There is no question that our country has faced some profound challenges over the past few years. From the pandemic and the consequences of our response to the ongoing conflict in Ukraine, these difficult times have demonstrated the importance of strengthening the UK’s public finances. I know the cost of […]
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Improving our Public Finances and Cutting Taxes
We must get serious about our public finances; the United Kingdom has lived beyond its means for far too long. The Government’s response to our economic circumstances has shown that it is willing to make unpopular decisions in order to bring our public finances under control. The Government Actuary’s Department […]
Read MoreCutting Taxes for Hard-Working People
When the Prime Minister came into office, he pledged to halve inflation and grow the economy. Having taken the difficult decisions to bring our public finances under control, we can clearly see that the plan is working. There is still more to be done, but inflation is falling, and our […]
Read MoreAutumn Statement – The Government is Cutting Taxes
I was pleased to attend the Chancellor’s Autumn Statement on Wednesday, in which he announced the biggest collection of tax cuts since the 1980s. The wellbeing of public finances affects everyone in Wycombe and across the UK, which is why three of the five promises made by the Prime Minister […]
Read MorePresentation on Tax Freedom Day
Many thanks to the Adam Smith Institute for having me on the Tax Freedom Day panel this evening. I promised I would publish my referenced slides: find them here.
Read MoreAxing the Tampon Tax – I am glad to set the record straight
My letter to constituents on my role in axing the Tampon Tax follows below. Thank you for writing to me about the abolition of the “Tampon Tax”. Having fought for it, I am very pleased a zero rate of VAT now applies to women’s sanitary products. This is part of wider action […]
Read MoreDavid Cameron on our plans to take the family home out of Inheritance Tax
Via Share the Facts, David Cameron explains our plans to take the family home out of Inheritance Tax: And also via Share the Facts, the detail: Many families who have worked hard, saved and put money into their home are caught by Inheritance Tax – a tax that should only be paid […]
Read MoreA tax cut for over 26 million people
Via Share The Facts, new tax and benefit changes have come into effect: They’re the latest part of our plan to give more security to hardworking taxpayers. They include: Raising the level at which people start paying income tax to £10,600 – cutting tax for over 26 million people and […]
Read MoreRecent HMRC evidence on tax avoidance and evasion busts another myth
A recent email campaign sought to suggest that this Government has been soft on tax avoidance and evasion. It is not true. As the responsible minister, David Gauke, has set out: HMRC has secured more than £85 billion in compliance yield since the beginning of the Parliament, £31 billion from large […]
Read MoreThe choice at the next election in 80 seconds
Via sharethefacts.conservatives.com, “the choice at the next election in 80 seconds”: The election in May is the most important in a generation, and the choice couldn’t be clearer. It’s between the competence of the Conservatives, with a long-term economic plan that is securing a better future for Britain – or […]
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