not in regeneration areas would be perfectly entitled to say, ““What about me?”” I introduced a measure that helped 70 per cent. of empty property, where people will not pay rates as a whole. Of course, we will continue to consider what other measures we can put in place to help businesses. My answer to my hon. Friend's question is that I did consider that option, but it would have created other unfairnesses of its own.


Secondary information

Type
Proceeding contribution
Reference
483 c513-4 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Business Corporation tax Banks Credit Investment Financial institutions Financial markets Government shareholding Economic situation Inflation Forecasts National income Public sector National insurance contributions Small businesses Tax allowances Taxation VAT Tax rates and bands Stock market World economy Pre-Budget report 2008
Link
View this Proceeding contribution on www.publications.parliament.uk