Seventeenth opposition day debate (part two). Motion that this House calls on the Government to support businesses and individuals still struggling as a result of the coronavirus crisis in the forthcoming budget by extending business rates relief for at least another six months, extending the temporary 5 per cent reduced rate of VAT for three months after restrictions are lifted or for another six months, whichever is later, helping British businesses struggling under the burden of Government-guaranteed debt by ensuring that small businesses can defer paying loans back until they are growing again, extending and reforming the furlough scheme so that it lasts whilst restrictions are in place and demand is significantly reduced, immediately confirming that the fourth Self-Employment Income Support Scheme grant will be set at 80 per cent of pre-coronavirus crisis profits and extending eligibility to that scheme to include anyone with a 2019-20 tax return and fixing the gaps in coronavirus support schemes to support those who have been excluded from the beginning of the crisis; and further calls on the Chancellor of the Exchequer to make a monthly oral statement to Parliament updating the House on these matters. Closure motion. Agreed to on question. Main question agreed to on division (272 to 0).

Seventeenth opposition day debate (part two). Motion that this House calls on the Government to support businesses and individuals still struggling as a result of the coronavirus crisis in the forthcoming budget by extending business rates relief for at least another six months, extending the temporary 5 per cent reduced...

I beg to move,

That this House calls on the Government to support businesses and individuals still struggling as a result of the coronavirus crisis in the forthcoming budget by extending business rates relief for at least another six months, extending the temporary 5 per cent reduced rate of VAT for...

I beg to move,

That this House calls on the Government to support businesses and individuals still struggling as a result of the coronavirus crisis in the forthcoming budget by extending business rates relief for at least another six months, extending the temporary 5 per cent reduced rate of VAT for...

I will give way briefly. I am reluctant to give way much, because of the pressure on time.

I will give way briefly. I am reluctant to give way much, because of the pressure on time.

The hon. Gentleman makes an important point. As we start to emerge from the crisis phase of the pandemic, we want to encourage people to take that risk and start up their own business. The self-employed and people starting small businesses were central to driving the recovery post-2008, and we...

The hon. Gentleman makes an important point. As we start to emerge from the crisis phase of the pandemic, we want to encourage people to take that risk and start up their own business. The self-employed and people starting small businesses were central to driving the recovery post-2008, and we...

I will give way one final time. I appreciate that we are pressed for time.

I will give way one final time. I appreciate that we are pressed for time.

We would work within the parameters of the scheme that has been set out, with the extension around 2019-20. We understand that, at the start of the pandemic, when it was not possible to draw upon those tax returns, there was an argument, but the position has now changed and...

We would work within the parameters of the scheme that has been set out, with the extension around 2019-20. We understand that, at the start of the pandemic, when it was not possible to draw upon those tax returns, there was an argument, but the position has now changed and...

It does rather disadvantage Members who are not here if I take further interventions, I am afraid.

It is not just the self-employed who need greater clarity at this time, but workers and businesses, large and small, right across our country. That is why what Labour is calling for is grounded...

It does rather disadvantage Members who are not here if I take further interventions, I am afraid.

It is not just the self-employed who need greater clarity at this time, but workers and businesses, large and small, right across our country. That is why what Labour is calling for is grounded...

Report stage second day. New clause 27 (Review of tax reliefs), discussed with new clause 2 (Review of changes to entrepreneurs’ relief), new clause 4 (Structures and buildings allowances: review), and new clause 17 (Review of geographical effects of provisions of Sections 28 to 31), debated and withdrawn. Government new clause 19 (Taxation of coronavirus support payments), discussed with Government new clause 20 (Protected pension age of members re-employed as a result of coronavirus), Government new clause 21 (Modifications of the statutory residence test in connection with coronavirus), Government new clause 22 (Future Fund: EIS and SEIS relief), Government new clause 23 (Interest on unpaid tax in case of disaster etc of national significance), Government new clause 24 (Exceptional circumstances preventing disposal of interest in three year period), Government new clause 25 (HGV road user levy), Government new clause 32 (Enterprise management incentives: qualifying events), Government new schedule 1 (Taxation of coronavirus support payments), new clause 29 (Review of impact of Act on poverty, new clause 10 (Impact of provisions of the Act on child poverty), new clause 3 (Review of changes to capital allowances), new clause 6 (General anti-abuse rule: review of effect on tax revenues), new clause 7 (Call-off stock arrangements: sectoral review of impact), new clause 8 (Review of effects on measures in Act of certain changes in migration levels), new clause 9 (Review of effects on migration of measures in Act), new clause 11 (Assessment of equality impact of measures in Act), new clause 15 (Sectoral review of impact of Act), new clause 16 (Review of effect of Act on tax revenues), new clause 30 (Review of rates of air passenger duty), and amendments. Government new clauses 19 to 25 and 32 agreed to. Government new schedule 1 agreed to. Third reading. Agreed to on question and Bill passed.

Report stage second day. New clause 27 (Review of tax reliefs), discussed with new clause 2 (Review of changes to entrepreneurs’ relief), new clause 4 (Structures and buildings allowances: review), and new clause 17 (Review of geographical effects of provisions of Sections 28 to 31), debated and withdrawn. Government new...

I begin by thanking my colleagues in the shadow Treasury team for their work throughout the journey of the Bill and the Minister and his colleagues for their responses to many of the questions and concerns that we have raised. I also put on record our thanks to the Clerks...

I begin by thanking my colleagues in the shadow Treasury team for their work throughout the journey of the Bill and the Minister and his colleagues for their responses to many of the questions and concerns that we have raised. I also put on record our thanks to the Clerks...

I beg to move, That the clause be read a Second time.

I beg to move, That the clause be read a Second time.

New clause 27 calls on the Government to lay a review before Parliament considering all the tax reliefs within this Act, their effect on taxation revenue and the effectiveness of systems to evaluate these reliefs and to ensure value for money. We know that there are real problems with how...

New clause 27 calls on the Government to lay a review before Parliament considering all the tax reliefs within this Act, their effect on taxation revenue and the effectiveness of systems to evaluate these reliefs and to ensure value for money. We know that there are real problems with how...

Could the Minister say a little more about the social investment tax relief? I am not aware that he responded on that point.

Could the Minister say a little more about the social investment tax relief? I am not aware that he responded on that point.

We do not intend to divide the House on the new clause, but I will make a few brief points in response to what the Minister has said. I am glad that he shares our assessment that the current situation and system are unwieldy, and therefore we look forward to...

We do not intend to divide the House on the new clause, but I will make a few brief points in response to what the Minister has said. I am glad that he shares our assessment that the current situation and system are unwieldy, and therefore we look forward to...