Income Tax (Charge) — 12 Mar 2024 at 18:38

That income tax is charged for the tax year 2024-25.

And it is declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.

“never end. This will always be a work in progress. There never can be a steady state… The public, for whom public services exist, deserve nothing less.”

“genuinely putting a lot more money into the pockets of people”.

“the British are among the worst idlers in the world. We work among the lowest hours, we retire early and our productivity is poor. Whereas Indian children aspire to be doctors or businessmen, the British are more interested in football and pop music.”

“the way to improve public services is not always more money or more people; we also need to run them more efficiently. We need a more productive state, not a bigger state.”-[Official Report, 6 March 2024; Vol. 746, c. 846.]

“roll out cutting-edge technology such as live facial recognition, automation and the use of drones as first responders.”

“The government will establish a Centre for Police Productivity to support police forces’ use of data and deliver this technology, maximising productivity and the use of AI.”

“better not steal the moves”.

“It will be up to us to rebuild a pension system that has been comprehensively, single-handedly destroyed by Gordon Brown”.

“not worth the paper it is written on”,

“In years to come…people will be asking how it was that government walked by on the other side when thousands of children were suffering abject deprivation, and failed to support them in their hours of need.”

“Well over 60 per cent of pensioners now pay income tax. Income tax changes will leave most of them £650 a year worse off by 2027, and over £3,000 a year worse off if they are higher rate tax payers.”

“The £19 billion of cuts to unprotected public services after the next election are three-quarters the size of those delivered in the early 2010s. The idea that such cuts can be delivered in the face of already faltering public services is a fiscal fiction.”

“I don’t want to rule or conquer anyone. I should like to help everyone-if possible-Jew, gentile, black man, white. We all want to help one another. Human beings are like that. We want to live by each other’s happiness, not by each other’s misery.”

“the budget is for ordinary people. The mega-rich look on and laugh…traders know the rich will get richer and the poor will get poorer.”

“is so simple that the mind is repelled.”

“The next year, 2011, I placed a bet. It was a bet that the hundreds of billions of pounds of economic stimulus being poured into the UK and US economies would not reach the people who needed it. It would settle in the pockets of the richest, who would use it to buy the homes of the poor, and the economy would never recover. That year, I was Citibank’s most profitable trader in the world. They paid me $2m and asked me to do it again. It was around about then I realised the whole economic system wasn’t working.”

“This will be the biggest tax-raising parliament on record”.

“A staggering 600 people a day are giving up work to care, many as a result of the lack of social care. The lack of long-term sustainable funding for social care is heaping ever more pressure onto families. It’s simply unacceptable. As well as being financially disastrous for families, employers end up shouldering extra cost”.

“continue to explore how savers could be allowed to take their pension pots with them when they change job.”-[Official Report, 6 March 2024; Vol. 746, c. 843.]

“the potential to significantly undermine the successes of AE”.

“sharp increase in marketing and product costs which will ultimately be borne by savers.”

“We must not lose sight of the great success of automatic enrolment, while acknowledging that there are key reforms already underway…that need to be completed.”

“lead to higher charges and lower retirement incomes for most workers, with the lowest paid the greatest at risk of getting ripped off.”

“consensus that many people need to increase their pension contributions if they are to have an adequate income in retirement.”

“The middle of a cost of living crisis is not the time to ask people to pay more into their pension. However, if they are to do so in the future”-

“work to prepare the ground needs to start now to build consensus”

“The idea that such cuts can be delivered in the face of already faltering public services is a fiscal fiction.”

“people have to beg for help, and they get fed up with the long drawn out process. Many are not getting the help that is promised by the government.”

“will do nothing to turbo charge investment and growth in communities”.

“we’d like to continue along that track”-

“Raising public sector productivity by 5 per cent”,

“would be the equivalent of around £20 billion extra in funding”.

Debate in Parliament |