In December 2015 HM Revenue & Customs published Making Tax Digital - its strategy to implement a new system of digital tax accounts to be used by businesses, the self-employed and landlords. This briefing examines the development of this strategy up to 2019.

In December 2015 HM Revenue & Customs published Making Tax Digital - its strategy to implement a new system of digital tax accounts to be used by businesses, the self-employed and landlords. This briefing examines the development of this strategy up to 2019.

To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect on the level of revenue to the public purse of the rise in spirits revenue after the change in excise duty in the Budget 2015.

To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect on the level of revenue to the public purse of the rise in spirits revenue after the change in excise duty in the Budget 2015.

To ask Mr Chancellor of the Exchequer, what effect the reduction in whisky duty in 2015 had on Government revenues.

To ask Mr Chancellor of the Exchequer, what effect the reduction in whisky duty in 2015 had on Government revenues.

My Lords, it is a pleasure to speak in the Second Reading debate with such a short and, perhaps I may say, select list of speakers. I start with a question. There is one ingredient which, if inserted into the Finance Bill, would raise pay, raise the tax intake, reduce...

My Lords, it is a pleasure to speak in the Second Reading debate with such a short and, perhaps I may say, select list of speakers. I start with a question. There is one ingredient which, if inserted into the Finance Bill, would raise pay, raise the tax intake, reduce...

To ask Mr Chancellor of the Exchequer, if he will publish an (a) environmental impact and (b) environmental sustainability assessment of Budget 2015, HC 1093.

To ask Mr Chancellor of the Exchequer, if he will publish an (a) environmental impact and (b) environmental sustainability assessment of Budget 2015, HC 1093.

My Lords, I beg to move that the Bill now be read a second time.

As noble Lords are aware, when this Government took office in 2010, they faced the worst economic crisis in recent history. Since then, this Government have taken decisive action to deal with the debts we inherited...

My Lords, I beg to move that the Bill now be read a second time.

As noble Lords are aware, when this Government took office in 2010, they faced the worst economic crisis in recent history. Since then, this Government have taken decisive action to deal with the debts we inherited...

My Lords, we live in a strangely surreal world with regard to this Finance Bill. My noble friends and noble Lords on the government side will recall when they were in the other place long days and nights spent on Finance Bills, watching dawn break across the river as we...

My Lords, we live in a strangely surreal world with regard to this Finance Bill. My noble friends and noble Lords on the government side will recall when they were in the other place long days and nights spent on Finance Bills, watching dawn break across the river as we...

My Lords, this is the fifth and last time that we are going to discuss a Finance Bill and all that one can say is that, so far at least, the macroeconomic strategy that the Labour Party had laid down before it went out of office has been achieved by...

My Lords, this is the fifth and last time that we are going to discuss a Finance Bill and all that one can say is that, so far at least, the macroeconomic strategy that the Labour Party had laid down before it went out of office has been achieved by...

Before the noble Lord sits down, he raised the interesting question of the expenditure tax. He will remember much better than I do Lord Kaldor’s famous book on the expenditure tax, probably in the 1960s or even earlier. The big problem with the expenditure tax, and I just wonder if...

Before the noble Lord sits down, he raised the interesting question of the expenditure tax. He will remember much better than I do Lord Kaldor’s famous book on the expenditure tax, probably in the 1960s or even earlier. The big problem with the expenditure tax, and I just wonder if...

Basically, I would be much more radical than even Lord Kaldor. It is because you are trying to tax income, capital or income from capital that a variety of complications arise in our tax system and our tax code gets ever more elaborate. Beyond the small range of PAYE-type incomes,...

Basically, I would be much more radical than even Lord Kaldor. It is because you are trying to tax income, capital or income from capital that a variety of complications arise in our tax system and our tax code gets ever more elaborate. Beyond the small range of PAYE-type incomes,...

I am most grateful to the noble Lord. If this is such a bad Bill, which parts of it would he reverse if his party were to win the next election?

I am most grateful to the noble Lord. If this is such a bad Bill, which parts of it would he reverse if his party were to win the next election?

Not a great deal. I am not arguing that it is such a bad Bill but that it is such an irrelevant Bill. It contains absolutely nothing of any significance. As I said, my noble friend Lord Haskel alighted on productivity, but that was not mentioned at all in the...

Not a great deal. I am not arguing that it is such a bad Bill but that it is such an irrelevant Bill. It contains absolutely nothing of any significance. As I said, my noble friend Lord Haskel alighted on productivity, but that was not mentioned at all in the...

My Lords, I thank all noble Lords who have spoken in this debate. I shall come back to the matters raised by the noble Lord, Lord Davies, but perhaps I may correct one point. He claimed, completely falsely, that there was no enthusiastic endorsement from my Benches for the Bill....

My Lords, I thank all noble Lords who have spoken in this debate. I shall come back to the matters raised by the noble Lord, Lord Davies, but perhaps I may correct one point. He claimed, completely falsely, that there was no enthusiastic endorsement from my Benches for the Bill....

As to my noble friend Lord Davies’s speech, the reason why so many people were on the government Benches, none of whom were speaking, is that they were trying to give subtle support to my noble friend Lord Haskel’s point that you can increase numbers without productivity. That is clearly...

As to my noble friend Lord Davies’s speech, the reason why so many people were on the government Benches, none of whom were speaking, is that they were trying to give subtle support to my noble friend Lord Haskel’s point that you can increase numbers without productivity. That is clearly...

A nice try.

A nice try.

As my noble friend said, a nice try. The big theme of several speakers related to productivity, and I will deal with that as best I can. I should like again to correct the noble Lord, Lord Haskel, about GDP per capita. This year, 2015, it will in fact be...

As my noble friend said, a nice try. The big theme of several speakers related to productivity, and I will deal with that as best I can. I should like again to correct the noble Lord, Lord Haskel, about GDP per capita. This year, 2015, it will in fact be...

Does the noble Lord recall the figures of the projected cuts in the further education budget for the trainers of a great number of these people without skills?

Does the noble Lord recall the figures of the projected cuts in the further education budget for the trainers of a great number of these people without skills?

Given the policy of the noble Lord’s party on further education, and given that if you talk to anybody in a university about their absolute fears about what will happen if a Labour Government comes in, with their policies to cut grants, and their views on what that does to...

Given the policy of the noble Lord’s party on further education, and given that if you talk to anybody in a university about their absolute fears about what will happen if a Labour Government comes in, with their policies to cut grants, and their views on what that does to...

I agree with the noble Lord’s general point, but I ask him to do one thing before the House prorogues. Will he ask his officials to put a reference to power of attorney on the tax website so that people can follow the link and find out what to do?...

I agree with the noble Lord’s general point, but I ask him to do one thing before the House prorogues. Will he ask his officials to put a reference to power of attorney on the tax website so that people can follow the link and find out what to do?...

I will do that very readily. Finally, the noble Lord, Lord Davies of Oldham, described this as a mean-spirited Bill, and he did not have a huge number of positive things to say about the Government’s track record during this Parliament. This is now the end of the Parliament and...

I will do that very readily. Finally, the noble Lord, Lord Davies of Oldham, described this as a mean-spirited Bill, and he did not have a huge number of positive things to say about the Government’s track record during this Parliament. This is now the end of the Parliament and...