Proceeding contribution from Sammy Wilson (Democratic Unionist Party) in the House of Commons on Thursday, 15 July 2010. It occurred during Committee of the Whole House (HC) and Debate on bill on Finance Bill.
Finance Bill
I appreciate the hon. Gentleman's point about a 1% rise being regressive, but, on his earlier point about it putting people off buying insurance, the average household insurance policy is £400 and a 1% increase will add £4 to the total cost. If someone who seriously wishes to insure their home is prepared to pay £400, is he really suggesting that an extra £4 will produce the result to which he referred, namely that many people will no longer purchase insurance?
Secondary information
- Type
- Proceeding contribution
- Reference
- 513 c1127
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Travel Corporation tax Annuities Allowances Driving Income tax Exemptions Insurance Health insurance Inheritance tax Income Insurance premium tax Pensions Members Older people Working hours Tax allowances Tax avoidance Tax yields Independent Parliamentary Standards Authority Motor insurance
- Legislation
- Finance Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2026-05-06 13:28:15 +0100
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