Stephen Hammond
Main Page: Stephen Hammond (Conservative - Wimbledon)Department Debates - View all Stephen Hammond's debates with the HM Treasury
Financial Statement
Stephen Hammond Excerpts(2 years, 8 months ago)
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Stephen Hammond (Wimbledon) (Con)
I thank the Chancellor for his statement, which has been warmly welcomed by the people and businesses of Wimbledon, and commend him for his analysis of some of the challenges to the economy. One measure that he could move from temporary to permanent is the super deduction, so will he consider that as part of his consultation? I think it is already evident that this would be the most effective way of changing behaviour and securing greater R&D and capital expenditure.
Rishi Sunak
I thank my hon. Friend for what he has said, and look forward to discussing those topics with him over the coming months. The document outlines a range of options for cutting taxes on investment. Hopefully he will have a chance to digest those, and I look forward to discussing them with him.