Clause 102 - Landfill tax: rate
Finance Bill
5:30 pm
Mr Stephen Timms (Financial Secretary, HM Treasury; East Ham, Labour)
No, I did not. My argument, in line with the comments of the hon. Member for Kingston and Surbiton, is that a cautious approach is right and that, by 2004, when we will have reached the £15 a tonne rate, we will be able to judge the correct tax rate for the future by using evidence and experience of the different tax rates.