Finance (No. 3) Bill
Debate between Leo Docherty and Grant ShappsMonday 19th November 2018
(5 years, 5 months ago)
Commons ChamberRead Full debate Finance Act 2019 View all Finance Act 2019 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Committee of the whole House Amendments as at 19 November 2018 - (19 Nov 2018)
Leo Docherty
Absolutely, and the bottom line is that that allows more people to spend more of their own money doing what they want. That is what this Government deliver.
Grant Shapps (Welwyn Hatfield) (Con)
Does not the rise in the tax-free allowance from £6,475 to £12,500 also mean that the tax collector will no longer have to waste time chasing and trying to track down people who are earning the basic salary to secure very small amounts that probably cost more to collect than they constitute in receipts?
Leo Docherty
My right hon. Friend has made a very good point. The rise is not just good for the taxpayer, but good for the Government.
This balanced, responsible approach is in stark contrast to the reckless and ideologically driven approach of the Opposition. Members will probably need no reminding that in 2016 the shadow Chancellor declared, “I am a Marxist”. He pursues—well, let us call it a policy of half-based Marxism mixed with 1970s-style union militancy.