Impact of provisions of section 5 on child poverty and equality

Part of Finance (No. 3) Bill – in the House of Commons at 3:15 pm on 8th January 2019.

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Photo of Vicky Ford Vicky Ford Conservative, Chelmsford 3:15 pm, 8th January 2019

Perhaps this should be better drafted on the amendment paper, because the Opposition’s explanatory statement clearly refers to the “impact of clause 5”.

I agree that one should always take impacts into consideration, but I strongly believe that the issue raised by the hon. Gentleman of needing to address poverty is best addressed by allowing this Bill to go forward today, especially the elements that involve raising the level at which people start to pay tax, so that they can keep more money in their own pockets. That is fundamental to building a fairer economy, to having a lower gap between those on the highest incomes and those on the lowest incomes, and to encouraging more people in this country to take up the work opportunities available to them under this Conservative Government, with the continuing growth of the economy.