Skip to main content

Proceeding contribution from Chris Leslie (Labour) in the House of Commons on Tuesday, 3 May 2011. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance (No. 3) Bill.


Finance (No. 3) Bill

Indeed, and not only can we see the low yield figures in this country; we can also look at international comparisons and see that the rate is clearly very low indeed. Ministers have let it drift—as soon as it looks as though it might be a serious tax, back they come from the rate they have set, saying that it would raise too much and they must reduce it again.


Secondary information

Type
Proceeding contribution
Reference
527 c485 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Banks Financial services Excise duties Fuels EU economic policy Exploration Economic growth Oil Pay Natural gas Public expenditure Prices Offshore industry Regulation Taxation VAT Tax yields North Sea oil Bank levy
Legislation
Finance (No. 3) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk