UK Parliament / Open data

Finance (No. 2) Bill

Proceeding contribution from Chris Leslie (Labour) in the House of Commons on Wednesday, 25 March 2015. It occurred during Debate on bills on Finance (No. 2) Bill.

I want to make some progress—I have several pages still to get through and I want other Members to contribute.

The Bill should have contained a bank bonus tax for starter jobs and measures to scrap the bedroom tax. Given today’s timetable, however, I must move rapidly to some specific issues in the Bill and ask the Minister some questions. It is not just that we have general

objections to the 45p higher rate of tax for earnings over £150,000; we have anxieties about their plans for a married couples allowance that will benefit only one third of married couples and only one sixth of families with children, and although the increases in the personal allowance are a concession, rather than leap straight to a 20p basic rate, it would be better to start with a 10p rate, as a fairer and more effective way to ease people on lower incomes into income tax.

Type
Proceeding contribution
Reference
594 cc1450-1 
Session
2014-15
Chamber / Committee
House of Commons chamber
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