Clause 2 - Functions of board

Part of Tax Credits Bill – in a Public Bill Committee at 11:30 am on 15 January 2002.

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Photo of Mr Howard Flight Mr Howard Flight Conservative, Arundel and South Downs 11:30, 15 January 2002

I wish to respond to the point made by my hon. Friend the Member for Fareham, and to get to the heart of the issue. The overlap between those receiving benefits and those paying tax is not a good one. That is why reducing the tax paid is a problem. The Minister will find that the overlap is, at most, 40 per cent. in aggregate. The intellectual argument can be made that 40 per cent. is a refund of tax, but 60 per cent. is not.