UK Parliament / Open data

Finance (No. 2) Bill

Proceeding contribution from David Gauke (Conservative) in the House of Commons on Monday, 11 April 2016. It occurred during Debate on bills on Finance (No. 2) Bill.

Simplification does matter. One of the measures announced in the Budget—it is not in the Bill, for reasons that will become apparent—is the abolition of class 2 national insurance contributions. National insurance contributions are not covered in Finance Bills, but that is an example of a tax being removed—a tax that created a considerable administrative burden for both taxpayers and Her Majesty’s Revenue and Customs.

The Bill also puts the Office of Tax Simplification on a statutory footing. In the last Parliament, the OTS made approximately 400 recommendations, almost half of which have been implemented. The OTS is being strengthened; it has a new chair, Angela Knight, who is already performing a valuable role in leading the debate, and its resources have been increased. I am sure my hon. Friend will follow the OTS’s progress closely, scrutinise its performance and decide whether it is proposing measures that take us in the direction of which he approves.

Type
Proceeding contribution
Reference
608 c100 
Session
2015-16
Chamber / Committee
House of Commons chamber
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