UK Parliament / Open data

Finance Bill

Absolutely; I agree entirely with my hon. Friend. When the previous Government lowered VAT to 15%, the then Chancellor added 2p to fuel duty to compensate for the 2.5% reduction, but he did not take that 2p back off when he put VAT back up to 17.5%, thereby hitting everybody and, as was pointed out earlier, the goods in shops.
Type
Proceeding contribution
Reference
513 c854 
Session
2010-12
Chamber / Committee
House of Commons chamber
Back to top