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Proceeding contribution from Alec Shelbrooke (Conservative) 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

Absolutely; I agree entirely with my hon. Friend. When the previous Government lowered VAT to 15%, the then Chancellor added 2p to fuel duty to compensate for the 2.5% reduction, but he did not take that 2p back off when he put VAT back up to 17.5%, thereby hitting everybody and, as was pointed out earlier, the goods in shops.


Secondary information

Type
Proceeding contribution
Reference
513 c854 
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