Taxation of Pensions Bill

Debate between Eleanor Laing and Cathy Jamieson

Wednesday 3rd December 2014 Commons Chamber

[Cathy Jamieson (Kilmarnock and Loudoun) (Lab/Co-op)]

I beg to move, That the clause be read a Second time.

[Madam Deputy Speaker (Mrs Eleanor Laing)]

With this it will be convenient to discuss the following:

New clause 2—Pension flexibility: Treasury review—

‘(1) The Chancellor of the Exchequer shall, within a period of no more than 18 months from 6 April 2015, publish and lay before the House of Commons a comprehensive review of the impact of the changes made by this Act to the Finance Act 2004 and the Income Tax (Earnings and Pensions) Act 2003.

(2) The information published under subsection (1) must include—

(a) the distributional impact, by income decile of the population, of changes made by this Act to the Finance Act 2004 and Income Tax (Earnings and Pensions) Act 2003;

(b) the impact on Exchequer revenues of measures contained within Schedule 2: Death of a Pension Scheme Member, related to changes to the taxation of pensions at death;

(c) a behavioural analysis;

(d) an analysis of the cumulative impact of this Act on Exchequer revenues;

(e) an analysis of the impact of this Act on the purchase of annuities.”

Amendment (a) to new clause 2, line 13 at end insert—

“() an analysis of the impact of the changes introduced by this Act on the housing market;”

[Cathy Jamieson]

It is a pleasure to be here this afternoon for Report stage and Third Reading, and I do not think I can quite do justice to the excitement and delight that I felt when I saw that the final stages were indeed to be taken straight after the autumn statement. I am sure that is a view shared by the Minister, who will also be grateful for this miraculous feat of scheduling. Given the vast numbers who have turned out to hear us this afternoon, the excitement is obviously broadly shared across the House.

This is a serious Bill, however, and we have serious matters to discuss this afternoon, so I will now turn to the content of new clauses 1 and 2. There is a certain symmetry to the scheduling of today’s proceedings, because the reforms in the Bill were first announced in the Budget statement and we are now discussing the Bill’s final stages alongside the autumn statement. We should be impressed—if that is the right word—by the speed with which the Government have rushed through these very significant pension reforms, although, given that we will now rush through something else even more quickly as a result of the autumn statement, perhaps I should have waited to hear that statement before writing that line in my script for this debate.

Dangerous Dogs

Debate between Eleanor Laing and Cathy Jamieson

Wednesday 14th March 2012 Commons Chamber

[Mrs Laing]

Yes, I entirely agree. The emphasis has to be on prevention. The House will be pleased to know that in the case I described, the little girl and her mother are now recovering. The little girl is having to endure a series of long operations, effectively to rebuild her ear. It is a dreadful thing for her to have to endure. We must all have in our minds the thought that the next child who is attacked by a vicious dog might not be fortunate enough to escape with injuries that the medical profession can put right.

[Cathy Jamieson (Kilmarnock and Loudoun) (Lab/Co-op)]

I thank the hon. Lady for giving way and congratulate her on securing the debate and on the work that she has done. Does she agree that criminal injuries compensation must be examined? I had a young constituent who suffered very bad injuries, and unfortunately she has not received any compensation whatever because it was deemed that there was no intent. Nobody set the dog on her, so she has had no compensation.

[Mrs Laing]

That is a very valid point, and when the Minister and his colleagues examine the consultation responses that they have received, I hope that they will consider the possibility of requiring insurance for dogs. The totally inadequate compensation that is being paid to my constituent’s family—£450 at a rate of £50 a month—does not even begin to cover the loss that they have endured through both the mother and father taking time off work, the costs of going to hospital and so on. Of course, they are thinking not about the money but about the health of their little daughter, but it is our duty to consider that side of things as well. I hope the Minister can give those matters adequate consideration.

I pay tribute to the many charities and organisations that campaign on such issues and that have taken part in the Government’s consultation. Since it was known that this debate would take place, I have been flooded with information by well-meaning and well-organised institutions that have taken the matter seriously for some time. I acknowledge their help and am sorry that I cannot mention all their points in the time available—I note that we have another hour and three quarters to go, but I shall limit my remarks to a reasonable length.

I pay tribute in particular to the Dogs Trust, the Royal Society for the Prevention of Cruelty to Animals, the Kennel Club, and the Communication Workers Union and its “Bite Back” campaign. Not surprisingly, there are calls from all sectors of society that we must do something.