Debate on bill on Friday, 17 July 2020, in the House of Lords, led by Lord Agnew of Oulton. The answering member was Lord Tunnicliffe.

Finance Bill

Lords second reading. Agreed to on question. Committee negatived. Standing Order 46 having been dispensed with, the Bill was read a third time and passed.

Secondary information

Type: Parliamentary proceeding
Reference: 804 cc1853-1911
Session: 2019-21
Department: Treasury
Legislative stage: Third reading; Second reading
Procedure: Hybrid proceedings
Chamber / Committee: House of Lords chamber
Related items: Finance Bill 2019-21. Brought from the Commons.
Thursday, 2 July 2020
Bills
House of Lords; Finance Bill: Briefing for Lords Stages
Tuesday, 7 July 2020
Research briefings; Stamp Duty Land Tax (Temporary Relief) Bill 2019-21. Brought from the Commons.
Monday, 13 July 2020
Bills
House of Lords; Stamp Duty Land Tax (Temporary Relief) Bill
Friday, 17 July 2020
Parliamentary proceedings
House of Lords
Proceeding contributions: Lord Agnew of Oulton | 804 c1853 (Link to this contribution)
My Lords, with the leave of the House I will also speak to the remaining Motion standing in my na...; Lord McNicol of West Kilbride | 804 c1853 (Link to this contribution)
The question is that the Bill be now read a second time. I call the next speaker: the noble Lord,...; Lord Livermore | 804 cc1853-6 (Link to this contribution)
My Lords, this Finance Bill gives effect to the tax measures announced in the Chancellor’s Spring...; Lord McNicol of West Kilbride | 804 c1856 (Link to this contribution)
With the leave of your Lordships’ House, I now call the Minister to make his opening remarks.
...; Lord Agnew of Oulton | 804 cc1856-8 (Link to this contribution)
My Lords, we are here to debate the annual Finance Bill, introduced in the other place following ...; Lord Bruce of Bennachie | 804 cc1858-1860 (Link to this contribution)
Inevitably, my Lords, the March Budget has been overtaken by events and subsequent measures. I th...; Lord Macpherson of Earl's Court | 804 c1860 (Link to this contribution)
My Lords, I want belatedly to congratulate the Minister on his appointment to the Treasury. I had...; Lord Lamont of Lerwick | 804 cc1860-1 (Link to this contribution)
My Lords, I thank the Minister for his observations and applaud the bold measures taken by the Ch...; Lord Empey | 804 cc1861-2 (Link to this contribution)
My Lords, we need to recall that, in attempting to increase revenue, by increasing tax we have in...; Lord Wood of Anfield | 804 cc1862-3 (Link to this contribution)
My Lords, I want to make a few remarks about the emergency stamp duty provisions announced in the...; Lord Oates | 804 cc1863-4 (Link to this contribution)
My Lords, when we debated the March Budget in this House a week after it had been delivered, coro...; Lord Blencathra | 804 cc1864-5 (Link to this contribution)
My Lords, I begin by saying how much I agree with the remarks of my noble friend Lord Empey. This...; Baroness Falkner of Margravine | 804 cc1865-6 (Link to this contribution)
My Lords, I broadly welcome most of the measures the Government have taken since the onset of thi...; Lord Hain | 804 cc1866-7 (Link to this contribution)
My Lords, the OECD estimates that the fall in economic activity in 2020 in the UK will be the wor...; Earl of Shrewsbury | 804 c1867 (Link to this contribution)
My Lords, I agree entirely with my noble friends Lord Blencathra and Lord Empey. They could not h...; Lord Razzall | 804 cc1867-8 (Link to this contribution)
My Lords, this is clearly our opportunity to comment on the Chancellor’s economic policy. He has ...; Baroness Jones of Moulsecoomb | 804 cc1868-9 (Link to this contribution)
My Lords, I cannot say much about the budget except that it is inadequate for the scale of the pr...; Lord Loomba | 804 c1869 (Link to this contribution)
My Lords, I will concentrate my remarks on the stamp duty land tax Bill. This is a welcome move b...; Lord Naseby | 804 cc1869-1870 (Link to this contribution)
I sincerely congratulate the Chancellor. The Bill before us is sensible, with sensible policies. ...; Baroness Andrews | 804 cc1870-1 (Link to this contribution)
First, on the stamp duty issue and the problems facing young people, welcome though they are, the...; Baroness Northover | 804 cc1871-2 (Link to this contribution)
My Lords, we are in unprecedented times. We had a weak economy and have now been hit badly by cor...; Baroness Wheatcroft | 804 cc1872-3 (Link to this contribution)
My Lords, the Chancellor has responded to the Covid crisis with unprecedented cash handouts. Some...; Lord Lilley | 804 c1873 (Link to this contribution)
My Lords, it is unfortunate that because, during the worst recession in two centuries, we have no...; Lord Adonis | 804 cc1873-5 (Link to this contribution)
My Lords, I completely agree with the noble Lord, Lord Lilley, that we need a more efficient stat...; Baroness Burt of Solihull | 804 c1875 (Link to this contribution)
My Lords, I will address my remarks from the perspective of small business. As other noble Lords ...; Lord Truscott | 804 cc1875-6 (Link to this contribution)
My Lords, I will refer to the Stamp Duty Land Tax (Temporary Relief) Bill. I declare my relevant ...; Baroness Verma | 804 c1876 (Link to this contribution)
My Lords, I too start by thanking the Government and congratulating them on the measures that the...; Lord Haskel | 804 cc1876-7 (Link to this contribution)
The Minister has talked about the digital services tax. That is a small step on the long road to ...; Baroness Bowles of Berkhamsted | 804 cc1877-8 (Link to this contribution)
My Lords, the expansion of IR35 has been postponed for a year. That is a small mercy, but a fair ...; Lord Mann | 804 cc1878-9 (Link to this contribution)
My Lords, this morning the Prime Minister announced that he hopes to see spectators at sports suc...; Baroness Noakes | 804 cc1879-1880 (Link to this contribution)
My Lords, I welcome the tax reductions in the Stamp Duty Land Tax (Temporary Relief) Bill; they s...; Lord Holmes of Richmond | 804 c1880 (Link to this contribution)
My Lords, it is always a pleasure to follow my noble friend Lady Noakes, and I agree with all her...; Viscount Chandos | 804 cc1880-1 (Link to this contribution)
My Lords, never can economic conditions have changed so much in the time between the publication ...; Lord Cormack | 804 cc1881-2 (Link to this contribution)
My Lords, faced with the greatest depression since the reign of Queen Anne, the Chancellor has di...; Lord Shipley | 804 cc1882-3 (Link to this contribution)
My Lords, I will speak about stamp duty and the temporary change in policy being introduced. It i...; Baroness Watkins of Tavistock | 804 cc1883-4 (Link to this contribution)
My Lords, I draw attention to my interests as outlined in the register. I support the contents of...; Lord McCrea of Magherafelt and Cookstown | 804 cc1884-5 (Link to this contribution)
My Lords, I thank the Minister for his presentation of the Finance Bill. There is no doubt that t...; Lord Hunt of Wirral | 804 cc1885-6 (Link to this contribution)
My Lords, I draw attention to my entry in the register. The Budget on 11 March, first conceived i...; Lord Rooker | 804 c1886 (Link to this contribution)
Before I was elected to the Commons in 1974, I spent my working life in the manufacturing industr...; Lord Young of Cookham | 804 cc1886-7 (Link to this contribution)
My Lords, I applaud my noble friend the Minister’s opening remarks, and the comments of my noble ...; Lord Greaves | 804 cc1887-8 (Link to this contribution)
What a lot of good sense, my Lords.
The noble Baroness, Lady Verma, is in Leicester, which ...; Lord Duncan of Springbank | 804 c1888 (Link to this contribution)
I am sure the House will join me in wishing a very happy birthday to the next speaker, the noble ...; Baroness Gardner of Parkes | 804 cc1888-9 (Link to this contribution)
My Lords, I feel privileged to speak in this debate today, particularly as my niece telephoned me...; Lord Snape | 804 c1889 (Link to this contribution)
My Lords, two matters and one glaring omission arise from the Spring Statement on which I wish to...; Baroness Bennett of Manor Castle | 804 cc1889-1891 (Link to this contribution)
My Lords, many noble Lords have expressed concerns about the impact of the stamp duty holiday. I ...; Baroness McIntosh of Pickering | 804 c1891 (Link to this contribution)
My Lords, I join the Deputy Speaker in congratulating my noble friend Lady Gardner of Parkes on h...; Lord McConnell of Glenscorrodale | 804 cc1891-2 (Link to this contribution)
I draw attention to my interests as declared in the register. I agree with my noble friend Lord R...; Lord Duncan of Springbank | 804 c1892 (Link to this contribution)
My Lords, before I call the next speaker, I must announce that we will take a short adjournment a...; Baroness Bakewell of Hardington Mandeville | 804 cc1892-3 (Link to this contribution)
My Lords, it is a pleasure to follow the noble Lord, Lord McConnell of Glenscorrodale. I am grate...; Baroness Altmann | 804 cc1893-4 (Link to this contribution)
My Lords, we are here to debate the Finance Bill, which is about fiscal policy. However, I would ...; Baroness Bull | 804 cc1894-5 (Link to this contribution)
My Lords, recognising the vastly changed landscape in which we discuss this Bill, I want to focus...; Lord Balfe | 804 cc1895-6 (Link to this contribution)
We are meeting, as has been said, in very different circumstances from when the Budget was delive...; Lord Blunkett | 804 c1896 (Link to this contribution)
My Lords, I draw attention to my declaration of interests. I endorse entirely the opening remarks...; Lord German | 804 cc1896-7 (Link to this contribution)
My Lords, I will make two points about measures in the Finance Bill. These are extraordinary time...; Lord Bourne of Aberystwyth | 804 cc1897-8 (Link to this contribution)
My Lords, it is a great pleasure to follow my good friend the noble Lord, Lord German. I thank my...; Baroness Uddin | 804 c1898 (Link to this contribution)
My Lords, I am pleased to follow the noble Lord, Lord Bourne. Coronavirus is the biggest crisis o...; Baroness Garden of Frognal | 804 c1898 (Link to this contribution)
Lady Uddin, we seem to have lost you. Are you there?; Baroness Uddin | 804 cc1898-9 (Link to this contribution)
Sorry, I do not know what happened. What assessment have the Government made of the inevitable ef...; Baroness Garden of Frognal | 804 c1899 (Link to this contribution)
The noble Baroness’s time is up. I call the noble Lord, Lord Addington.
2.17 pm; Lord Addington | 804 cc1899-1900 (Link to this contribution)
My Lords, when I see the noble Lord, Lord Agnew, something in my memory tells me we should be tal...; Lord Wei | 804 cc1900-1 (Link to this contribution)
My Lords, I refer Members to my interests, as well as to an article I wrote recently in “Conserva...; Lord Young of Norwood Green | 804 cc1901-2 (Link to this contribution)
My Lords, I declare an interest as an apprenticeship ambassador. I came here today for the first ...; Baroness Ritchie of Downpatrick | 804 cc1902-3 (Link to this contribution)
My Lords, it is a pleasure to follow the noble Lord, Lord Young of Norwood Green.
In many w...; Lord Dobbs | 804 c1903 (Link to this contribution)
My Lords, 40 years ago this country was confronted by mass unemployment. It went way above 3 mill...; Lord Goddard of Stockport | 804 cc1903-4 (Link to this contribution)
My Lords, I will address the loan charge in the Finance Bill. For the avoidance of doubt, we do n...; Lord Moynihan | 804 cc1904-5 (Link to this contribution)
My Lords, if we are follow the Prime Minister’s lead in tackling obesity, we must think beyond th...; Lord McKenzie of Luton | 804 cc1905-6 (Link to this contribution)
My Lords, Covid-19 has changed all our lives in a way that we might have thought unimaginable a f...; Baroness Kennedy of Cradley | 804 cc1906-7 (Link to this contribution)
My Lords, growing up in the Midlands, and the Black Country in particular, I know how much pride ...; Baroness Kramer | 804 cc1907-9 (Link to this contribution)
My Lords, we must brace ourselves for high levels of unemployment in the autumn and the failure o...; Lord Tunnicliffe | 804 cc1908-1910 (Link to this contribution)
My Lords, this debate has come at an interesting time. Despite the limitations on speeches, we ha...; Lord Agnew of Oulton | 804 cc1910-6 (Link to this contribution)
My Lords, this has been an excellent debate, and I thank noble Lords for their expert and insight...
Subjects: Compensation Capital gains tax Conservation Corporation tax Climate change Apprentices Employment Housing Further education Income tax Energy Insolvency Inheritance tax Government assistance Economic situation Local government Pay Planning National insurance contributions Business rates Procurement Loans Young people Regulation Tax allowances Taxation VAT Tax rates and bands Self-employed Revenue and Customs Stamp duty land tax Hydrogen Sovereign wealth funds Social media UK relations with EU Windrush generation Coronavirus Digital service providers Coronavirus job retention scheme Hospitality industry Off-payroll working
Legislation: Finance Bill 2019-21; Stamp Duty Land Tax (Temporary Relief) Bill 2019-21
Link: View this Parliamentary proceeding on hansard.parliament.uk

Finance Bill

Secondary information

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