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Health and Social Care Levy Repeal Bill - Clause 1 - Repealing the Health and Social Care Levy Act 2021

11 October 2022

Lead MP

Chris Philp

Debate Type

Bill Debate

Tags

EconomyTaxation
Other Contributors: 29

At a Glance

Chris Philp raised concerns about health and social care levy repeal bill - clause 1 - repealing the health and social care levy act 2021 in the House of Commons. Other MPs contributed to the debate.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Lead Contributor

Opened the debate
The Minister moved to repeal the health and social care levy, arguing that it would encourage economic growth through lower taxation and incentivize companies and high-potential individuals to choose the UK over other locations. He emphasised the importance of reducing cost-of-living pressures on constituents by alleviating tax burdens immediately. The plan aims to deliver 2.5% annual growth for at least five years, which would generate approximately £47 billion in additional tax revenue by year five.
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