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Speech in Commons Chamber - Tue 06 Sep 2016
Finance Bill

"Will the hon. Lady give way?..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Finance Bill

Speech in Commons Chamber - Tue 06 Sep 2016
Finance Bill

"I will speak briefly in favour of amendment 151 on carried interest. In my time as a Member of Parliament, I have sometimes been critical of elements of the tax regime that applies in the private equity and venture capital world. It seems to me that the generous tax regime, …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Finance Bill

Speech in Commons Chamber - Tue 06 Sep 2016
Finance Bill

"It has, but there is a distinction between different elements of carried interest, and we are trying to get to the bottom of that. To be brutally honest, in the longer term I would be much happier to have a regime in which we treated capital gains and income identically. …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Finance Bill

Speech in Commons Chamber - Tue 06 Sep 2016
Finance Bill

"Obviously, the hon. Gentleman does not know me, or indeed the Minister, well enough to know that we are both very much on the pro-European wing of our party. I was not in any way blaming the EU. I was simply trying to make the point that, in looking to …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Finance Bill

Speech in Commons Chamber - Tue 06 Sep 2016
Finance Bill

"I am sure there is a lot of truth in that. I was a businessman before I entered the House. It was a relatively straightforward business, based in the City of London, in the service industry, so there were not a huge number of reliefs available, although it may well …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Finance Bill

Speech in Commons Chamber - Mon 05 Sep 2016
Finance Bill

"The hon. Member for Aberdeen North (Kirsty Blackman) will be glad to know that she can also come to my constituency and hear a few Aberdonian accents from time to time, without having to go out to the middle of Texas.

I have a lot of sympathy for the situation …..."

Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Finance Bill

Speech in Commons Chamber - Mon 05 Sep 2016
Finance Bill

"I suspect we all know that the autumn statement will be coming up at some point in late November or early December, if precedent is anything to go by. As someone who was also very firmly in favour of Britain remaining in the European Union, I say to the hon. …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Finance Bill

Speech in Commons Chamber - Mon 05 Sep 2016
Finance Bill

"A huge number of actions are taking place now. It is far, far too early to have any definitive approach as to exactly what Brexit will entail. We have to ensure, to an extent, that we get as much of the benefit of being in the single market—I see that, …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Finance Bill

Speech in Commons Chamber - Mon 05 Sep 2016
Finance Bill

"I think there has been some misunderstanding about exactly what the patent box was designed to do. It was not designed solely to promote research and development, as many similar incentives that come through, year on year, in Budgets are designed to do. It was very much an attempt to …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Finance Bill

Speech in Westminster Hall - Tue 26 Apr 2016
Fixed Odds Betting Terminals

"As the hon. Member for Strangford (Jim Shannon) rightly pointed out, the size of the stake—up to £100—and the very short cycle make FOBTs a particularly aggressive form of gambling that encourages fast repeat visits. FOBTs now account for almost half of betting shops’ turnover in the UK as a …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Fixed Odds Betting Terminals