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Proceeding contribution from Chuka Umunna (Labour) in the House of Commons on Monday, 8 November 2010. It occurred during Debate on bill on Finance (No.2) Bill.


Finance (No.2) Bill

No doubt the Government will consider my hon. Friend's interesting suggestion and comment accordingly. One of the main problems with the new measure is that people fall off a cliff edge when they hit the higher rate. Have the Government considered introducing a taper mechanism to prevent that anomaly from occurring, because obviously that is where the unfairness shines through?


Secondary information

Type
Proceeding contribution
Reference
518 c66 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Children Disclosure of information Child benefit Corporation tax Banks Crew Employment Families Fisheries Incentives Income tax Film Financial services Financial institutions Independent taxation Economic situation Personal income Pay Mental capacity Profits Norway Small businesses Tax allowances Taxation Shipping Terminology Video games Tax rates and bands Self-employed Iceland Bank levy
Legislation
Finance (No. 2) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk