Clause 66 — VAT: refunds to certain charities

Part of Bill Presented – in the House of Commons at 3:00 pm on 25th March 2015.

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Photo of Charlie Elphicke Charlie Elphicke Conservative, Dover 3:00 pm, 25th March 2015

On the subject of deficit reduction, does my hon. Friend recall a report from the IFS a little while ago that said that Labour’s plans would have resulted in about £200 billion more borrowing if the Labour Government had continued, given the change in circumstances? Does that not show that there is a massive black hole at the heart of Labour Members’ current plans that would be made worse by the out-of-the-blue, panicky pledges on tax that they are suddenly making on the hoof on the news after pressure at today’s Prime Minister’s questions?