Results 12121–12140 of 12270 for speaker:Philip Hammond

Orders of the Day — Finance (No. 2) Bill: Repayment of Dividend Tax Credit to Non-Taxpayers (30 Jun 1998)

Philip Hammond: I add my congratulations to my hon. Friend the Member for Bognor Regis and Littlehampton (Mr. Gibb) and to Age Concern on raising public awareness of this issue. It will affect large numbers of relatively poor pensioners from next April, and many of them were not aware of it until the press coverage that accompanied my hon. Friend's campaign in Committee. The Paymaster General was clearly...

Orders of the Day — Finance (No. 2) Bill: Repayment of Dividend Tax Credit to Non-Taxpayers (30 Jun 1998)

Philip Hammond: The point that my hon. Friends and I would like to emphasise is that the measure discriminates against the poorest members of our society. In Committee, Labour Members, failing to understand the concerns raised by Conservative Members, attempted to paint this as some kind of fat-cats charter, but, by definition, the measure affects only those who are too poor to pay income tax. I cannot...

Oral Answers to Questions — Health: National Institute for Clinical Excellence (30 Jun 1998)

Philip Hammond: The Conservative party welcomes the pursuit of clinical excellence, but the Secretary of State has said that the function of the national institute for clinical excellence will be to give a strong lead on clinical and cost effectiveness. Is it not inevitable that NICE will become part of the rationing mechanism, ruling out the use of certain drugs, treatments and procedures within the NHS?...

Oral Answers to Questions — Wales: Hospital Waiting Lists (24 Jun 1998)

Philip Hammond: When he expects hospital waiting lists in Wales to start falling; and when he expects them to fall to the level of 1 May 1997. [45904]

Oral Answers to Questions — Wales: Hospital Waiting Lists (24 Jun 1998)

Philip Hammond: That would be fine if the Government's early pledge had been only to allow waiting lists to continue to rise for two years. However, I accept what the Minister tells us, and I am grateful for it. If he fails to deliver on the pledge to reduce waiting lists to the May 1997 level by the end of April 1999, who will be responsible? Will he follow the lead of his right hon. Friend the Secretary of...

Small Businesses (19 Jun 1998)

Philip Hammond: Any discussion on the Government's policies on small business must analyse the gap between rhetoric and reality. As in the sectors of health care, education and the environment, in opposition the Labour party said on small business what it thought the people wanted to hear. Time and again, we hear from the Government the language of support for small business, but that language is betrayed by...

Small Businesses (19 Jun 1998)

Philip Hammond: I shall return to that point in a moment. The scenario that I have outlined will take effect after 10 years. In the interim period, the position is even worse, because the Government, while phasing out retirement relief over five years, have decided to phase in over 10 years the taper relief that replaces it. Entrepreneurs who are now in their late 50s or early 60s who are expecting to...

Small Businesses (19 Jun 1998)

Philip Hammond: I am giving way to the hon. Member for South Thanet.

Small Businesses (19 Jun 1998)

Philip Hammond: I apologise.

Small Businesses (19 Jun 1998)

Philip Hammond: Unfortunately, the hon. Gentleman does not have a good grasp of our taxation system. If the business in question is a company, corporation tax is paid on the profits. If the business is a sole tradership or a partnership, income tax is paid on the profits. Whether the money is taken out or reinvested in the business, income tax or corporation tax has already been paid on it. I am coming to a...

Small Businesses (19 Jun 1998)

Philip Hammond: The hon. Gentleman has told us a great deal about his views and the views of his party on the structures, the support mechanisms, the quangos and the committees that should encourage and help people to set up in small business. Has he anything to say about the burdens that the Government have been piling on to small business—the minimum wage, the social chapter, interest rates and the...

Small Businesses (19 Jun 1998)

Philip Hammond: Does the hon. Lady recall that, before the general election, the Labour transport spokesman described the previous Government's plans to widen the M25 in my constituency as lunacy and madness? Does she think it surprising that, 14 months on, the Government have been unable to reach a decision on whether to go ahead with that scheme or drop it?

Small Businesses (19 Jun 1998)

Philip Hammond: Does the hon. Lady happen to have the figures for the number of small businesses that were created per minute during that same premiership?

Small Businesses (19 Jun 1998)

Philip Hammond: Does the hon. Gentleman accept that there are far greater opportunities for venture capital in this country than there are in most continental European partner countries?

Small Businesses (19 Jun 1998)

Philip Hammond: The Minister has referred to the prevalence of self-employed one-man businesses in the building sector. Does she accept that the imposition of a £30,000 threshold by the Inland Revenue for the issue of a 714 certificate will effectively stamp out the one-man band in the construction industry?

Small Businesses (19 Jun 1998)

Philip Hammond: Will the hon. Lady confirm that, in agreeing with her right hon. Friend the President of the Board of Trade, she is disagreeing with the chairman of the Low Pay Commission, Professor Bain, who said categorically that the introduction of a national minimum wage would cost some jobs?

Small Businesses (19 Jun 1998)

Philip Hammond: How does the hon. Lady square the expansion of the opportunities for business angels with the measures in the Finance Bill that further restrict the ability to offset losses in shares in close companies against other income, thus making it less attractive for private individuals to invest in small businesses?

National Minimum Wage (18 Jun 1998)

Philip Hammond: The right hon. Lady is not the only person to have had to eat a good portion of humble pie in these proceedings. The Minister of State, Department of Trade and Industry, the hon. Member for Makerfield (Mr. McCartney), launched a scathing attack on Conservative Members in Committee when we suggested that tips should be taken into account in calculating whether the minimum wage had been paid....

Business of the House (11 Jun 1998)

Philip Hammond: Is the right hon. Lady aware of the damning report by Sir Herbert Laming on the crisis in child protection in the Labour-controlled London borough of Ealing, which is to be published by the Department of Health this evening? It says that in Ealing children in public care and on the child protection register cannot be considered to be adequately safeguarded. Is she further aware that the...

Clause 27: Married Couple's Allowance etc. in and After 1999-2000 (29 Apr 1998)

Philip Hammond: I am listening carefully to my hon. Friend, and I agree with much of what he says. Does he agree that the linkage to increases in child benefit is purely bogus? Does he further agree that the Treasury routinely resists hypothecation of taxes but, when it is convenient, the Government put up a smokescreen by the bogus linking of an unpopular tax increase that is contrary to their manifesto...


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