Proceeding contribution from Barry Gardiner (Labour) 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

When someone receives an RPI-linked increase—or a CPI-linked increase, as it will become—it will include an element related to the increase in VAT, but the rest of the calculation for the CPI-linked adjustment will relate to all the other inflationary pressures that make up that figure. Is the hon. Gentleman really saying that if people in receipt of disability living allowance have to purchase major items of equipment on which VAT has increased by 2.5%, the increase in their allowances will compensate for that?

Secondary information

Type: Proceeding contribution
Reference: 513 c904
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

Finance Bill

Secondary information

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