Speech in Commons Chamber - Fri 20 Mar 2015
Budget Resolutions and Economic Situation
"A Conservative Chancellor is at the height of his powers. We see falling inflation, falling unemployment, rising living standards and healthy growth, built on the basis of deficit reduction and falling borrowing.
That was, of course, the legacy of my right hon. and learned Friend the Member for Rushcliffe (Mr …..."David Ruffley - View Speech
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Speech in Commons Chamber - Fri 20 Mar 2015
Budget Resolutions and Economic Situation
"I will give one example: middle-class welfare-ism, as it is often described. We all supported the introduction of working tax credit, a repackaging of income support and family credit, as an in-work benefit for those on low pay—it was, and is, a good thing—but it extended much too far up …..."David Ruffley - View Speech
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Speech in Commons Chamber - Tue 27 Jan 2015
Oral Answers to Questions
"T5. I commend the Chancellor’s aim of running an overall budget surplus in 2019-20 and cutting the national debt so that the next generation are not saddled with punitive taxes. Does he agree that this is a case of simple fairness, not ideology?..."David Ruffley - View Speech
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Speech in Commons Chamber - Tue 13 Jan 2015
Charter for Budget Responsibility
"I am rather excited by this debate on fiscal responsibility. This is not to say that I am an anorak who should get out more. My happiness resides more in the fact that those who support the motion will be committing to balanced budget economics. Anyone voting for the motion …..."David Ruffley - View Speech
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Speech in Commons Chamber - Tue 13 Jan 2015
Charter for Budget Responsibility
"My hon. Friend makes a trenchant point. Do we want burgeoning debt interest under the policies of the Opposition parties to eat away at front-line services? The money, as we know, has to come from somewhere.
I am not clear where the major Opposition party stands on this. The £30 …..."David Ruffley - View Speech
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Speech in Commons Chamber - Tue 09 Dec 2014
Oral Answers to Questions
"16. What recent representations he has received on the introduction of new fiscal rules to limit government borrowing...."David Ruffley - View Speech
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Speech in Commons Chamber - Tue 09 Dec 2014
Oral Answers to Questions
"I thank the Minister for that reply. I commend the autumn statement, in particular chart 1.9 therein, which makes it clear that any Government who wish to reduce debts as a share of GDP to under 40% in the next 20 years will not merely have to balance the budget, …..."David Ruffley - View Speech
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Written Question
Monday 1st December 2014
Asked by:
David Ruffley (Conservative - Bury St Edmunds)
Question
to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many properties sold in (a) Bury St Edmunds constituency and (b) Suffolk County Council area attracted stamp duty land tax levied at (i) zero per cent, (ii) one per cent, (iii) three per cent and (iv) four per cent in each of the last three years.
Answered by David Gauke
Estimates of the number of residential property transactions, rounded to the nearest 10, for Bury St Edmunds parliamentary constituency and Suffolk County Council are given in the following table, grouped by stamp duty land tax band.
Bury St Edmunds | | | | | |
| | SDLT Band | 0%(1) | 1%(2) | 3%(3) | 4%(4) | higher(5) |
| | 2011/12 | 440 | 1140 | 420 | 50 | <50 |
| | 2012/13 | 430 | 1150 | 390 | 50 | <50 |
| | 2013/14 | 430 | 1390 | 520 | 80 | <50 |
| | |
| | | | | | | | | | | |
Suffolk
| | 2011/12 | 3570 | 6140 | 2000 | 350 | 50 |
| | 2012/13 | 3590 | 6220 | 2140 | 350 | 50 |
| | 2013/14 | 3950 | 7680 | 2650 | 460 | 60 |
| | |
(1) Threshold is £125,000 in all years. The temporary increase in the threshold from £125,000 to £250,000 for first time buyers between March 2010 and March 2012 is ignored.
(2) £125,001 to £250,000
(3) £250,001 to £500,000.
(4) £500,001 to £1 million.
(5) Above £1 million. This includes the 5%, 7% and 15% bands. Due to tax payer confidentiality more detailed information cannot be provided for the higher bands.
Transactions with a value under £40,000, the current stamp duty land tax notification threshold, are excluded from figures for all years.
The number of transactions bearing stamp duty will be lower than the number shown in the non-zero bands due to various applicable reliefs, (e.g. disadvantaged area relief, group relief, registered social landlord relief). There are also some lease transactions which fall in the zero per cent band on account of consideration, but which bear stamp duty on the lease rental.
Written Question
Thursday 6th November 2014
Asked by:
David Ruffley (Conservative - Bury St Edmunds)
Question
to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many businesses have (a) claimed and (b) been successfully awarded employment allowance in (i) Bury St Edmunds, (ii) Suffolk, (iii) the East of England and (iv) England and Wales.
Answered by David Gauke
A statistical release covering take-up of the Employment Allowance, including regional and constituency data, is already scheduled for publication on the 7th November.
The release will cover take-up for the first six months of 2014-15. The scheme as a whole has enjoyed good take-up so far. A press release from July 2014 announced that by the end of June around 725,000 businesses and charities; including around 72,000 in the East of England, around 616,000 in England, and around 30,000 in Wales had benefitted from the allowance.
This demonstrates the Government’s commitment to reducing the costs of employment for small businesses across the UK.
Speech in Commons Chamber - Thu 12 Jun 2014
The Economy and Living Standards
"I fear that the amendment contains several new Labour clichés that make me nostalgic for the Blair and Brown years. Delivering rising living standards for the many, not the few, making work pay—the only one that is missing is “an end to boom and bust”.
Of course, new Labour did …..."David Ruffley - View Speech
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