NHS Pension Scheme: Tapered Annual Allowance

Debate between Andrea Jenkyns and Paul Masterton
Tuesday 2nd April 2019

(5 years, 1 month ago)

Westminster Hall
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Paul Masterton Portrait Paul Masterton
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The hon. Gentleman is absolutely right. One of the key issues is that because it reduces the tax allowance in the current year of work, it is impossible to work out what the annual allowance will reduce to, and people cannot plan. I will go on to raise some examples from my own constituents, as I am sure other hon. Members will want to do.

Andrea Jenkyns Portrait Andrea Jenkyns (Morley and Outwood) (Con)
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A constituent told me that he has been advised to take early retirement to avoid taxes. Does my hon. Friend agree that retaining long-serving consultants with experience in their fields is vital to the NHS’s success?

Paul Masterton Portrait Paul Masterton
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My hon. Friend is absolutely right, and that is why the issue is so important. I appreciate that we are talking about people who earn a lot of money and who have good pension schemes, but there is a serious potential knock-on effect of very senior doctors turning down hours or taking early retirement.

European Union (Withdrawal) Act

Debate between Andrea Jenkyns and Paul Masterton
Wednesday 9th January 2019

(5 years, 3 months ago)

Commons Chamber
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Andrea Jenkyns Portrait Andrea Jenkyns
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Well, I think 1 million more people is quite a big clue, actually.

It was never supposed to be this way. At the referendum there was no third option: the choice was either leave or remain. The referendum did not mention a half in, half out or worst of both worlds choice for our country’s future. The referendum question said nothing about giving the EU £39 billion of taxpayers’ money and getting nothing in return, the referendum question said nothing about a continued role for the European Court of Justice after 2019, and the referendum question said nothing about an Irish backstop and restricting our ability to sign new trade deals. This deal is a sell-out of those who voted to leave. It is therefore impossible for the House to unite around this deal, and it is impossible for our country to unite around a bad deal.

At the referendum two years ago the British people spoke and our objective was clear: as elected Members of Parliament we were tasked with delivering Brexit. Some Members thought the British people would deliver a different result and would vote remain in the referendum, but they did not, and this is the problem: some Members do not accept the result of the referendum and are using every opportunity to thwart the will of the British people.

It is a sad period in our great Parliament’s history when MPs try to overturn the democratic mandate; that is completely unacceptable, After all, it was Parliament that gave the British people the opportunity to have the referendum in the first place. Our great British parliamentary model has been a beacon that has been used as a template in parliamentary democracies across the globe for centuries. Let us not insult our greatest institution, or forget that we were elected by the British electorate. We are all democrats, so let us respect the result: our British people have spoken and it is time for us now to deliver. Our people decided to take back control and said we should leave. [Interruption.] They are still British citizens.

This was a vote dictated not by fear, but by hope: hope of a different tomorrow and a new path; hope of a new system not restricted by the EU’s institutions; and hope that once again our people will feel that they have a true stake in our country’s future. The chance of a global Britain was promised, but that promise has now been broken.

We must leave, and we need a clean Brexit and to trade under WTO rules if necessary. The US and China sell billions of pounds’ worth of exports each year to the EU using WTO rules; the UK can do the same if necessary. As the EU’s largest trading partner and with a deficit of £95 billion in trade in goods, we should have been negotiating from a position of strength, but the Prime Minister’s determination to get a deal at any cost gave the EU the upper hand. The Prime Minister showed her hand too soon, and now the EU has called her bluff.

I say that it is time we put the ball firmly in our court and take the upper hand in these negotiations. The EU fears our leaving on WTO terms as it will give Britain the competitive advantage if we do, so let us fully embrace a clean Brexit; I have no doubt that the EU will come running back to us at the eleventh hour. But besides being a good negotiating tool, leaving on WTO terms is not something we should fear.

Paul Masterton Portrait Paul Masterton (East Renfrewshire) (Con)
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My hon. Friend talks about the potential advantages of our leaving on WTO rules. Can she explain why, if WTO rules are just fine for trading with our largest trading partner, it is so necessary that we are able to do trade deals on our own terms with other, much smaller economies?

Andrea Jenkyns Portrait Andrea Jenkyns
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I believe in a global Britain, as the Prime Minister said in her statement several times, and it is important that, in trading with both smaller nations and larger nations, Britain is free to chart its own path in the world and to forge new trade deals with whoever.