Clause 32 - Corporation tax starting rate and fraction for financial year 2002

Part of Finance Bill – in a Public Bill Committee at 3:45 pm on 16th May 2002.

Alert me about debates like this

Photo of Rob Marris Rob Marris Labour, Wolverhampton South West 3:45 pm, 16th May 2002

I am confused by this debate, which I think is very important, because the hon. Member for Kingston and Surbiton talked about amounts of up to £2.5 billion. He cited some figures, as did the hon. Member for Fareham. I confess that I was a solicitor before I entered this House in June, not an accountant. I get confused on this debate because I do not quite understand the figures and I have not had the benefit of the briefing from the Institute for Fiscal Studies. For some reason, it did not see fit to send me one.