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
As I said a few moments ago to the hon. Member for St. Albans (Anne Main), any price reduction would be welcomed by people going out to shop, and I have actually reduced income tax, especially for basic rate taxpayers, because I am introducing the increase in the personal allowance. Income tax personal allowances take time to be fully implemented; a cut in VAT can be implemented much more quickly.
Secondary information
- Type
- Proceeding contribution
- Reference
- 483 c519
- 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
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- 2025-01-22 21:08:12 +0000
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