Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Daisy Cooper Excerpts
Tuesday 9th September 2025

(1 day, 23 hours ago)

Commons Chamber
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Lindsay Hoyle Portrait Mr Speaker
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I call the Liberal Democrat spokesperson.

Daisy Cooper Portrait Daisy Cooper (St Albans) (LD)
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The jobs tax has hit small businesses the hardest, with statistics from the Office for National Statistics showing that vacancies among small businesses alone have dropped by 18%. This proves that the jobs tax is not only crushing growth but crushing opportunity, especially in hospitality. Have Treasury Ministers commissioned their officials to look at any of the fairer revenue raisers that we Liberal Democrats have put forward—such as taxes on the banks, the tech companies or the gambling companies—in order that the Treasury could scrap the jobs tax at the next Budget?

Dan Tomlinson Portrait Dan Tomlinson
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When the Liberal Democrats were last in government, they made the decision to whack up VAT on businesses, whereas this Government are doing all we can to reform business rates so that retail, hospitality and leisure industries can get the support that they need from the business rates system. The national insurance changes that were made last year protect the smallest businesses, with many seeing lower business rates or not seeing increases.

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Lindsay Hoyle Portrait Mr Speaker
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I call the Liberal Democrat spokesperson.

Daisy Cooper Portrait Daisy Cooper (St Albans) (LD)
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We Liberal Democrats oppose the family farm tax, but in the spirit of constructive opposition, last November I recommended and requested that Ministers look at the idea of a family farm test, such as the ones used in France and Ireland. Such a test would ensure that they could close the loophole on big equity companies exploiting land, but it would not cover family farms in the process. Since I raised that suggestion last November, have Treasury Ministers asked officials to look at it?

James Murray Portrait James Murray
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As is the normal process in developing any policy, we consider a range of options, but we have decided that this gets the balance right: raising revenue in a fair way while offering generous reliefs within the agricultural property relief and business property relief system. Let me just say that, when I heard the hon. Lady stand up and begin a sentence with, “We Liberal Democrats oppose”, I was hardly surprised.