Offshore Receipts in Respect of Intangible Property

Part of Finance (No. 3) Bill – in the House of Commons at 4:30 pm on 20th November 2018.

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Photo of James Cartlidge James Cartlidge Conservative, South Suffolk 4:30 pm, 20th November 2018

The hon. Lady will be sighing a bit more when I point this one out. It is very kind of her to give way. She said that the tax take has not gone up because of the rate cut, and she is absolutely right: above all, the reason the tax take has gone up is that the economy has been growing very strongly.