– in the House of Commons at 12:37 pm on 22 November 2017.
Motion made, and Question put forthwith (
That, pursuant to section 5 of the Provisional Collection of Taxes Act 1968, provisional statutory effect shall be given to the following motions:—
(a) Stamp duty land tax (higher rates for additional dwellings) (motion no. 35.)
(b) Stamp duty land tax (relief for first-time buyers) (motion no. 36.)
(c) Tobacco products duty: rates (motion no. 40.).—(Mr Philip Hammond.)
Question agreed to.
Lindsay Hoyle
Chair, Panel of Chairs, Deputy Speaker and Chairman of Ways and Means, Chair, Standing Orders Committee, Chair, Panel of Chairs, Chair, Standing Orders Committee
I now call upon the Chancellor of the exchequer to move the motion entitled “Income tax (charge)”. It is on this motion that the debate will take place today and on succeeding days. The questions on this motion and on the remaining motions will be put at the end of the Budget debate on Tuesday
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
