Orders of the Day — Finance Bill

Part of the debate – in the House of Commons at 8:38 pm on 30th April 2002.

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Photo of Mark Hoban Mark Hoban Conservative, Fareham 8:38 pm, 30th April 2002

I am sorry. It will be amended in the Bill. Interestingly, when the relief was initially suggested in 1997, the estimated cost was some £20 million over two years. Remarkably, the saving to the taxpayer from the restriction of the relief is £500 million over two years. That shows how reliefs can be manipulated.