<p>Group 2: Tax Rates and Bands (Amendments 38, 39, 33, 40, 41, 42)</p>

Part of 11. 9. Debate: Stage 3 of the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill – in the Senedd at 4:22 pm on 28 March 2017.

Alert me about debates like this

Photo of Nick Ramsay Nick Ramsay Conservative 4:22, 28 March 2017

I'm more than happy to support the lead Amendment in this group, as moved by Mark Reckless. This lead amendment was the subject, as Mark said, of much discussion at Stage 2, and Welsh Conservatives are happy to support it. I believe it is sensible to get the Welsh Government's proposals for tax bands on the face of the Bill. It does happen in other places; there's no reason why we couldn't set that precedent here and provide the type of clarity and certainty for practitioners and for stakeholders that they need in any time when you have a transition from one tax regime to another. We know that the Welsh Government believes in the maxim of consistency; that's been set out by the Cabinet Secretary and, indeed, by his predecessor, the current leader of the house. So, in order to aid that transition from the UK system to the Welsh system, having as much information as possible upfront, on the face of the Bill, or however you want to do it, we do think would be beneficial.

Now, that said, I know that the Welsh Government are uneasy about doing this. Perhaps they feel that it ties their hands at too early a point. So, I do wait to see what the Cabinet Secretary has to say in terms of dealing with this issue, and, if a compromise will be that, at a certain set date before this tax, the LTT tax, comes into force in Wales—if at some date we can have certainty of knowing what the tax rates will be then I think that that will be a compromise. But it will be a compromise in the absence of a better way of doing things, and I think we do, as an Assembly, and as we’ve done with Finance Committee, need to have a discussion about exactly how we do proceed with fiscal policy in this place as the devolution of taxes and fiscal powers happens, and a finance Bill at some point in the future would be a model that I think we should look at as a better way of going forward and giving that certainty that people need. But I'm more than happy to support Mark Reckless's amendment.

The subsequent amendment from myself in this group is linked to it, and moves on further from that, whereby we will—. When I find my page—. The amendment provides a transitional arrangement to provide certainty for the property market, and our amendment specifically is linked to the way that rates by the Scottish Government have been set. So, I’m happy to support this.

this place

The House of Commons.

Cabinet

The cabinet is the group of twenty or so (and no more than 22) senior government ministers who are responsible for running the departments of state and deciding government policy.

It is chaired by the prime minister.

The cabinet is bound by collective responsibility, which means that all its members must abide by and defend the decisions it takes, despite any private doubts that they might have.

Cabinet ministers are appointed by the prime minister and chosen from MPs or peers of the governing party.

However, during periods of national emergency, or when no single party gains a large enough majority to govern alone, coalition governments have been formed with cabinets containing members from more than one political party.

War cabinets have sometimes been formed with a much smaller membership than the full cabinet.

From time to time the prime minister will reorganise the cabinet in order to bring in new members, or to move existing members around. This reorganisation is known as a cabinet re-shuffle.

The cabinet normally meets once a week in the cabinet room at Downing Street.

amendment

As a bill passes through Parliament, MPs and peers may suggest amendments - or changes - which they believe will improve the quality of the legislation.

Many hundreds of amendments are proposed by members to major bills as they pass through committee stage, report stage and third reading in both Houses of Parliament.

In the end only a handful of amendments will be incorporated into any bill.

The Speaker - or the chairman in the case of standing committees - has the power to select which amendments should be debated.

Conservatives

The Conservatives are a centre-right political party in the UK, founded in the 1830s. They are also known as the Tory party.

With a lower-case ‘c’, ‘conservative’ is an adjective which implies a dislike of change, and a preference for traditional values.