UK Parliament / Open data

Corporation Tax (Northern Ireland) Bill

Debate on bills on Wednesday, 4 March 2015, in the House of Commons, led by David Gauke.
Programme motion (No. 2) on proceedings on consideration and third reading. Agreed to on question. Report stage. Third reading

About these Parliamentary proceedings

Reference

593 cc952-988 

Session

2014-15

Department

Treasury

Legislative stage

Third reading and Report stage

Chamber / Committee

House of Commons chamber

Proceeding contributions

Mark Durkan | 593 c953 (Link to this contribution)

I beg to move amendment 1, page 64, line 30, after “by”, insert—

“(a) an insurance company ...

Lady Hermon | 593 c953 (Link to this contribution)

Will the hon. Gentleman take this opportunity to put on the record the very valuable contribution...


Show all contributions (93)
Mark Durkan | 593 cc953-4 (Link to this contribution)

Those are points that I shall touch on in my remarks, and I am sure that other right hon. and hon...

Ian Jnr Paisley | 593 c954 (Link to this contribution)

Does the hon. Gentleman—indeed my hon. Friend—accept that in addition to that being grossly unfai...

Mark Durkan | 593 c954 (Link to this contribution)

The hon. Gentleman is exactly right. I have to be honest that the slightly left-handed amendment ...

Naomi Long | 593 c954 (Link to this contribution)

It is important to recognise—I think that the hon. Gentleman will agree—that the point of that ex...

Mark Durkan | 593 c954 (Link to this contribution)

I take that point fully. That is why I am so glad that the hon. Member has seconded the amendment...

Lord McCrea of Magherafelt and Cookstown | 593 c955 (Link to this contribution)

I can assure the hon. Gentleman that my right hon. and hon. Friends support his amendment, and I ...

Mark Durkan | 593 c955 (Link to this contribution)

I thank the hon. Gentleman for that support and endorsement and hope that the House will today ac...

Ian Jnr Paisley | 593 c956 (Link to this contribution)

Does that not really take the biscuit when the Progressive is told by the Treasury that only 5% o...

Mark Durkan | 593 c956 (Link to this contribution)

Exactly. I take the hon. Member’s point. There is no known rational basis for it. In circumstance...

Lady Hermon | 593 c956 (Link to this contribution)

I have been watching the Government Front Bench and I know that the Secretary of State for Northe...

Mark Durkan | 593 c956 (Link to this contribution)

I would be absolutely delighted. I would gladly accommodate that intervention, and not just in on...

David Gauke | 593 c956 (Link to this contribution)

Such is the invitation, I cannot refuse. This is a somewhat complex matter. I can assure hon. Mem...

Mark Durkan | 593 c956 (Link to this contribution)

We await with bated breath the Minister’s great revelations and technical epiphanies.

Whate...

Baroness Ritchie of Downpatrick | 593 c956 (Link to this contribution)

Is my hon. Friend aware that the Assembly’s Committee for Enterprise, Trade and Investment, which...

Mark Durkan | 593 c957 (Link to this contribution)

It is indeed the case that the Committee for Enterprise, Trade and Investment, through its chair,...

Gregory Campbell | 593 c957 (Link to this contribution)

The hon. Gentleman alluded to this at the outset, but it might be beneficial to remind the Minist...

Mark Durkan | 593 c957 (Link to this contribution)

I fully take the hon. Gentleman’s point. That was recently made apparent within the precincts of ...

Lord Dodds of Duncairn | 593 cc957-8 (Link to this contribution)

We await the Minister’s more detailed explanation and context setting, but he said in Committee, ...

Mark Durkan | 593 cc958-9 (Link to this contribution)

It was a bit of an enigma to some of us on the Committee. Although we asked the Minister about it...

David Gauke | 593 cc959-961 (Link to this contribution)

As we have heard, the amendment tabled by the hon. Members for Foyle (Mark Durkan) and for Belfas...

Lady Hermon | 593 c961 (Link to this contribution)

Many people save with credit unions in Northern Ireland and the credit unions are assisted valian...

David Gauke | 593 c961 (Link to this contribution)

I can give that reassurance. They will not be affected by the legislation. Credit unions have two...

Lady Hermon | 593 c962 (Link to this contribution)

I am genuinely very grateful to the Financial Secretary. He has categorically assured the House a...

David Gauke | 593 c962 (Link to this contribution)

The first point to make is that there are certain excluded activities. Lending and investment are...

David Gauke | 593 c963 (Link to this contribution)

I will give way one last time if the hon. Gentleman wants me to, or perhaps he wishes to speak on...

Mark Durkan | 593 c963 (Link to this contribution)

Will the Minister indicate whether the powers in proposed new sections 357XH and 357XI of the Cor...

David Gauke | 593 c963 (Link to this contribution)

I return to the point that I have made about the fundamental structure or principles behind the d...

Mark Durkan | 593 cc963-6 (Link to this contribution)

I am disappointed by the tone struck by the Minister, because Members present—from all parties an...

David Gauke | 593 c966 (Link to this contribution)

The Bill is based on the principle of separating trading activities from investment activities, a...

Mark Durkan | 593 cc966-7 (Link to this contribution)

I take that point from the Minister; nevertheless, the provisions in the Bill that I just quoted ...

David Gauke | 593 cc967-8 (Link to this contribution)

I beg to move, That the Bill be now read the Third time.

I would like to start by noting th...

David Rutley | 593 c968 (Link to this contribution)

I thank my hon. Friend for his hard work in taking the Bill through the House. It is important fo...

David Gauke | 593 c969 (Link to this contribution)

My hon. Friend raises an important point. We are in an era when countries are generally reducing ...

Lady Hermon | 593 c969 (Link to this contribution)

In case we are building up false hope, I would be grateful if the Minister made it clear that red...

David Gauke | 593 cc969-970 (Link to this contribution)

The hon. Lady makes an important point, although it is for the Northern Ireland Executive to judg...

John Redwood | 593 c970 (Link to this contribution)

As we have recently seen, a cut in the higher rate of income tax leads to increased revenues—from...

David Gauke | 593 c970 (Link to this contribution)

My right hon. Friend will be aware of the Treasury’s study into the effects of our reductions in ...

Shabana Mahmood | 593 cc970-1 (Link to this contribution)

I would like to associate myself with the Minister’s comments about the quality of our debate thu...

Ian Jnr Paisley | 593 c971 (Link to this contribution)

I welcome the shadow Minister’s comments, but does she accept that much of this is about percepti...

Shabana Mahmood | 593 c971 (Link to this contribution)

The hon. Gentleman is right to say that the perception of business is really important, but he wi...

Shabana Mahmood | 593 c972 (Link to this contribution)

I give way first to the hon. Lady.

Lady Hermon | 593 c972 (Link to this contribution)

I am grateful. I am curious to know what reassurances a future Labour Government would give, if t...

Shabana Mahmood | 593 c972 (Link to this contribution)

I am grateful for the hon. Lady’s intervention, but I am afraid that I am going to disappoint her...

Shabana Mahmood | 593 c972 (Link to this contribution)

I do not want to repeat a lengthy debate on credit unions, but I will give way to the hon. Lady o...

Lady Hermon | 593 c972 (Link to this contribution)

I am extremely grateful, but we need some clarity on this. There is potential for the Labour part...

Shabana Mahmood | 593 c973 (Link to this contribution)

With respect to the hon. Lady, the whole scope of the Northern Ireland regime under the Bill rela...

Baroness Laing of Elderslie | 593 c973 (Link to this contribution)

Order. The amendment has been discussed and withdrawn. We had a lengthy debate on it and we do no...

Shabana Mahmood | 593 c973 (Link to this contribution)

I am grateful, Madam Deputy Speaker, and I will move on to the rest of my remarks.

Shabana Mahmood | 593 cc973-4 (Link to this contribution)

Forgive me, but because of time considerations, I will not.

Let me raise a couple of issues...

Shabana Mahmood | 593 c974 (Link to this contribution)

The right hon. Gentleman is persistent. I will give way to him very briefly.

John Redwood | 593 c974 (Link to this contribution)

When will the Labour party give justice to England? Surely, given the devolution of tax matters t...

Shabana Mahmood | 593 c974 (Link to this contribution)

With respect, responding to the right hon. Gentleman’s intervention would lead me into a much len...

Laurence Robertson | 593 cc974-5 (Link to this contribution)

I congratulate the Minister and the Secretary of State. I also pay tribute to my right hon. Frien...

Lord McCrea of Magherafelt and Cookstown | 593 cc975-6 (Link to this contribution)

Let me begin by thanking the Secretary of State and the Minister of State for the Bill, and thank...

John Redwood | 593 c976 (Link to this contribution)

I assure the hon. Gentleman that many of us have pressed for a measure of this kind for a long ti...

Lord McCrea of Magherafelt and Cookstown | 593 cc976-7 (Link to this contribution)

I thank the right hon. Gentleman for his comments. I certainly believe that we need to be very pr...

Naomi Long | 593 cc977-8 (Link to this contribution)

I do not wish to detain the House for very long. I merely want to put on record my thanks to the ...

Lord Dodds of Duncairn | 593 c978 (Link to this contribution)

On the economic issues and making the most of this devolved corporation tax power, does the hon. ...

Naomi Long | 593 c978 (Link to this contribution)

I am aware of the pressure to want to do that quickly, but it is also important that, as the Exec...

Baroness Ritchie of Downpatrick | 593 c978 (Link to this contribution)

Does the hon. Lady agree that along with having corporation tax as a financial lever, and the nee...

Naomi Long | 593 c979 (Link to this contribution)

I am aware that the hon. Lady has long since advocated such a move, as have I. Unfortunately, the...

Ian Jnr Paisley | 593 c979 (Link to this contribution)

Thank you, Madam Deputy Speaker, for the opportunity to speak in this important debate on corpora...

Ian Jnr Paisley | 593 cc979-981 (Link to this contribution)

Indeed.

Some Members have suggested that the devolution of corporation tax is not a silver ...

Lord Dodds of Duncairn | 593 c981 (Link to this contribution)

Would my hon. Friend acknowledge that, in addition to some people here giving up on devolving the...

Ian Jnr Paisley | 593 c981 (Link to this contribution)

I have to say that I am shocked. My right hon. Friend wants me to start electioneering in the Hou...

Ian Jnr Paisley | 593 c981 (Link to this contribution)

I know that the record is a powerful one. We did not give up on this; we pushed for it. I think t...

Lady Hermon | 593 c982 (Link to this contribution)

The hon. Gentleman will have noted that the Minister made the valid point earlier that the devolu...

Ian Jnr Paisley | 593 c982 (Link to this contribution)

This is not the place to debate all of the Stormont House agreement, but given that we were instr...

Baroness Ritchie of Downpatrick | 593 c982 (Link to this contribution)

Does the hon. Gentleman agree that as part of lowering the level of corporation tax in Northern I...

Ian Jnr Paisley | 593 cc982-3 (Link to this contribution)

The hon. Lady makes a good point—it is key. This tax is not just about investment in Belfast, Lon...

Baroness Laing of Elderslie | 593 c983 (Link to this contribution)

Order. I know that the hon. Gentleman will be very careful in sticking to the narrow confines of ...

Ian Jnr Paisley | 593 c983 (Link to this contribution)

Thank you for that prompt, Madam Deputy Speaker. I was actually at the point of conclusion, and I...

Mark Durkan | 593 cc983-6 (Link to this contribution)

I will probably differ in some emphasis and some recollection from the hon. Member for North Antr...

Baroness Laing of Elderslie | 593 c986 (Link to this contribution)

Order. I will say to the hon. Gentleman the same as I said to the hon. Member for North Antrim (I...

Mark Durkan | 593 c986 (Link to this contribution)

I am sticking very much to the thrust and the purpose of the Bill. The Bill is presented as part ...

Naomi Long | 593 c987 (Link to this contribution)

The hon. Gentleman has said on a number of occasions that, as a result of the Stormont House agre...

Baroness Laing of Elderslie | 593 c987 (Link to this contribution)

Order. Interventions are meant to be short. The hon. Lady has already spoken. It is perfectly in ...

Mark Durkan | 593 cc987-8 (Link to this contribution)

I have no wish to argue with you now, Madam Deputy Speaker, but I must say that I was not arguing...

Baroness Laing of Elderslie | 593 c988 (Link to this contribution)

I thank the hon. Gentleman for his courtesy and for not arguing with me.

Question put and a...

Dan Jarvis | 593 c988 (Link to this contribution)

On a point of order, Madam Deputy Speaker. I should be grateful if confirmed how this House could...

Baroness Laing of Elderslie | 593 c988 (Link to this contribution)

I thank the hon. Gentleman for his point of order. Let me first say on behalf of the whole House ...

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