Robert Neill
Main Page: Robert Neill (Conservative - Bromley and Chislehurst)Department Debates - View all Robert Neill's debates with the HM Treasury
(2 years, 2 months ago)
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Kwasi Kwarteng
We are backing the hon. Gentleman’s communities—by reducing taxes, by creating the potential for investment zones and through the energy intervention. There is a whole host of measures that are backing ordinary, hard-working people.
Sir Robert Neill (Bromley and Chislehurst) (Con)
I welcome much of the announcement, particularly the change to IR35. As the Chancellor will know, that has caused real distress and injustice to many honest, hard-working self-employed people. I also welcome the changes to stamp duty, but will he bear in mind—I am sure he does, as a Conservative—that we also believe in sound money and we must keep an eye on inflation? We do not want the benefit of the stamp duty cut to be eroded for many homeowners by increased mortgage costs.
Kwasi Kwarteng
Absolutely. My hon. Friend will understand that, historically, we have managed to get out of high periods of debt by growing our economy. That is why we have a renewed focus on growth. What we cannot do is simply tax our way to prosperity; that has never happened before.