Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Helen Morgan Excerpts
Tuesday 17th May 2022

(2 years, 6 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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Sadly, nothing we can do from this Dispatch Box can change global oil prices, but we can reduce the taxes that we are responsible for. That tax cut, together with the freeze, is worth, this year, about £100 for a typical family driver, £200 or more for a van driver, and almost £1,500 for an HGV driver.

Helen Morgan Portrait Helen Morgan (North Shropshire) (LD)
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T10. It is not only households that are impacted by the cost of living emergency; businesses in North Shropshire are facing unimaginable and unmanageable increases in their fuel bills and other input costs, and this has been compounded by the national insurance tax rise imposed by this Government and paid by employers. Does the Chancellor agree that the increase in national insurance for employers should be scrapped to keep our small businesses in business?

Simon Clarke Portrait Mr Simon Clarke
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We are absolutely determined to reduce the burden of tax facing both businesses and individuals. We have already heard during the course of these exchanges about the action we have taken, for example, on the employment allowance and on business rates, which is precisely designed to help businesses succeed in what is obviously a challenging environment.