New Clause 8 — Report on the additional rate of income tax

Part of Finance Bill (Ways and Means) – in the House of Commons at 3:45 pm on 1 July 2013.

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Photo of Cathy Jamieson Cathy Jamieson Shadow Minister (Treasury) 3:45, 1 July 2013

I am glad that the hon. Gentleman recognises the points that I have made. He will, of course, be aware of some of the discussion that took place in Committee on the Finance Bill and the Financial Services (Banking Reform) Bill. It is unfortunate that the Government chose not to accept our amendments to those Bills, and so far we have not seen legislation to enact the change that he mentions. I look forward with interest to further debates on that subject at a later date.