Does the shadow Minister not recognise that the abolition of the reserve tax will be a great enhancement to the UK unit trust industry, which has been losing a lot of business to Switzerland, Singapore and elsewhere? Although he has characterised the beneficiaries as being very wealthy, this change will ensure that jobs are retained in this important industry, especially back-office and middle-office jobs, as it goes from strength to strength in the decades ahead.
Finance Bill
Proceeding contribution from
Mark Field
(Conservative)
in the House of Commons on Tuesday, 2 July 2013.
It occurred during Debate on bills on Finance Bill.
Type
Proceeding contribution
Reference
565 c862
Session
2013-14
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2014-04-17 21:09:42 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2013-07-02/13070292000618
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Commons/2013-07-02/13070292000618
In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2013-07-02/13070292000618