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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

The matter can be cleared up very quickly. The scorecard on page 40, with which the hon. Gentleman will be enormously familiar, states that the ““total tax policy decisions”” will result in £8.230 billion being received in 2014-15, whereas table C12 on page 101, which shows the OBR forecast, says that only £3.1 billion in receipts will actually come in. Why is there a difference between what is on the scorecard, which is a little more than £8 billion, and what is in the OBR forecast for the money that will actually be raised, which is £3 billion?


Secondary information

Type
Proceeding contribution
Reference
514 c194 
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