Clause 43 - Land transactions
Finance Bill
11:30 am
Mr Paul Boateng (Chief Secretary, HM Treasury; Brent South, Labour)
Well, there is one of the main culprits. I do not wish to pursue the matter, but I hope that the point has been taken. Through your latitude, Mr. Gale, we now have an opportunity to consider the issue, albeit indirectly through our consideration of clause 43. I hope that hon. Members will accept that the aim of the relief is to raise standards in poorer areas surrounding pockets of wealth and advantage, so that they too can benefit from the investment that has been made and that is enjoyed by their more affluent neighbours.