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


Pre-Budget Report

I welcome the business payment support service that my right hon. Friend is setting up. I spoke to the director of my chamber of commerce today, and he suggested something similar to this measure, by allowing the quarterly payments for VAT and corporation tax to be paid in monthly instalments. I urge my right hon. Friend to ensure that the service is an early intervention service so that small businesses do not incur huge bank charges and that they get the support to which he alluded. In addition, does it cause him any distress at all that the Conservative party changes its policy from week to week?


Secondary information

Type
Proceeding contribution
Reference
483 c517 
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