Results 61–80 of 1120 for speaker:Mr John Townend

Orders of the Day — Finance Bill: Works of Art, Antiques, etc. ( 5 Jul 1999)

Mr John Townend: I do not know whether I heard the Paymaster General correctly, but I got the impression that she said that the 5 per cent. rate was not continuous but for a limited period. If that is so, will she tell us how long that period is and what the rate is likely to increase to? The Paymaster General surprisingly said that the decision to double the VAT rate was welcomed by the art trade in this...

Orders of the Day — Finance Bill: Works of Art, Antiques, etc. ( 5 Jul 1999)

Mr John Townend: The Paymaster General said that the art market has said that the reductions on ceramics and tapestries—which are minor parts of the market compared with painting—will allow it to remain competitive. Who exactly has said that?

Finance Bill [Ways and Means]: Works of Art, Antiques, etc. ( 5 Jul 1999)

Mr John Townend: Will the Paymaster General confirm that it should always be a principle of Ways and Means resolutions that tax increases are to increase revenue? In the resolution before us, tax is being doubled. Does she agree, however, that there is no possibility of the revenue doubling? I suggest to her that the proposals could, as my hon. Friend the Member for Guildford (Mr. St. Aubyn) has said, reduce...

Business of the House (26 May 1999)

Mr John Townend: Now that the right hon. Lady has changed the business, will she please Ruth Pickles, one of my constituents from Upper Cranswick, by providing time for a debate on the strategic exports White Paper?

Orders of the Day — Budget Resolutions and Economic Situation (10 Mar 1999)

Mr John Townend: Will the hon. Lady accept that the Conservative party has changed its policy? [Laughter.] How can she laugh when new Labour has changed all the policies of old Labour? It is no longer in favour of nationalisation and wants to privatise; it now supports business and enterprise. It has changed its policy. Will she not accept that we have changed ours?

Orders of the Day — Budget Resolutions and Economic Situation (10 Mar 1999)

Mr John Townend: By how much?

Orders of the Day — Budget Resolutions and Economic Situation (10 Mar 1999)

Mr John Townend: Will the Minister tell the House how much the average taxpayer will save with the l0p rate, given that the Government have done away with the 20p rate? According to my calculations, the £150 saving comes down to £60.

Orders of the Day — Budget Resolutions and Economic Situation (10 Mar 1999)

Mr John Townend: We live and operate in a global economy, and this country is very affected by the world economic situation. I find it strange, therefore, that the subject is dealt with only scantily in the Red Book, which devotes a mere two pages to it. I believe that the Chancellor's forecasts are too optimistic when one considers the possible dangers to the world economy in the year ahead. The danger...

Orders of the Day — Budget Resolutions and Economic Situation (10 Mar 1999)

Mr John Townend: Will the right hon. Gentleman give way?

Orders of the Day — Budget Resolutions and Economic Situation (10 Mar 1999)

Mr John Townend: Will the Secretary of State give way?

Orders of the Day — Budget Resolutions and Economic Situation (10 Mar 1999)

Mr John Townend: Does my right hon. Friend agree that it is not only the manufacturing industry that is at risk? The London art market, which employs 5,000 people, is in danger because of the imposition of lower value added tax and a proposed tax from the European Union. Ministers will not declare that it is a British national industry and use the veto.

Oral Answers to Questions — Small Businesses ( 4 Mar 1999)

Mr John Townend: When I listen to Ministers, I sometimes wonder whether they have any idea of the problems involved in running a small business. I know of those problems from personal experience. Does the Chancellor appreciate that the small tax reductions that he has mentioned will not help businesses on the borderline, some of which have been driven into losses by the burdens imposed on small business?...

Corporation Tax ( 1 Mar 1999)

Mr John Townend: rose—

Corporation Tax ( 1 Mar 1999)

Mr John Townend: Unlike most Labour Members, who have never run even a small corner shop, I have had 35 years' experience of running medium businesses, so I understand the problems of businesses and business men, and I have a slight knowledge of accountancy. I do not have to declare an interest tonight because, regrettably, my companies make less than £1.5 million. I approach the regulations by asking...

Corporation Tax ( 1 Mar 1999)

Mr John Townend: Indeed, I seem to have lost my papers. The Government's answer is that they have reduced corporation tax, but they have reduced it in those years by only £2.8 billion. That leaves £5.2 billion, which the taxpayer has been left to pay, but the proposals really worry me in respect of the administration. As the hon. Member for Weston-super-Mare (Mr. Cotter) said, there will be a considerable...

Corporation Tax ( 1 Mar 1999)

Mr John Townend: In a moment. It is no good saying, "That was the practice before," because before, we were dealing with the previous year's profits so we knew what we were doing. If the hon. Gentleman can justify that, I will be delighted to give way to him.

Corporation Tax ( 1 Mar 1999)

Mr John Townend: Certainly not. Our Government never produced legislation in which taxation was based on estimates. I do not know what the hon. Gentleman did before he was elected to the House, but he clearly—

Corporation Tax ( 1 Mar 1999)

Mr John Townend: I can assure the hon. Gentleman that I have not even had any dinner tonight. Clearly, we have the most perfect business man in the world in the House—he makes projections that are always 100 per cent. right. Of course all the businesses with which I have been involved have had budgets, but how often—at the end of the year, the month or the quarter—did we go to our various managers to...

Corporation Tax ( 1 Mar 1999)

Mr John Townend: It depends on the interest charged. We do not yet know what that will be, do we? Will the Government think seriously again about two matters? First, let us have some morality in the regulations. Let us say, at this late stage, that the interest charged on money paid in excess will be the same as interest charged on money underpaid. Secondly, will the Government look again at the basis of...


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