UK Economy: Capital Gains Tax Debate

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Department: HM Treasury

UK Economy: Capital Gains Tax

Baroness Vere of Norbiton Excerpts
Wednesday 9th October 2024

(2 months, 1 week ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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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)
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My Lords, can the Minister define a “working person”?

Lord Livermore Portrait Lord Livermore (Lab)
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A working person is someone who goes out to work.