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Proceeding contribution from Liam Byrne (Labour) in the House of Commons on Tuesday, 20 July 2010. It occurred during Debate on bill on Finance Bill.


Finance Bill

Before the hon. Gentleman leaves the subject of VAT, can he clear up one problem that I came across in the Red Book? The scorecard for the Budget says that about £8 billion will be raised in taxes by 2014-15, yet the Office for Budget Responsibility forecast in the back of the Red Book says that only £3 billion in tax will actually come through the door. Why is there a £5 billion difference?


Secondary information

Type
Proceeding contribution
Reference
514 c193 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Annuities Economic situation Economic growth Forecasts Pensions Public sector Public expenditure Unemployment Public sector debt Tax allowances Taxation VAT Uprating Cuts Office for Budget Responsibility
Legislation
Finance Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk