Basic rate limit and personal allowance

Part of Finance (No. 3) Bill – in the House of Commons at 5:00 pm on 19th November 2018.

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Photo of Julian Knight Julian Knight Conservative, Solihull 5:00 pm, 19th November 2018

My hon. Friend answered the hon. Lady’s intervention better than I did, so I do welcome what he said.

Let me sum up. In its treatment of tax thresholds and stamp duty, the Bill lays out a fairer tax system. It is a tax system predicated on a better society, and it is a system where people who can pay have to pay their fair share, but where that is achieved without being punitive and without, frankly, trying to put dogma over the reality of the situation.