Results 21–40 of 447 for speaker:Abena Oppong-Asare

Public Bill Committee: Finance (No. 2) Bill: Clause 74 - Reference documents: amount of import duty (5 Jan 2022)

Abena Oppong-Asare: This relatively minor change allows technical updates to the tariff schedule to be made by public notice rather than secondary legislation. Given that there are safeguards to ensure that substantive changes, such as varying the rate of import duty, continue to be made by regulation and are therefore subject to parliamentary oversight, we do not oppose the clause.

Public Bill Committee: Finance (No. 2) Bill: Clause 75 - Restriction of use of rebated diesel and biofuels (5 Jan 2022)

Abena Oppong-Asare: I thank the Minister for her explanation of the clause, which introduces technical amendments to the changes introduced to restrict the entitlement to use rebated fuel, more commonly known as red diesel. We discussed the substance of that change in Committee on the last Finance Bill. As I said then, we support the intention behind the Government’s measure. There is a clear need to ensure...

Public Bill Committee: Finance (No. 2) Bill: Clause 76 - Rates of tobacco products duty (5 Jan 2022)

Abena Oppong-Asare: As the Minister set out, the clause raises the duty on tobacco products, in line with the duty escalator, by RPI plus 2% for cigarettes and RPI plus 6% for hand-rolling tobacco. The minimum excise tax has been increased. We do not oppose those increases, but I will take this opportunity to make a couple of wider points about action to prevent smoking and the Treasury’s role in it. Action on...

Public Bill Committee: Finance (No. 2) Bill: Clause 67 - Securitisation companies and qualifying transformer vehicles (5 Jan 2022)

Abena Oppong-Asare: I thank the Minister for taking the time to explain that. It would be helpful if she could also explain what measures were put in place to allow Parliament to scrutinise these changes. I am sure that she would agree that it is important that Parliament should be able to scrutinise these changes properly; if she could list what steps have been put in place, that would be extremely helpful. On...

Public Bill Committee: Finance (No. 2) Bill: Clause 72 - Identifying where the risk is situated (5 Jan 2022)

Abena Oppong-Asare: I thank the Minister for her explanation of clause 72; it does seem like a straightforward clause that simply moves the criteria for determining where the risk is located into primary legislation. The Chartered Institute of Taxation has stated that the legislation does meet its stated objectives. For that reason, we do not oppose the clause. I note that there has been wider consultation on...

Public Bill Committee: Finance (No. 2) Bill: Clause 73 - Transitioned trade remedies: decisions by Secretary of State (5 Jan 2022)

Abena Oppong-Asare: This important clause relates to trade remedies. As we have heard, it allows Ministers to override the powers of the Trade Remedies Authority in order to maintain safeguard tariffs on cheap imports that unfairly undermine UK industry. The clause’s introduction was prompted by the row over the TRA’s proposals to get rid of tariffs on cheap steel imports. In June last year, the TRA...

Public Bill Committee: Finance (No. 2) Bill: Clause 67 - Securitisation companies and qualifying transformer vehicles (5 Jan 2022)

Abena Oppong-Asare: I am delighted to serve under your chairship, Dame Angela. Happy new year, everyone. As we heard from the Minister, clause 67 relates to stamp duty on securities and related instruments. We do not oppose efforts to increase the efficiency and flexibility of this sector, but we wish to see appropriate safeguards to ensure that these changes do not increase the risk of stamp duty evasion and,...

Public Bill Committee: Finance (No. 2) Bill: Clause 30 (14 Dec 2021)

Abena Oppong-Asare: Clause 30 concerns deductions allowance in connection with onerous or impaired leases. The clause amends sections of the Corporation Tax Act 2010 to ensure that the legislation continues to work as intended. It does so by continuing to provide an exemption from the loss reform rules for companies in connection with onerous or impaired leases in specific circumstances. As the Minister said,...

Public Bill Committee: Finance (No. 2) Bill: Clause 31 - Provision in connection with the Dormant Assets Act 2022Clause 31 (14 Dec 2021)

Abena Oppong-Asare: As we have heard, clause 31 and schedule 6 concern the Dormant Assets Bill. The changes broadly ensure that individuals remain in the same position for tax purposes as they would have done had the assets not been transferred into the dormant assets scheme. Overall, we do not oppose the measure, but we are aware that the Chartered Institute of Taxation has concerns about the availability of...

Public Bill Committee: Finance (No. 2) Bill: Clause 25 - Tonnage tax (14 Dec 2021)

Abena Oppong-Asare: I thank the Minister for her explanations. Has an assessment been made of whether anyone profited as a result of the Chancellor’s premature announcement to the press? Has any assessment been carried out?

Public Bill Committee: Finance (No. 2) Bill: Clause 26 - Amendments of section 259GB of TIOPA 2010 (14 Dec 2021)

Abena Oppong-Asare: The Minister clarified what the clause does. We do not oppose the clause.

Public Bill Committee: Finance (No. 2) Bill: Clause 29 - Insurance contracts: change in accounting standards (14 Dec 2021)

Abena Oppong-Asare: As we have heard, clause 29 sits alongside schedule 5 and refers to insurance contracts and changes in accounting standards. As the Minister has mentioned, the clause has an enabling power that will allow the Government to make provisions in secondary legislation in connection with international financial reporting standard 17, and to revoke the requirement for all life insurance companies to...

Public Bill Committee: Finance (No. 2) Bill: Returns for disposals of UK land etc (14 Dec 2021)

Abena Oppong-Asare: It is a pleasure to serve under your chairship, Sir Christopher. I want to say for the record that I believe Erith and Thamesmead is the best constituency. As the Minister has described, clause 23 relates to returns for the disposal of UK land. It extends the time limit for payment on property disposal from 30 days to 60 days, as well as clarifying the rules for mixed-use properties. As the...

Public Bill Committee: Finance (No. 2) Bill: Clause 24 - Cross-border group relief (14 Dec 2021)

Abena Oppong-Asare: As we have heard, clause 24 concerns cross-border group relief and is accompanied by schedule 4. The clause and schedule repeal legislation that provides for group relief for losses incurred outside the UK and amend legislation that provides for group relief for losses incurred in the UK permanent establishment of an EEA resident company. Following the UK’s exit from the EU, the Government...

Public Bill Committee: Finance (No. 2) Bill: Clause 25 - Tonnage tax (14 Dec 2021)

Abena Oppong-Asare: I thank the Minister for her explanation of clause 25, which makes amendments to the tonnage tax regime. Tonnage tax is a special elective corporation tax regime open to operators of qualifying ships that fulfil certain conditions. The amendments will have effect from 1 April next year. At the autumn Budget in 2021, the Government announced that they would introduce a package of measures to...

Written Answers — Department for Digital, Culture, Media and Sport: Sanitary Protection: VAT (14 Dec 2021)

Abena Oppong-Asare: To ask the Secretary of State for Digital, Culture, Media and Sport, whether organisations that have received funding from the Tampon Tax Fund will continue to receive Government funding after the end of the fund.

Written Answers — Department for Transport: Transport: Thamesmead (9 Dec 2021)

Abena Oppong-Asare: To ask the Secretary of State for Transport, what assessment he has made of the future transport capacity required in Thamesmead in order to support planned housing developments.

Written Answers — Department for Transport: Docklands Light Railway: Thamesmead (9 Dec 2021)

Abena Oppong-Asare: To ask the Secretary of State for Transport, what discussions his Department has had with Transport for London on extending the potential merits of extending the Docklands Light Railway to Thamesmead.

Written Answers — Department for Transport: Docklands Light Railway: Thamesmead (9 Dec 2021)

Abena Oppong-Asare: To ask the Secretary of State for Transport, what assessment he has made of the potential merits of extending the Docklands Light Railway to Thamesmead.

Home Department: Topical Questions (22 Nov 2021)

Abena Oppong-Asare: Sistah Space supports black women and girls who have experienced domestic violence. It is campaigning for Valerie’s law, which would introduce mandatory training for police and other agencies, including on dealing with domestic violence in black communities. Will the Minister meet me and Sistah Space to discuss this important issue before the upcoming petitions debate?


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