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Debate on bill and Committee of the Whole House (HC) on Wednesday, 3 May 2006, in the House of Commons.

Finance (No 2) Bill

Finance (No 2) Bill. Committee stage second day for Clauses 13 to 15, 26, 61, 91 and 106, Schedule 14, and new Clauses relating to the effect of provisions of the Bill on section 18 of the Inheritance Tax Act 1984. Clause 91 agreed to. Schedule 14 agreed to. Clauses 106 and 13-15 agreed to. Bill (Clauses 13-15,26,61,91 and 106 and Schedule 14) reported without amendment.

Secondary information

Type
Parliamentary proceeding
Reference
445 c993-1074 
Session
2005-06
Department
Treasury
Legislative stage
Committee stage
Chamber / Committee
House of Commons chamber
Related items
Proceeding contributions
Rob Marris | 445 c1072-3 (Link to this contribution) I will not, I am afraid, because I do not have time. There are some negatives. In recent years, pri...
Show all contributions (186)
Lord Goodman of Wycombe | 445 c1073-4 (Link to this contribution) Given that we have not had the chance to vote on the Liberal Democrat amendments for reasons that ha...
Julia Goldsworthy | 445 c1071-2 (Link to this contribution) I was making the point that they are much more vulnerable to increases. We are therefore trying to r...
Lord Goodman of Wycombe | 445 c1074 (Link to this contribution) I apologise but I want to allow the Financial Secretary time to reply. We cannot say now whether, in...
John Healey | 445 c1074 (Link to this contribution) Earlier, I set out the purpose and outlined details of clause 13 and I am glad that the hon. Member ...
John Healey | 445 c1069 (Link to this contribution) We had a wide-ranging debate on a narrow set of amendments, but I should make some remarks in the cl...
Julia Goldsworthy | 445 c1068-9 (Link to this contribution) I noticed that the Minister referred to the environmental objectives of vehicle excise duty. Will he...
John Healey | 445 c1069 (Link to this contribution) I am disappointed in the hon. Lady. I did not accept the intervention of the hon. Member for Eastlei...
Lord Beamish | 445 c1071 (Link to this contribution) I am listening carefully to the hon. Lady, but less than 10 minutes ago, Liberal Democrats moved an ...
Julia Goldsworthy | 445 c1069 (Link to this contribution) Returning to my earlier intervention, what impact does the Financial Secretary think that the new VE...
John Healey | 445 c1070 (Link to this contribution) If the hon. Lady studies the evidence on the impact of the graduated VED scheme, she will see that t...
John Healey | 445 c1069 (Link to this contribution) I shall give way to the hon. Lady, who is leading for the Liberals in this debate and who is shadow ...
Lord Bruce of Bennachie | 445 c1067-8 (Link to this contribution) We shall see, but I do not think that his contribution demonstrated that understanding. He was imply...
Stewart Hosie | 445 c1067 (Link to this contribution) I thank the hon. Gentleman for giving way, not least because I am the party’s Treasury spokesman and...
Lord Bruce of Bennachie | 445 c1066-7 (Link to this contribution) I am grateful to my colleagues for tabling this group of amendments and enabling us to have this deb...
Chris Huhne | 445 c1065-6 (Link to this contribution) The hon. Gentleman may have misunderstood me. The Countryside Agency’s definition of a sparsely popu...
John Healey | 445 c1068 (Link to this contribution) The debate has been entertaining, Sir Michael, particularly for Government Members. It has also been...
Stewart Hosie | 445 c1065 (Link to this contribution) Is the hon. Gentleman speaking of the 5 per cent. population in the most sparsely populated areas? I...
Chris Huhne | 445 c1064-5 (Link to this contribution) Thank you, Mrs. Heal. I shall speak about the amendment under discussion and highlight the difficult...
Chair of Committees of the Whole House | 445 c1064 (Link to this contribution) Order. I remind hon. Members that amendment No. 26 has not been selected.
Stewart Hosie | 445 c1063 (Link to this contribution) The Financial Secretary will correct me if I am wrong, but I believe that the Budget documentation r...
Lord Beamish | 445 c1063 (Link to this contribution) I hear what the hon. Gentleman is saying, but surely vehicles working in fields are already covered ...
Stewart Hosie | 445 c1063 (Link to this contribution) The hon. Gentleman will be aware, given that he has been here for most of today’s debate, that this ...
Rob Marris | 445 c1064 (Link to this contribution) The hon. Gentleman is speaking in favour of amendment No. 21 which, as I understand it, is not reven...
Chris Huhne | 445 c1063-4 (Link to this contribution) The hon. Member for Dundee, East (Stewart Hosie) made much of the difficulties that rural areas face...
Lord Goodman of Wycombe | 445 c1064 (Link to this contribution) So that we are all clear, may I ask the hon. Gentleman, who is making the second Front-Bench speech ...
Chris Huhne | 445 c1064 (Link to this contribution) The hon. Gentleman has participated in such debates for a number of years and is extremely well info...
Stewart Hosie | 445 c1062-3 (Link to this contribution) It seems that there is a move to tackle two separate issues. The first is to create a vehicle excise...
Viscount Thurso | 445 c1061-2 (Link to this contribution) I am a humble Back-Bench Member in this army. I do not have the slightest idea what my Front-Bench c...
John Healey | 445 c1023 (Link to this contribution) As the hon. Member for Fareham (Mr. Hoban) said, the amendment probes the notion of introducing inhe...
John Healey | 445 c1021-2 (Link to this contribution) We propose to lengthen the shareholding period for investments in VCTs following formal and informal...
Mark Hoban | 445 c1022 (Link to this contribution) In response to my hon. Friend the Member for Ludlow (Mr. Dunne), it is a relief to discover that the...
Mark Hoban | 445 c1022-3 (Link to this contribution) I beg to move amendment No. 5, in schedule 14, page 77, line 3 [Vol II], at end add—
Viscount Thurso | 445 c1019 (Link to this contribution) Hon. Members of all parties agree on the importance and desirability of investment in venture compan...
John Healey | 445 c1019 (Link to this contribution) The hon. Gentleman would not expect the Treasury to micro-monitor the performance of investments by ...
Mark Hoban | 445 c1019-20 (Link to this contribution) I thank the Financial Secretary for his response to the debate. I am concerned whether the move from...
Mark Hoban | 445 c1020 (Link to this contribution) I beg to move amendment No. 12, in schedule 14, page 76 [Vol II], leave out lines 1 to 13. The amen...
John Healey | 445 c1019 (Link to this contribution) I am explaining that it is designed to be a new, settled and more generous rate than existed in the ...
John Healey | 445 c1018-9 (Link to this contribution) It was just that. It was set at 40 per cent. for two years; it was due to revert at the beginning of...
Mark Hoban | 445 c1019 (Link to this contribution) I hope that I am not about to pre-empt the Minister’s next comment, but will he reiterate the Chief ...
Philip Dunne | 445 c1017 (Link to this contribution) I should like to make a couple of brief observations. The industry has been almost silent on the iss...
Colin Breed | 445 c1017-8 (Link to this contribution) I would like to reinforce what has already been said from the Opposition Benches. I am sure that the...
Stephen Hesford | 445 c1016 (Link to this contribution) Which part of ““temporary”” does the hon. Gentleman think that the industry did not understand in 20...
Brooks Newmark | 445 c1016-7 (Link to this contribution) The hon. Gentleman is absolutely right; the point was made that the relief was temporary. But, as we...
Brooks Newmark | 445 c1016 (Link to this contribution) The Government’s desire to refocus VCT investment is a simple excuse for dealing with the unforeseen...
Lord Davies of Stamford | 445 c1043 (Link to this contribution) Are there any proposed restrictions on the degree to which these REITs can be leveraged? I am not su...
Ivan Lewis | 445 c1043-6 (Link to this contribution) I will come to that in a moment. There are some restrictions. If the hon. Gentleman had been here a ...
Chair of Committees of the Whole House | 445 c1046 (Link to this contribution) Order. I believe that the Minister has completed his speech, so the hon. Gentleman cannot intervene ...
Brooks Newmark | 445 c1035 (Link to this contribution) It may be instructive to look at the United States, which has a far more mature real estate investme...
David Gauke | 445 c1035-7 (Link to this contribution) That is an invaluable point and I am most grateful to my hon. Friend for his knowledge and insight i...
Brooks Newmark | 445 c1037-40 (Link to this contribution) Real estate investment trusts, when they were originally conceived as property investment funds, wer...
Ivan Lewis | 445 c1040 (Link to this contribution) Having spent the past nine hours supporting my right hon. Friends the Paymaster General and the Fina...
Mark Francois | 445 c1040 (Link to this contribution) I thank the Minister for giving way so early in his remarks, and I notice his bullish opening. I app...
Ivan Lewis | 445 c1040-3 (Link to this contribution) My undertaking could, theoretically, mean the night before, but I will do my best to ensure that the...
David Gauke | 445 c1033-5 (Link to this contribution) There is fundamentally a great deal of consensus on this issue. All parties want REITs to come in an...
Viscount Thurso | 445 c1035 (Link to this contribution) I should declare my entry in the Register of Members’ Interests. I own 2 per cent. of an AIM-listed ...
Julia Goldsworthy | 445 c1031-2 (Link to this contribution) Absolutely not. My point is that such companies are a higher-risk investment, whereas the REIT schem...
Lord Young of Cookham | 445 c1032-3 (Link to this contribution) I begin by commending my hon. Friend the Member for Rayleigh (Mr. Francois) on his thoughtful and we...
David Gauke | 445 c1035 (Link to this contribution) The hon. Gentleman may have a fair point, but perhaps the decision as to whether it is in the intere...
Mark Francois | 445 c1024 (Link to this contribution) I beg to move amendment No. 24, in page 97, line 13 [Vol I], at end add—
Julia Goldsworthy | 445 c1030-1 (Link to this contribution) We shall deal with the broader issues connected with REITs during the stand part debate and during d...
Mark Francois | 445 c1031 (Link to this contribution) The SIPPs problem was the fault of the Government, not of AIM or the stock exchange. The hon. Lady h...
Chair of Committees of the Whole House | 445 c1024 (Link to this contribution) With this it will be convenient to discuss the following amendments: No. 4, in page 97, line 23 [Vol...
Mark Francois | 445 c1024-30 (Link to this contribution) Clause 106 is arguably the key part of part 4, in that it defines some of the principal conditions t...
Julia Goldsworthy | 445 c1051-2 (Link to this contribution) Of course I will come to that. Our proposals deal with sparsely populated rural areas as defined by ...
Lord Goodman of Wycombe | 445 c1051 (Link to this contribution) Will the hon. Lady tell the House what definition of ““sparsely populated rural area”” she proposes ...
Julia Goldsworthy | 445 c1052 (Link to this contribution) The definitions in the amendment mean that it would affect hundreds of thousands of people who do no...
Mark Francois | 445 c1048-50 (Link to this contribution) My hon. Friend has put down a marker, and I look forward to his amendment. He also referred to an im...
Julia Goldsworthy | 445 c1051 (Link to this contribution) The proposed changes illustrate the recognition of the fact that people in rural areas are likely to...
Chair of Committees of the Whole House | 445 c1050-1 (Link to this contribution) With this it will be convenient to discuss the following amendments: No. 21, in clause 13, page 15,...
Julia Goldsworthy | 445 c1052 (Link to this contribution) My hon. Friend makes his point well. Those people will be hit hardest by changes to vehicle excise d...
Danny Alexander | 445 c1052 (Link to this contribution) I strongly support what my hon. Friend says on this point. In my constituency in the highlands of Sc...
Mark Francois | 445 c1047-8 (Link to this contribution) I thank my hon. Friend for raising that important point. I have not delved into the gearing ratio, b...
Mark Francois | 445 c1047 (Link to this contribution) People who monitor our proceedings can read Hansard and judge the matter for themselves. However, I ...
Julia Goldsworthy | 445 c1047 (Link to this contribution) May I point out to the hon. Gentleman that I was stressing the importance of risk? REITs are about t...
Mark Francois | 445 c1046-7 (Link to this contribution) If it assists my hon. Friend, I am happy to act as an intermediary. I understand that there is a con...
Mark Francois | 445 c1046 (Link to this contribution) I am sorry that my hon. Friend was slow off the mark, but I am speaking now, and I am happy to accep...
Mark Francois | 445 c1048 (Link to this contribution) I thank my hon. Friend for reiterating that point. I will not respond in more detail for fear of str...
David Gauke | 445 c1048 (Link to this contribution) At an earlier stage the Government proposed a leverage limit of 2.5:1; now, it is 1.25:1. In Februar...
Chris Huhne | 445 c1055 (Link to this contribution) Will the hon. Gentleman clarify whether the Conservative party’s carbon tax proposals extend its app...
Lord Goodman of Wycombe | 445 c1054-5 (Link to this contribution) It is a pleasure to see you in the Chair, Mrs. Heal. It is also a pleasure—after listening to some o...
Chris Huhne | 445 c1055 (Link to this contribution) The hon. Gentleman may not be overly familiar with Finance Bill procedures, but if he were, he would...
Lord Goodman of Wycombe | 445 c1055 (Link to this contribution) I look forward to doing that in Committee, but I am afraid that I would be ruled out of order today....
Julia Goldsworthy | 445 c1056 (Link to this contribution) My hon. Friend the Member for Eastleigh (Chris Huhne) referred to the SIPPs amendment that we tabled...
Lord Goodman of Wycombe | 445 c1055-6 (Link to this contribution) I shall have a good deal to say about that amendment in a moment, but I thought that Liberal Democra...
David Leslie Taylor | 445 c1056 (Link to this contribution) On a point of order, Mrs. Heal. Can you advise us as to whether this metaphysical discussion of the ...
Chair of Committees of the Whole House | 445 c1056 (Link to this contribution) I should be much happier if hon. Members participating in the debate returned to the specifics of th...
Lord Goodman of Wycombe | 445 c1056 (Link to this contribution) I shall return to the specifics of the amendments, even if I disappoint some Labour Members by doing...
Chris Huhne | 445 c1056 (Link to this contribution) Perhaps the hon. Gentleman does not realise that the rural discount applies only to the bands below ...
Chair of Committees of the Whole House | 445 c1053 (Link to this contribution) Order. I know that the hon. Lady is relatively new to the House, but it is important to address the ...
Julia Goldsworthy | 445 c1053 (Link to this contribution) I am talking about households living in sparsely populated rural areas. As I have made clear, we wan...
Stewart Hosie | 445 c1053 (Link to this contribution) I am fascinated. Notwithstanding the fact that the Countryside Agency covers only England, not Engla...
Rob Marris | 445 c1053 (Link to this contribution) Following the point that has just been made, the form concerned—whatever it is called now—would give...
Julia Goldsworthy | 445 c1053 (Link to this contribution) I can confirm that. Cars must be registered to households, not just for vehicle excise duty purposes...
Lord Young of Cookham | 445 c1053 (Link to this contribution) I am not unsympathetic to the hon. Lady’s point, but the tax that she proposes to amend is not on ho...
Julia Goldsworthy | 445 c1053 (Link to this contribution) I apologise, Mrs. Heal. If the hon. Gentleman wants to table an amendment devolving that responsibil...
Julia Goldsworthy | 445 c1053-4 (Link to this contribution) Quite simply: by ensuring that when someone paid vehicle excise duty, that person declared that he o...
Lord Goodman of Wycombe | 445 c1054 (Link to this contribution) Does the 398,000 figure relate to people living in rural areas, or to people living in sparsely popu...
Julia Goldsworthy | 445 c1054 (Link to this contribution) It relates to sparsely populated rural areas as defined by the 2004 census. Our amendments recognis...
Robert Smith | 445 c1059-60 (Link to this contribution) My hon. Friend also needs to make the point that public transport would probably be an environmental...
Viscount Thurso | 445 c1059 (Link to this contribution) I rise to support the Liberal Democrat amendments, but, first, I want to set out the nature of the p...
Viscount Thurso | 445 c1060 (Link to this contribution) My hon. Friend makes that point extremely well. A bus with one person in it is far more polluting th...
Lord Goodman of Wycombe | 445 c1056-7 (Link to this contribution) I am aware of that, but I must not be drawn back into metaphysical speculation about an amendment th...
Julia Goldsworthy | 445 c1057 (Link to this contribution) A clear definition is set out by the Countryside Agency, with reference to the distance of certain a...
Lord Goodman of Wycombe | 445 c1057-8 (Link to this contribution) If so, the Liberal Democrats might have found a clearer way to spell out a full definition in their ...
Chris Huhne | 445 c1058 (Link to this contribution) Under the proposals, it is clear that if such a person were to own a green vehicle, they would pay z...
Lord Goodman of Wycombe | 445 c1058 (Link to this contribution) I am glad to have that clarification from the person who is clearly leading for the Liberal Democrat...
Julia Goldsworthy | 445 c1058 (Link to this contribution) Is it therefore my understanding that the hon. Gentleman and his party would make no changes to the ...
Lord Goodman of Wycombe | 445 c1058-9 (Link to this contribution) I shall come to all that in the clause stand debate. If the hon. Lady is not happy with my answer th...
Viscount Thurso | 445 c1061 (Link to this contribution) I would be delighted to give such encouragement to the Highland council, which covers three, if not ...
Chair of Committees of the Whole House | 445 c1061 (Link to this contribution) Order. I ought to remind hon. Members that we are going a little wide of the amendment. Perhaps we c...
Viscount Thurso | 445 c1060 (Link to this contribution) I hope that the hon. Gentleman will take up my offer of coming to visit me sometime in the north. As...
Lord Beamish | 445 c1061 (Link to this contribution) I suggest that the hon. Gentleman does something that I did in my early days on Newcastle city counc...
Viscount Thurso | 445 c1061 (Link to this contribution) I apologise for straying, Mrs. Heal. My constituents already pay an increase to the Treasury due to...
Lord Goodman of Wycombe | 445 c1061 (Link to this contribution) As the hon. Gentleman has such confidence in his party’s amendment, can he confirm that his party wi...
Chair of Committees of the Whole House | 445 c1002 (Link to this contribution) Order. The hon. Gentleman will be aware that this particular issue arises on a later group of amendm...
Mark Hoban | 445 c995-8 (Link to this contribution) My hon. Friend is absolutely right. When companies have lower asset values there is an increase in t...
Brooks Newmark | 445 c995 (Link to this contribution) Does my hon. Friend recognise that moving to lower asset values and smaller companies will mean a mu...
Colin Breed | 445 c1000-1 (Link to this contribution) The Liberal Democrats and the House as a whole have to recognise that the private equity market in t...
Brooks Newmark | 445 c998-1000 (Link to this contribution) I begin by drawing attention to my entry in the Register of Members’ Interests. Although I have neve...
Colin Breed | 445 c1001 (Link to this contribution) I entirely accept that. We can look at those compensations and the way in which the provisions tinke...
Rob Marris | 445 c1001 (Link to this contribution) According to my understanding of the matter, the hon. Member for South-East Cornwall (Mr. Breed) is ...
Colin Breed | 445 c1002 (Link to this contribution) I entirely agree with that. We will see that reduction in the figures next year if these proposals g...
Brooks Newmark | 445 c1001-2 (Link to this contribution) One of the problems that we face is that the private equity industry, which was alluded to, is, in e...
Stephen Hesford | 445 c1003 (Link to this contribution) The hon. Gentleman says that the Government could approach the matter differently by focusing on sec...
Chair of Committees of the Whole House | 445 c993 (Link to this contribution) With this, it will be convenient to discuss the following amendments: No. 7, in page 74 [Vol II], l...
Mark Hoban | 445 c993 (Link to this contribution) I beg to move amendment No. 6, in page 74 [Vol II], leave out lines 5 to 26.
Mark Hoban | 445 c993-5 (Link to this contribution) The first four amendments in this group deal with issues to do with the gross assets of investee com...
Chair of Committees of the Whole House | 445 c1013 (Link to this contribution) With this it will be convenient to discuss amendment No. 11, in page 75, line 30 [Vol II], leave out...
Mark Hoban | 445 c1013 (Link to this contribution) I beg to move amendment No. 10, in page 75, line 25 [Vol II], leave out ‘30’ and insert ‘40’.
Mark Hoban | 445 c1013 (Link to this contribution) I am sure, Sir John, that we will have a fuller airing in this debate of some of the issues that wer...
Mark Hoban | 445 c1012-3 (Link to this contribution) As ever, my hon. Friend makes an important point about the parliamentary scrutiny of such issues and...
Mark Hoban | 445 c1012 (Link to this contribution) I thank the Minister for the effectiveness of his reply. I shall comment first on amendments Nos. 6,...
John Bercow | 445 c1012 (Link to this contribution) The Financial Secretary referred to the issue of guidance by the Inland Revenue. Although we are not...
John Healey | 445 c1011 (Link to this contribution) I was just winding up, but I will give way to the hon. Gentleman. He has assiduously attended the de...
Philip Dunne | 445 c1011 (Link to this contribution) I am grateful to the Financial Secretary. The HMRC guidance on inadvertent breaches is welcome, as i...
John Healey | 445 c1011-2 (Link to this contribution) To put the matter in perspective, the cases of inadvertent breaches of the rule that have come to ou...
Mark Hoban | 445 c1014-6 (Link to this contribution) The hon. Gentleman is about to make a mountain out of a molehill. There are differing effects, and i...
Mark Hoban | 445 c1014 (Link to this contribution) The hon. Gentleman needs to remember that there are a series of three changes in schedule 14 that im...
Stephen Hesford | 445 c1014 (Link to this contribution) Does the hon. Gentleman accept that there is an element of double counting? The House needs to be su...
Mark Hoban | 445 c1013-4 (Link to this contribution) I will address the hon. Gentleman’s question about why that might be wrong, but the point, which was...
Stephen Hesford | 445 c1014 (Link to this contribution) The hon. Gentleman would not have intended to conflate two arguments, but I understand that when the...
John Healey | 445 c1006-7 (Link to this contribution) We have had a broad-ranging debate on this set of amendments. In a sense, it sets the scene for a wi...
Philip Dunne | 445 c1006 (Link to this contribution) That applies to every new investment that a VCT seeks to make using new capital raised by issuing sh...
Colin Breed | 445 c1003 (Link to this contribution) First, I would prefer to leave the scheme as it is. However, if we were to examine certain sectors, ...
Rob Marris | 445 c1003 (Link to this contribution) I understood the hon. Gentleman to be saying that his preference would be to leave things the way th...
Colin Breed | 445 c1003-4 (Link to this contribution) I understand the hon. Gentleman’s argument. He is right that a judgment can really be made only in r...
Philip Dunne | 445 c1004-5 (Link to this contribution) I remind the Committee of my entry in the Register of Members’ Interests. I am an investor in a vent...
John Bercow | 445 c1005 (Link to this contribution) The prognosis that my hon. Friend cited of a prospective reduction from £800 million to £300 million...
Philip Dunne | 445 c1005 (Link to this contribution) I have been quoting from Mr. Chaplin’s website. I have not had a direct conversation with him. The i...
Brooks Newmark | 445 c1005 (Link to this contribution) It might be helpful to explain a little more the cause behind the statement to which my hon. Friend ...
John Healey | 445 c1009-11 (Link to this contribution) I know that the hon. Gentleman is keen on sunset clauses, but in this instance, the short answer to ...
John Healey | 445 c1009 (Link to this contribution) We are looking for effectiveness, not elegance. The package of measures, including the reduction in ...
Colin Breed | 445 c1009 (Link to this contribution) I am grateful to the Financial Secretary for that information, which reinforces my view. Given that ...
Brooks Newmark | 445 c1008 (Link to this contribution) Will the Financial Secretary give way?
John Healey | 445 c1008 (Link to this contribution) I suspect that the point that the hon. Gentleman is about to raise is one that he will have ample op...
Brooks Newmark | 445 c1007 (Link to this contribution) What analysis the Minister has undertaken to justify that comment and to show what size the market w...
John Healey | 445 c1007-8 (Link to this contribution) The hon. Gentleman re-poses the questions that he posed earlier. I have not yet come to the points t...
John Healey | 445 c1008-9 (Link to this contribution) My suspicions, Sir John, were precisely confirmed by the hon. Gentleman’s intervention. Perhaps I m...
Brooks Newmark | 445 c1008 (Link to this contribution) I am curious as to the Financial Secretary’s logic. How can reducing the tax incentive from 40 per c...
Chair of Committees of the Whole House | 445 c1008 (Link to this contribution) Order. The hon. Gentleman knows very well that that point will be dealt with in the next group of am...
Baroness Primarolo | 445 c1052 (Link to this contribution) I want to press the hon. Lady on the point made by the hon. Member for Wycombe (Mr. Goodman). In the...
Lord Davies of Stamford | 445 c1047 (Link to this contribution) Does my hon. Friend agree that it may not be entirely sensible to have a restriction of 1.25:1 on th...
David Gauke | 445 c1048 (Link to this contribution) My hon. Friend makes a good point. There are two tests here. Let me take the example of Jersey. Firs...
Stephen Hesford | 445 c1013 (Link to this contribution) In simple terms, as I understand the matter, before the change took place in 2004 the rate was 20 pe...
John Healey | 445 c1068 (Link to this contribution) No, I will not; I am responding to the amendments proposed from the Liberal Front Bench by the hon. ...
John Bercow | 445 c1009 (Link to this contribution) Precisely in the light of what the hon. Gentleman just said about the net cost to public funds of hi...
Rob Marris | 445 c1072 (Link to this contribution) We should review what the Government have done as regards motoring and emissions. In 1997, they intr...
Julia Goldsworthy | 445 c1070-1 (Link to this contribution) The changes in clause 13 are one of the main headlines in the Budget and were used by the Chancellor...
Philip Dunne | 445 c1020-1 (Link to this contribution) I want to support amendment No. 12 and make a couple of observations from my experience about the in...
John Healey | 445 c1018 (Link to this contribution) Amendments Nos. 10 and 11 would renew and make permanent the temporary rate of 40 per cent. income t...
Julia Goldsworthy | 445 c1050 (Link to this contribution) I beg to move amendment No. 25, in clause 13, page 14, line 20 [Vol I], leave out Table A and insert...
Lord Goodman of Wycombe | 445 c1052 (Link to this contribution) As the hon. Lady apparently has a definition of people in rural and sparsely populated rural areas, ...
Lord Davies of Stamford | 445 c1046 (Link to this contribution) I am grateful to my hon. Friend for his kind suggestion, but I am not sure that he is in a position ...
Lord Goodman of Wycombe | 445 c1056 (Link to this contribution) The hon. Lady claims that an amendment that could not be voted on made a substantial contribution to...
Julia Goldsworthy | 445 c1052 (Link to this contribution) I certainly can. According to the rural and urban area classification 2004 and census data, we are t...
Philip Dunne | 445 c1005-6 (Link to this contribution) I am grateful to my hon. Friend for supporting my contention that that will be a direct consequence ...
Mark Hoban | 445 c1023-4 (Link to this contribution) Once again, I am grateful to the Financial Secretary for setting out the Government’s case for not e...
Brooks Newmark | 445 c1018 (Link to this contribution) I am sure that the Financial Secretary will go on to deal with some of the points that I made earlie...
Lord Beamish | 445 c1060 (Link to this contribution) I always enjoy the hon. Gentleman’s contributions. He has been cut loose from the Front Bench and ta...
Colin Breed | 445 c1002-3 (Link to this contribution) I am grateful, Sir John, and sorry that I transgressed. I have tried to find out what the savings r...
Subjects
Companies Assets Climate change Cars Concessions Finance Investment Income tax Excise duties Inheritance tax Property Transport Small businesses Shares Tax allowances Taxation Research Rural areas Real estate investment trusts Enterprise investment scheme Venture capital trusts
Legislation
Finance (No. 2) Bill 2005-06
Link
View this Parliamentary proceeding on www.publications.parliament.uk