Maggie Throup
Main Page: Maggie Throup (Conservative - Erewash)Department Debates - View all Maggie Throup's debates with the HM Treasury
(1 month, 3 weeks ago)
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Jeremy Hunt
Because we are taking legal action, and as the hon. Gentleman knows full well, when we take legal action, that information belongs to the police.
The Chancellor of the Exchequer (Jeremy Hunt)
The spring Budget delivered personal tax cuts, including cuts to national insurance, for 29 million workers. That means that someone on the average salary has the lowest effective personal tax rate since 1975, and that is the lowest effective tax rate of any G7 country.
Maggie Throup
While responsible tax cuts, such as the £900 cut to national insurance contributions, are welcome, can my right hon. Friend update the House on when we can expect VAT to be abolished on high-factor sunscreen? That would not only help to protect more people from one of the leading causes of preventable cancer, but could save the NHS approximately £55 billion.
Jeremy Hunt
My hon. Friend and I have talked about this issue on many occasions. She will know that high-factor sunscreen is on NHS prescription for certain conditions and is VAT-free when dispensed by a chemist. With my Chancellor hat on, I should say that we have had £50 billion of requests for VAT relief since Brexit. It is great to have the freedom to make those changes, but we have to be honest about the trade-offs. In particular, we must ensure that if we do apply reliefs, the benefits are fed through to consumers.