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Proceeding contribution from Simon Hughes (Liberal Democrat) in the House of Commons on Monday, 16 April 2012. It occurred during Debate on bill on Finance (No. 4) Bill.

Finance (No. 4) Bill

Of course some pensioners will not benefit, but some will. Some pensioners receive an income on which they pay tax and the rise in the threshold will benefit them. The hon. Lady has avoided my question about the OECD study, which makes it very clear that if one is choosing between reducing VAT and increasing the threshold and if the aim is to help people on lower incomes and to get money into the economy, one should go for the increase in the threshold.

Secondary information

Type
Proceeding contribution
Reference
543 c41-2 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Child benefit Alcoholic drinks Charities Business Corporation tax Banks Caravans Air passenger duty Housing Donors Income tax Excise duties Fuels Fiscal policy Economic situation Foreign companies Pension credit Personal income Pensioners Low incomes Pensions Prices Welfare tax credits Small businesses Tax allowances Tax avoidance Taxation VAT Stamp duties Tax rates and bands Stamp duty land tax Age allowances
Legislation
Finance Bill 2010-12 to 2012-13
Link
View this Proceeding contribution on www.publications.parliament.uk