House of Commons Amendments

Session 2010 - 12
Internet Publications
Other Bills before Parliament

11

House of Commons

Notices of Amendments

given up to and including

Friday 20 April 2012

New Amendments handed in are marked thus

Amendments which will comply with the required notice period at their next appearance

Public Bill Committee

Finance (No. 4) Bill

(Except Clauses 1, 4, 8, 189 and 209, Schedules 1, 23 and 33,

and any new Clauses and new Schedules first appearing on the Order Paper not later than

Tuesday 17 April 2012 and relating to value added tax)

Note

The Amendments have been arranged in accordance with the Order to be

proposed by David Gauke.

David Gauke

To move, That the Bill be considered in the following order: Clauses 2 and 3; Clauses

5 to 7; Clauses 9 to 19; Schedule 2; Clause 20; Schedule 3; Clause 21; Schedule 4; Clauses

22 to 31; Schedule 5; Clauses 32 to 36; Clause 215; Clauses 37 and 38; Schedule 6; Clause

39; Schedule 7; Clause 40; Schedule 8; Clauses 41 and 42; Schedule 9; Clause 43;

Schedule 10; Clause 44; Schedule 11; Clauses 45 to 47; Schedule 12; Clause 48; Schedule

13; Clause 49; Schedule 14; Clauses 50 and 51; Schedule 15; Clauses 52 to 146; Schedule

16; Clause 147; Schedule 17; Clauses 148 to 176; Schedule 18; Clause 177; Schedule 19;

Clauses 178 to 180; Schedule 20; Clauses 181 to 183; Schedule 21; Clause 184; Schedule

22; Clauses 185 to 188; Clause 190; Schedule 24; Clauses 191 to 193; Schedule 25;

Clauses 194 and 195; Schedule 26; Clauses 196 to 201; Schedule 27; Clause 202;

Schedule 28; Clauses 203 to 205; Schedules 29 to 31; Clauses 206 and 207; Schedule 32;

Clause 208; Clauses 210 to 212; Schedule 34; Clauses 213 and 214; Clause 216; Schedule

35; Clauses 217 and 218; Schedule 36; Clauses 219 to 221; Schedule 37; Clauses 222 to

225; Schedule 38; Clauses 226 and 227; new Clauses other than those first appearing on

the Order Paper not later than Tuesday 17 April and relating to value added tax; new

Notices of Amendments: 20 April 2012
12

Finance (No. 4) Bill, continued

Schedules other than those first appearing on the Order Paper not later than Tuesday 17

April and relating to value added tax; remaining proceedings on the Bill.

Ed Balls

Rachel Reeves

Owen Smith

Cathy Jamieson

Chris Leslie

8


Clause  2,  page  2,  line  27,  at end add—

‘(3)
The Chancellor of the Exchequer shall review the impact of the setting of the

basic rate limit on increasing the number of higher rate income tax payers and

place a copy of the review in the Library of the House of Commons.’.

Ed Balls

Rachel Reeves

Owen Smith

Cathy Jamieson

Chris Leslie

9


Clause  2,  page  2,  line  27,  at end add—

‘(3)
The Chancellor of the Exchequer shall review the impact that setting the basic

rate limit will have on average tax rates paid by total income and a copy of the

report shall be placed in the House of Commons Library.’.

Ed Balls

Rachel Reeves

Owen Smith

Cathy Jamieson

Chris Leslie

10


Clause  3,  page  2,  line  33,  at end add—

‘(3)
The Chancellor of the Exchequer shall review the overall impact on families of

this section compared with other measures the Government is introducing and

place a copy of the review in the Library of the House of Commons.’.

Ed Balls

Rachel Reeves

Owen Smith

Cathy Jamieson

Chris Leslie

4


Clause  5,  page  4,  line  12,  at end add—

‘(3)
The Chancellor of the Exchequer shall review the impact of the corporate tax

structure including the principle rates and investment allowances on the level of

Notices of Amendments: 20 April 2012
13

Finance (No. 4) Bill, continued

business investment, and place a copy of the review in the Library of the House

of Commons.’.

Ed Balls

Rachel Reeves

Owen Smith

Cathy Jamieson

Chris Leslie

11


Clause  5,  page  4,  line  12,  at end add—

‘(3)
The Chancellor of the Exchequer shall review the impact of the corporate tax

structure on different sectors and place a copy of the review in the Library of the

House of Commons’.

Ed Balls

Rachel Reeves

Owen Smith

Cathy Jamieson

Chris Leslie

12


Clause  5,  page  4,  line  12,  at end add—

‘(3)
The Chancellor of the Exchequer shall review the impact of the corporation tax

rate on growth, jobs, and investment in the economy, and produce a plan for jobs

and growth, which he shall lay before the House of Commons.’.

Ed Balls

Rachel Reeves

Owen Smith

Cathy Jamieson

Chris Leslie

5


Clause  6,  page  4,  line  19,  at end add—

‘(4)
The Chancellor of the Exchequer shall review the evidence in favour of using

reductions in the headline rate of corporation tax as a means of promoting long

term international competitiveness and place a copy of the review in the Library

of the House of Commons.’.

Ed Balls

Rachel Reeves

Owen Smith

Cathy Jamieson

Chris Leslie

6


Clause  7,  page  4,  line  28,  at end add—

Notices of Amendments: 20 April 2012
14

Finance (No. 4) Bill, continued

‘(4)
The Chancellor of the Exchequer shall review the impact of the corporate tax

structure on businesses of different sizes, and shall place a copy of the review in

the Library of the House of Commons.’.

Ed Balls

Rachel Reeves

Owen Smith

Cathy Jamieson

Chris Leslie

7


Clause  9,  page  5,  line  44,  at end add—

‘(9)
The Chancellor of the Exchequer shall review the ability of HMRC to deliver the

anti-avoidance measures contained in this section and lay a report of his review

before Parliament.’.

Nigel Mills

14


Schedule  3,  page  185,  line  3,  at end insert—

‘37A (1)
Section 1074 (“Additional deduction in calculating profits of trade”) is

amended as follows.

      (2)
In section (i) leave out “and C” and insert “C and D”.

      (3)
After subsection (4) insert—

“(4A)
Condition D is that any intellectual property created as a result of the

research and development is or will be vested in a company whose

income is within the change to corporation tax”.’.

Nigel Mills

13


Clause  23,  page  14,  line  36,  leave out subsections (8) to (12).

Stephen Williams

Mark Durkan

Caroline Lucas

2

Clause  180,  page  105,  line  19,  at end add—

‘(2)
Notwithstanding the provisions of Part 4 of Schedule 20, the Schedule will not

come into force until a full impact assessment has been prepared in conjunction

with the Department for International Development reviewing the effect on

developing countries’ tax revenue, and details of aid and technical assistance

being provided to developing countries in order to increase the capability and

Notices of Amendments: 20 April 2012
15

Finance (No. 4) Bill, continued

technical expertise in their tax regimes to collect the taxes that are due in their

countries, has been laid before and approved by the House of Commons.’.

Mark Durkan

Caroline Lucas

1

Page  105,  line  13,  leave out Clause 180.

NEW CLAUSES

Bingo Duty

John Hemming

NC1

To move the following Clause:—

‘(1)
BGDA 1981 is amended as follows.

(2)
In section 17(1)(b) of BGDA 1981 (bingo duty chargeable at 20 per cent of bingo

promotion profits), for “20” substitute “15”.

(3)
The amendment made by subsection (2) has effect in relation to accounting

periods beginning on or after 30 April 2012.’.

Levy on obligated energy suppliers

Caroline Lucas

NC2

To move the following Clause:—

‘The Treasury shall prepare a report on the introduction of a levy on the profits of

obligated energy suppliers, with money raised to be put towards a country-wide

domestic energy efficiency programme prioritising those in fuel poverty, and

report to Parliament with proposals within three months of Royal Assent to this

Act.’.

Stephen Williams

Mark Durkan

Caroline Lucas

3

Schedule  20,  page  520,  line  31,  at end insert—

‘42A
Notwithstanding the provisions of this Part, this Schedule will not come into

force until a full impact assessment has been prepared in conjunction with the

Department for International Development reviewing the effect on developing

countries’ tax revenue, and details of aid and technical assistance being

Notices of Amendments: 20 April 2012
16

Finance (No. 4) Bill, continued

provided to developing countries in order to increase the capability and

technical expertise in their tax regimes to collect the taxes that are due in their

countries, has been laid before and approved by the House of Commons.’.

Order of the House [16 April 2012]

That the following provisions shall apply to the Finance (No. 4) Bill:

Commital

1.
The following shall be committed to a Committee of the whole House—

(a)
Clauses 1, 4, 8, 189 and 209;

(b)
Schedules 1, 23 and 33;

(c)
any new Clauses and any new Schedules, first appearing on the Order

Paper not later than Tuesday 17 April 2012 and relating to value

added tax.

2.
The remainder of the Bill shall be committed to a Public Bill Committee.

Proceedings in Committee

3.      (1)
Proceedings in Committee of the whole House shall be completed in

two days.

(2)
Those proceedings shall be taken on each of those days as shown in

the first column of the following table and in the order so shown.

(3)
Each part of the proceedings shall (so far as not previously

concluded) be brought to a conclusion at the time specified in

relation to it in the second column of the Table.

(4)
Standing Order No. 83B (Programming committees) shall not apply

to proceedings in Committee of the whole House.

              TABLE

Proceedings
Time for conclusion of proceedings

First day

Clause 1
Three hours after the commencement

of proceedings on the Bill.

Clause 209 and Schedule 33
Five hours after the commencement

of proceedings on the Bill.

New Clauses or new
Seven hours after the

Schedules first appearing on
commencement of proceedings on

the Order paper not later than
the Bill.

Tuesday 17 April 2012 and

relating to value added tax.

Clause 189 and Schedule 23
Eight and a quarter hours after the

commencement of proceedings on

the Bill.

Second day

Clause 4
Three hours after the commencement

of proceedings on the Bill.

Clause 8 and Schedule 1
At 6.00 pm on the second day.

Notices of Amendments: 20 April 2012
17

Finance (No. 4) Bill, continued

4.      (1)
Proceedings in the Public Bill Committee shall (so far as not

previously concluded) be brought to a conclusion on Tuesday 26

June 2012.

(2)
The Public Bill Committee shall have leave to sit twice on the first

day on which it meets.

5.
When the provisions of the Bill considered, respectively, by the Committee

of the whole House and by the Public Bill Committee have been reported to

the House, the Bill shall be proceeded with as if it had been reported as a

whole to the House from the Public Bill Committee.

Consideration and Third Reading

6.
Proceedings on Consideration and on Third Reading shall be completed in

two days.

7.
Standing Order No. 83B (Programming committees) shall not apply to

proceedings on Consideration and Third Reading.



© Parliamentary copyright	Revised 23 April 2012