UK Parliament / Open data

Finance Bill

Proceeding contribution from Richard Fuller (Conservative) in the House of Commons on Monday, 28 November 2022. It occurred during Debate on bills on Finance Bill.

That is certainly the best place the Minister can go. He is always welcome in North East Bedfordshire.

The Minister will remember that the additional rate of tax was introduced as a temporary measure by Gordon Brown. When the Conservatives came into government in coalition in 2010, we looked forward to its being scrapped—yet here we are today, proposing that more people on lower incomes, in nominal as well as real terms, be made to pay that additional rate of tax. With the basic allowance tapering off above £100,000, and with the introduction of this rate, does the Minister accept that people in this country who earn more than £100,000 now face effective tax rates of 60% or 50%?

About this proceeding contribution

Reference

723 c696 

Session

2022-23

Chamber / Committee

House of Commons chamber

Legislation

Finance Bill 2022-23
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