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Proceeding contribution from Alison Seabeck (Labour) in the House of Commons on Tuesday, 12 May 2009. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.


Finance Bill

I am not as expert as the hon. Gentleman, but his argument about the proxies—spending on VAT-able and non-VAT-able goods—is flawed. If there is additional money in families' pockets because they have saved money on VAT-able goods, sales of non-VAT-able goods could rise because they have more money to spend on food and other products. I am not sure that the hon. Gentleman's argument makes sense.


Secondary information

Type
Proceeding contribution
Reference
492 c762 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Alcoholic drinks Companies Business Corporation tax Competition Capital investment Excise duties Business rates Public houses Tax allowances Tax avoidance Taxation VAT Tax rates and bands Trade competitiveness
Legislation
Finance Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk