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Proceeding contribution from Jo Swinson (Liberal Democrat) in the House of Commons on Tuesday, 13 July 2010. It occurred during Committee of the Whole House (HC) and Debate on bill on Finance Bill.


Finance Bill

May I complete the picture presented by the hon. Member for Na h-Eileanan an Iar (Mr MacNeil)? While it is certainly true that the overall deficit has fallen somewhat, the structural deficit—the bit that we really need to worry about—is in fact £12 billion higher than was anticipated. Incidentally, that is about the same amount that will be raised by the VAT increase.


Secondary information

Type
Proceeding contribution
Reference
513 c817 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Poverty Charities Exemptions Excise duties Fuels Economic situation Pensioners Low incomes Rural areas Taxation VAT Rescue services Tax burden Sunset clauses
Legislation
Finance Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk