Proceeding contribution from Peter Bone (Conservative) in the House of Commons on Wednesday, 9 December 2009. It occurred during Ministerial statement on Pre-Budget Report.
Pre-Budget Report
The Chancellor was incorrect in saying that when the banks return to profit, they will pay corporation tax, because there will be £80 billion of losses to set off first. Does he not think that the citizens of the United Kingdom will be amazed by the fact that banks will be making billions of pounds in profit and not paying a single penny of corporation tax?
Secondary information
- Type
- Proceeding contribution
- Reference
- 502 c383
- Session
- 2009-10
- Chamber / Committee
- House of Commons chamber
- Subjects
- Bank services Banks Income tax Financial institutions Fiscal policy Economic situation Economic policy Economic growth Inflation Forecasts Pensions National insurance contributions Public sector net cash requirement Young people Unemployment benefits Tax allowances Taxation Unemployment Retail prices index Economic recession World economy Pre-Budget report 2009
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2025-01-23 21:05:01 +0000
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