UK Economy: Capital Gains Tax Debate

Full Debate: Read Full Debate
Department: HM Treasury

UK Economy: Capital Gains Tax

Baroness Vere of Norbiton Excerpts
Wednesday 9th October 2024

(1 month, 1 week ago)

Lords Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Lord Livermore Portrait Lord Livermore (Lab)
- View Speech - Hansard - - - Excerpts

I am grateful to my noble friend for his expertise on this matter. At the risk of repeating myself, he knows I would not be able to comment on speculation about other specific taxes, but we must rebuild our public finances, including by addressing the £22 billion black hole inherited from the previous Government.

Baroness Vere of Norbiton Portrait Baroness Vere of Norbiton (Con)
- View Speech - Hansard - -

My Lords, can the Minister define a “working person”?

Lord Livermore Portrait Lord Livermore (Lab)
- View Speech - Hansard - - - Excerpts

A working person is someone who goes out to work.