Did you mean tax credit?
Lord O'Neill of Gatley: ...to respond to the developments in the real economy. This will require a supreme national effort. Here are the five steps we should now take. First, we need to look to support demand and make sure credit flows freely in our economy. The governor said on Friday that, “some monetary policy easing will likely be required over the summer”. Thanks to the reforms that I have introduced, the...
George Osborne: ..., they have shown no signs of disorder. We must now respond to developments in the real economy, which will require a supreme national effort. First, we must look to support demand and ensure that credit flows freely in our economy. The Governor of the Bank of England said on Friday that “some monetary policy easing will likely be required over the summer”. Thanks to the reforms that I...
Frank Field: To ask the Secretary of State for Work and Pensions, how many people transferred from working tax credit to (a) jobseeker's allowance and (b) employment and support allowance in each of the last 12 months for which figures are available.
Transfer pricing adjustments in respect of loans and derivatives are already given effect by sections 446 and 693 of the Corporation Tax Act 2009 respectively. That includes a situation in which deductions are decreased. This point was considered and confirmed by the tax tribunal last year, in the case of Abbey National Treasury Services plc v. Her Majesty’s Revenue and Customs. It is...
Baroness Hayter of Kentish Town: No, but he has good stories. I thank the noble Lord, Lord Fairfax, for at least the subject of this debate, although his contribution did not bring much credit to the House. I regret that he did not notify people who would be affected by it. Let us name one of them, because we know who we are talking about it: the idea that anyone does not know that my noble friend Lord Kinnock was a...
Abolition of dividend tax credits etc
David Gauke: Clause 5 and schedule 1 make changes to the taxation of dividends by abolishing the dividend tax credit and introducing a new £5,000 tax-free dividend allowance. They will also set the tax rates charged on dividend income above the dividend allowance at 7.5% for dividend income within the basic rate band, 32.5% for dividend income within the higher rate band, and 38.1% for dividend income...
Kevin Hollinrake: ...are the Swiss banks. Despite Switzerland’s being part of the European economic area, it cannot trade directly with the EU, so it has to base subsidiaries within the EU. Happily, firms such as Credit Suisse and UBS put them in London, as do US banks such as Goldman Sachs, J.P. Morgan and the like. That is why the head of TheCityUK said that the move could cost up to 100,000 jobs in the...
Adam Price: ...1, the prosperity gap got bigger. What Wales needs, surely, is not the equivalent level of regional aid, but more. A Marshall plan for the Welsh economy—not just additional funds, but new tax powers that could give Wales a competitive advantage in the new economic landscape. Now that the European Court of Justice Azores ruling on tax competition is no longer set to apply, will he be...
Jeremy Corbyn: ...in poverty are living in households where at least one adult is in work. The Prime Minister has two months left. Will he leave a one-nation legacy that includes the scrapping of the bedroom tax, banning zero-hours contracts, and cancelling cuts to universal credit?
Justin Madders: To ask the Secretary of State for Transport, how much his Department has received in credit card fees from people renewing vehicle tax online in the years (a) 2013-14, (b) 2014-15 and (c) 2015-16.
Fiona Mactaggart: To ask Mr Chancellor of the Exchequer, how many tax credit cases which have been processed by Concentrix have involved single parents; and if he will make a statement.
Pauline McNeill: ...not support the Tory amendment, as Daniel Johnson and others have said, because we support the real living wage and not the one that was manufactured by George Osborne to undermine working family tax credits. In my union career, I never met a Tory who supported either the minimum wage or the living wage, but the Tories are conveniently supporting them now. I therefore cannot support the...
Rob Marris: ...clause 42. I will not press amendment 21 to a Division because it has not been selected, but I will be inviting all Members, particularly in the Opposition, to vote against clause 42 on corporation tax. Clause 41 is effectively a technical change. I appreciate that it is on corporation tax and it goes with clause 42, but I think it need not detain the House now. On the abolition of vaccine...
Paul Givan: ...the loss of carer payments; £25 million for the benefit cap; £24 million for the time-limiting of employment and support allowance; £91 million for the social sector size criteria, or bedroom tax; £105 million for the cost of work allowance; £62 million for discretionary support; £25 million for universal credit payment flexibilities; £7 million for the administration of support for...
...46D was required. Partnership returns to which this paragraph applies 46D (1) This paragraph applies in relation to a partnership return if— (a) that return has been made on the basis that a tax advantage arises to a partner from any arrangements, and (b) that person has incurred, in relation to that tax advantage and those arrangements, a relevant defeat by virtue of Condition A (final...
Paul Givan: ...the amount of the new state pension, they will be entitled to an additional amount known as a protected payment. Article 2 of the order ensures that, where a person is awarded National Insurance credits after April 2016 in respect of a period of parental or caring responsibility falling before that date, those credits can be included in the calculation of the person's starting amount....
Sajid Javid: ...UK the best place in Europe to innovate, to patent new ideas and to grow new businesses. That is why we are creating a supportive business environment—for example, with research and development tax credits and through Innovate UK.
Willie Rennie: ...? Gone. A single market? Gone. Improved social conditions? Gone. All those, and so many other things, are gone. We are already seeing the effect on the value of the pound, on company shares and on credit ratings. I am angry that we have been recklessly led down that path. I am angry that prices in shops will rise because of the higher cost of imports, that people’s savings are falling in...
Kelvin Hopkins: ...of nonsense has continued ever since—reducing the number of offices, making things more remote and so on. I was also not terribly impressed by the idea of having a benefits-distributing service—tax credits—going through HMRC rather than through the Department for Work and Pensions. I was not the only Opposition Member who was uneasy about that change. I want to discuss new clause 3...