Alan Dolton Editor of Tolley's Tax Cases summarises the Second Reading debate on the Finance Bill
The House of Commons began considering the Finance Bill on Monday 21 April. The Chief Secretary to the Treasury (Yvette Cooper) proposed the Second Reading of the Bill. She stated:
'The overall impact of the fiscal decisions is to put billions more into the economy this year through the automatic stabilisers and the decisions on things such as delaying the increase in fuel duty until October which is implemented in the Bill. … It sets out a major package of reforms to run alongside the changes made by the National Insurance Contributions Bill last year and the changes made to the tax credit system. These include the cut in the basic rate by 2p...
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Alan Dolton Editor of Tolley's Tax Cases summarises the Second Reading debate on the Finance Bill
The House of Commons began considering the Finance Bill on Monday 21 April. The Chief Secretary to the Treasury (Yvette Cooper) proposed the Second Reading of the Bill. She stated:
'The overall impact of the fiscal decisions is to put billions more into the economy this year through the automatic stabilisers and the decisions on things such as delaying the increase in fuel duty until October which is implemented in the Bill. … It sets out a major package of reforms to run alongside the changes made by the National Insurance Contributions Bill last year and the changes made to the tax credit system. These include the cut in the basic rate by 2p...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
