Clause 5 — Power to repeal high income excess relief charge

Part of Bill Presented — Superannuation Bill – in the House of Commons at 3:45 pm on 15th July 2010.

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Photo of Chris Leslie Chris Leslie Labour, Nottingham East 3:45 pm, 15th July 2010

My hon. Friend is making several important points. The clause appears to reinstate an enormous tax relief capability for the wealthiest, yet the Economic Secretary guffaws at questions from Labour Members about taking it away. Surely the Treasury should clarify the position.

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