Results 81–100 of 4683 for speaker:Mr Jack Diamond

Oral Answers to Questions — National Finance: Income Tax (Schedule D) (17 Feb 1970)

Mr Jack Diamond: I am satisfied that the present practice is right, but I will gladly look at any case in which difficulties have arisen.

Oral Answers to Questions — National Finance: Income Tax (Schedule D) (17 Feb 1970)

Mr Jack Diamond: No, Sir, that is not the case. These early assessments are not made where it is thought that, without making them, an assessment would arise in time for tax to be collected. We in this House put on the Revenue the responsibility of collecting the tax, and the assessments have to be made sufficiently in advance of that.

Oral Answers to Questions — National Finance: Investment Grants (17 Feb 1970)

Mr Jack Diamond: The true comparison is between the present system of investment grants and the associated capital allowances and the whole of the previous system of capital allowances, including investment allowances, and Local Employment Act grants. It is expected that over a period, the present system will cost much the same as the previous system would have cost had it continued.

Oral Answers to Questions — National Finance: Investment Grants (17 Feb 1970)

Mr Jack Diamond: My hon. Friend is right to draw attention to one of the advantages of the present system. Of course, he and I would share fully the view that a further advantage is the effect on the development areas.

Oral Answers to Questions — National Finance: Investment Grants (17 Feb 1970)

Mr Jack Diamond: The system is already under review all the time, but it is almost impossible to identify the particular causes of particular variations in investment rates.

Orders of the Day — Public Expenditure (White Paper) (22 Jan 1970)

Mr Jack Diamond: I am grateful to the hon. Member for Worcester (Mr. Peter Walker) for his gracious remarks, as I am to other right hon. and hon. Gentlemen who have referred to my continuing interest in this topic of public expenditure. I am glad that the hon. Gentleman has raised a number of important topics. I thought that he would be likely to raise them, and my hon. Friend the Minister of State will reply...

Orders of the Day — Public Expenditure (White Paper) (22 Jan 1970)

Mr Jack Diamond: It does not rule out charges. The interesting question is not what we charge but the method by which we charge. The hon. Gentleman is really asking: should the individual pay as the consumer of the service or as a member of the community? We have established our policy in these various spheres. We do not close our minds completely to possible extensions where it may be thought fit and...

Orders of the Day — Public Expenditure (White Paper) (22 Jan 1970)

Mr Jack Diamond: I should be glad to do so, because the hon. Gentleman knows that this is a level of expenditure which has increased considerably. I have dealt with two main broad categories. Within one of them we have this expenditure, which has gone up considerably, but which I think—and I hope that the hon. Gentleman thinks so, too; it would be extraordinary, coming from where he does, if he does...

Orders of the Day — Public Expenditure (White Paper) (22 Jan 1970)

Mr Jack Diamond: The way to avoid arguments about figures is to have the figures in front of one. The advantage of a White Paper of this size—83 pages—is that it gives every figure which one can reasonably ask for—[An HON. MEMBER: "Many figures."] It gives so many that I am surprised that we have not been criticised for publishing a paper too long to be readily digested. As every hon. Member knows, if...

Orders of the Day — Public Expenditure (White Paper) (22 Jan 1970)

Mr Jack Diamond: I was not aware that anyone had said anything different. The hon. Gentleman was asking me about a proportion of G.N.P. On the question of the growth—I have never said anything to the contrary—my case is that we did what we needed to do. I have demonstrated that. In certain years, public expenditure grew faster than G.N.P. and in other years slower, but what I do not admit or accept is...

Oral Answers to Questions — National Finance: Selective Employment Tax (20 Jan 1970)

Mr Jack Diamond: Yes, Sir. My right hon. Friend received Professor Reddaway's initial report, which deals with the distributive trades, on 12th January. The report will be published as soon as possible. The Chancellor will review the tax and its working carefully in the light of the findings. My right hon. Friend and I should like to take this opportunity of thanking Professor Reddaway and his staff for the...

Oral Answers to Questions — National Finance: Selective Employment Tax (20 Jan 1970)

Mr Jack Diamond: I am grateful for the hon. Gentleman's remarks. I assure him that there will be a sufficient number of copies placed in the Library so that all hon. Members may have access to the document.

Oral Answers to Questions — National Finance: Selective Employment Tax (20 Jan 1970)

Mr Jack Diamond: Whether my hon. Friend's analysis is completely persuasive is a matter for consideration, but certainly he will not expect me to give any indication of what my right hon. Friend may care to do in his Budget.

Oral Answers to Questions — National Finance: Selective Employment Tax (20 Jan 1970)

Mr Jack Diamond: With permission, I will circulate in the OFFICIAL REPORT a list of employers' organisations and trade unions which have made representations to us since the last Budget asking for the abolition of the tax. Most of them were concerned about the position of small businesses. In our replies we emphasised the disadvantages of the practical alternatives to S.E.T.

Oral Answers to Questions — National Finance: Selective Employment Tax (20 Jan 1970)

Mr Jack Diamond: I am prepared to con sider anything my hon. Friend cares to put before me.

Oral Answers to Questions — National Finance: Gross National Product (20 Jan 1970)

Mr Jack Diamond: From 1964 to 1967, the latest year for which figures are available from O.E.C.D., all of the countries listed by the hon. Member showed a faster rise than the United Kingdom in gross national product at constant market prices. The same was true for the period 1958–64.

Oral Answers to Questions — National Finance: Gross National Product (20 Jan 1970)

Mr Jack Diamond: My right hon. Friend attaches a great deal of importance to that and also to the level of income enjoyed in the various countries. The hon. Gentleman will be interested to know that the income per head of population in that year in the United Kingdom was greater than that in Japan, Austria, Greece, Ireland, Italy, the Netherlands, Portugal and Turkey, was broadly similar to that in Germany...

Oral Answers to Questions — National Finance: Gross National Product (20 Jan 1970)

Mr Jack Diamond: The list which my hon. and learned Friend has given to me is an interesting one. Were I able to ask a question—I am entitled only to answer questions—I would ask him to what he was referring.

Oral Answers to Questions — National Finance: Revenue Surplus (20 Jan 1970)

Mr Jack Diamond: I would refer the hon. Member to Table 1·2 in "Public Expenditure, 1968–69 to 1973–74" (Cmnd. 4234) which shows the latest estimate of the total balance for 1969–70, a surplus of £542 million.

Oral Answers to Questions — National Finance: Revenue Surplus (20 Jan 1970)

Mr Jack Diamond: I would be misleading the House if I did not draw attention to the fact that the main reason for the addition to the surplus arises from the extra import deposits, which indeed account for more than £200 million of the increase to which I have referred.


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