Clause 19
Finance (No. 2) Bill
2:15 pm
Rob Marris (Wolverhampton South West, Labour)
I declare an interest. I am a member of the Law Society of England and Wales, although I am a non-practising solicitor. The Law Society briefing to which the hon. Member for Rayleigh referred is not contradictory. It states:
“We question whether £1,000 is a sufficiently low threshold to avoid costs for business.”
I tend to agree broadly with the hon. Gentleman. The amendment is an extraordinary amendment, albeit a probing amendment. It seems to be based on a submission by the Law Society, which said that, if anything, it should be a higher threshold, whereas the hon. Member for Falmouth and Camborne, in her albeit probing amendment, wants to get rid of the threshold. That seems an extraordinary reaction to the brief, which she prays in aid. She has completely misread it.