Before the hon. Gentleman leaves the subject of VAT, can he clear up one problem that I came across in the Red Book? The scorecard for the Budget says that about £8 billion will be raised in taxes by 2014-15, yet the Office for Budget Responsibility forecast in the back of the Red Book says that only £3 billion in tax will actually come through the door. Why is there a £5 billion difference?
Finance Bill
Proceeding contribution from
Liam Byrne
(Labour)
in the House of Commons on Tuesday, 20 July 2010.
It occurred during Debate on bills on Finance Bill.
Type
Proceeding contribution
Reference
514 c193
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 17:51:41 +0000
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