32 Helen Morgan debates involving HM Treasury

Oral Answers to Questions

Helen Morgan Excerpts
Tuesday 17th May 2022

(3 years, 11 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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Sadly, nothing we can do from this Dispatch Box can change global oil prices, but we can reduce the taxes that we are responsible for. That tax cut, together with the freeze, is worth, this year, about £100 for a typical family driver, £200 or more for a van driver, and almost £1,500 for an HGV driver.

Helen Morgan Portrait Helen Morgan (North Shropshire) (LD)
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T10. It is not only households that are impacted by the cost of living emergency; businesses in North Shropshire are facing unimaginable and unmanageable increases in their fuel bills and other input costs, and this has been compounded by the national insurance tax rise imposed by this Government and paid by employers. Does the Chancellor agree that the increase in national insurance for employers should be scrapped to keep our small businesses in business?

Simon Clarke Portrait Mr Simon Clarke
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We are absolutely determined to reduce the burden of tax facing both businesses and individuals. We have already heard during the course of these exchanges about the action we have taken, for example, on the employment allowance and on business rates, which is precisely designed to help businesses succeed in what is obviously a challenging environment.

Wendy Chamberlain Portrait Wendy Chamberlain
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The purpose of the VAT cut is to increase the economy and increase productivity, and therefore see increased tax receipts, which would cover it.

Instead of raising taxes on working people, the Government could implement a windfall tax on the super-profits of oil and gas companies. I say “super-profits” because this is about the additional profits that those companies are making as a result of the increase in energy prices, and it is not the same as the policy proposed by Labour. However, this Government are allowing those companies to make and keep those massive gains. That is true to form; we have seen them give banks a £7 billion tax cut and we know about the high levels of wastage that we have seen, for example, in relation to personal protective equipment. A measure such as this would help support our most vulnerable families.

Helen Morgan Portrait Helen Morgan (North Shropshire) (LD)
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Does my hon. Friend agree that the proposed changes to the national insurance thresholds are disappointing, because they just do not go far enough to help people cope with the shocking scale of this cost of living crisis? A disabled family in my constituency do not pay national insurance so they do not get any benefit from the proposed cut; one member is too ill to work and his wife has to stay at home to care for him, so they get nothing from this, but they are struggling to heat their house and pay their food bills. This does not do anything for them. For those who are in work, the NI rate is still increasing by 10% and so they will not benefit enough to be able to heat their homes. Does she also agree that those who live off-grid and heat their homes with heating oil are not protected by anything that happened yesterday?

Baroness Winterton of Doncaster Portrait Madam Deputy Speaker (Dame Rosie Winterton)
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Order. Interventions have to be quite short.