Session 2012 - 13
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Other Bills before Parliament


 
 

Public Bill Committee: 19 June 2012                     

198

 

Finance Bill, continued

 
 

Elections under section 9A of CTA 2010

 

49B(1)  

This paragraph applies if—

 

(a)    

during a company’s accounting period within the meaning of Chapter

 

4 of Part 17 of ICTA a notice is given in relation to the company under

 

paragraph 4(2C) of Schedule 24 to ICTA,

 

(b)    

as a result of that, the company is to be assumed under paragraph

 

4(2C) of Schedule 24 to ICTA to have made an election under section

 

9A of CTA 2010,

 

(c)    

the assumed election—

 

(i)    

does not cease to have effect before the end of the company’s

 

last accounting period within the meaning of Chapter 4 of Part

 

17 of ICTA to begin before 1 January 2013, and

 

(ii)    

apart from the repeal of that Chapter by paragraph 14 above,

 

would not have ceased to have effect at the end of that period,

 

and

 

(d)    

the company is a CFC immediately after the end of its last accounting

 

period mentioned in paragraph (c) and its first accounting period

 

within the meaning of Part 9A of TIOPA 2010 begins at that time

 

accordingly.

 

      (2)  

In the application of Part 9A of TIOPA 2010 in relation to the company as a

 

CFC, the assumption mentioned in sub-paragraph (1)(b) is to continue to be

 

made as if it were required to be made by section 371SH(2) of TIOPA 2010.’.

 

David Gauke

 

116

 

Schedule  20,  page  522,  line  10,  leave out from ‘exempt’ to end of line 12 and insert

 

‘period—

 

(i)    

does not end before the end of the company’s last accounting

 

period within the meaning of Chapter 4 of Part 17 of ICTA to

 

begin before 1 January 2013, and

 

(ii)    

apart from the repeal of that Chapter by paragraph 14 above,

 

would not have ended at the end of that period, and’.

 

David Gauke

 

117

 

Schedule  20,  page  522,  line  29,  after ‘exemption’ insert ‘or section 371JE of

 

TIOPA 2010’.

 


 

Graeme Morrice

 

Grahame M. Morris

 

191

 

Clause  186,  page  107,  line  9,  at end insert—

 

‘(3A)    

The Chancellor of the Exchequer shall review the wider economic impact of the

 

duty increases imposed by subsection 3 on the beer and pub industry, and

 

consumers, and shall lay a report of his review in the House of Commons

 

Library.’.

 



 
 

Public Bill Committee: 19 June 2012                     

199

 

Finance Bill, continued

 
 

Graeme Morrice

 

Grahame M. Morris

 

193

 

Schedule  24,  page  542,  line  11,  leave out ‘20%’ and insert ‘15%’.

 

Graeme Morrice

 

Grahame M. Morris

 

192

 

Schedule  24,  page  542,  line  34,  at end insert—

 

‘Allowable deductions from duty payable

 

11A(1)  

A taxable person shall be entitled to reduce the amount of duty payable in an

 

accounting period by an amount equal to the irrecoverable VAT brought about

 

solely as a result of changes to the VAT liability of income from Machine

 

Games resulting from the introduction of the duty (“Newly Irrecoverable

 

VAT”), to be calculated as follows:

 

      (2)  

“Newly Irrecoverable VAT” for the purposes of sub-paragraph (1) will be

 

calculated as follows:

 

(a)    

at the time the taxable person carries out the “longer period

 

adjustment” calculations and capital goods scheme adjustments for the

 

purposes of Part 14 to 16 of the VAT Regulations 1995, he shall, in

 

accordance with the method in place under those Parts, for that longer

 

period, identify—

 

(i)    

the amount of irrecoverable VAT incurred during that longer

 

period based on income from Machine Games being exempt

 

for VAT purposes; and

 

(ii)    

the amount of irrecoverable VAT that would be incurred had

 

income from Machine Games remained liable to VAT at the

 

standard rate;

 

(b)    

Newly Irrecoverable VAT will be calculated by subtracting the

 

amount under (ii) above from (i) above.

 

      (3)  

On each duty return in the year following the VAT longer period adjustment,

 

a taxable person shall be entitled to provisionally reduce the amount of duty

 

payable by an amount equal to one quarter of the amount calculated under sub-

 

paragraph (2) above.

 

      (4)  

At the end of the year in which provisional quarterly reductions have been

 

carried out under sub-paragraph (3) above, a taxable person shall carry out the

 

calculation under sub-paragraph (2) above and compare it to the total provision

 

reduction for the year. Any difference shall serve to increase, or decrease, the

 

duty due in the accounting period in which the calculation is made.

 

      (5)  

Should the reduction of the amount of duty payable arising from Newly

 

Irrecoverable VAT result in a negative amount of duty in any accounting

 

period the provisions of paragraph (10) (negative amounts of duty) shall apply.

 

      (6)  

For the purposes of this paragraph, any references to terms imported from Part

 

14 to 16 of the VAT Regulations 1995 shall have the same meaning as defined

 

in those Regulations.’.

 

Graeme Morrice

 

Grahame M. Morris

 

194

 

Schedule  24,  page  557,  line  16,  at end insert—

 

‘49A      

In the Machine Games Duty (Exemptions) Order 2012, after Article 5, insert

 

the following—


 
 

Public Bill Committee: 19 June 2012                     

200

 

Finance Bill, continued

 
 

“Skill with prize machines

 

6.1      

Playing a skill with prize game is to be a specified circumstance.

 

6.2      

A game shall be a skill with prize game if it is not a game of chance

 

in accordance with Section 6(2) of the Gambling Act 2005.”’.

 


 

Ed Balls

 

Rachel Reeves

 

Catherine McKinnell

 

Cathy Jamieson

 

Chris Leslie

 

200

 

Parliamentary Star    

Clause  195,  page  112,  line  25,  at end add—

 

‘(2)    

No new Order shall be made under section 30(4) or 31(2) of the Value Added Tax

 

Act 1994 unless the Chancellor of the Exchequer has reviewed the full impact of

 

those changes on jobs, living standards and businesses, and placed the review in

 

the Library of the House of Commons.’.

 


 

Seema Malhotra

 

197

 

Parliamentary Star    

Schedule  31,  page  605,  line  2,  after ‘April’, leave out ‘2013’ and insert ‘2017’.

 

Seema Malhotra

 

198

 

Parliamentary Star    

Schedule  31,  page  605,  line  4,  after ‘April’, leave out ‘2013’ and insert ‘2017’.

 

Seema Malhotra

 

199

 

Parliamentary Star    

Schedule  31,  page  605,  line  4,  at end add—

 

‘(4)    

The Chancellor of the Exchequer shall conduct a review of the expected impact

 

on carbon emissions, security of supply and industrial competiveness of the

 

removal, in 2017, from combined heat and power plants of the Climate Change

 

Levy exemption for indirect supplies of electricity and shall, by 31 December

 

2012, lay a report of his review in the House of Commons Library.’.

 



 
 

Public Bill Committee: 19 June 2012                     

201

 

Finance Bill, continued

 
 

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

 

Katy Clark

 

Kate Hoey

 

Kelvin Hopkins

 

Mr Dai Havard

 

Mark Durkan

 

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.’.

 


 

Fuel duty differential for biodiesel

 

Stephen Williams

 

Ian Swales

 

NC3

 

To move the following Clause:—

 

‘(1)    

The Biodiesel Duty (Biodiesel produced from waste cooking oil) (Relief)

 

Regulations 2010 (S.I. 2010/984) shall be deemed not to have ceased to have

 

effect on 31 March 2012 and shall continue in force.


 
 

Public Bill Committee: 19 June 2012                     

202

 

Finance Bill, continued

 
 

(2)    

No further Regulations may be made under the Hydrocarbon Oil Duties Act 1979

 

which would have the effect of removing or reducing the relief provided for by

 

the Regulations mentioned in subsection (1) until a full impact assessment of the

 

impact of the removal of a fuel duty differential for biodiesel has been laid before

 

Parliament.’.

 

 

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.

 

 
 

Public Bill Committee: 19 June 2012                     

203

 

Finance 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.

 

 

Order of the Committee [24 APRIL 2012]

 

That—

 

(1)  

the Committee shall (in addition to its first meeting at 10.30 am on Tuesday

 

24 April) meet—

 

(a)  

at 4.30 pm on Tuesday 24 April;

 

(b)  

at 9.00 am and 1.00 pm on Thursday 26 April;

 

(c)  

at 10.30 am and 4.30 pm on Tuesday 22 May;

 

(d)  

at 9.00 am and 1.00 pm on Thursday 24 May;

 

(e)  

at 10.30 am and 4.30 pm on Tuesday 12 June;

 

(f)  

at 9.00 am and 1.00 pm on Thursday 14 June;

 

(g)  

at 10.30 am and 4.30 pm on Tuesday 19 June;

 

(h)  

at 9.00 am and 1.00 pm on Thursday 21 June;

 

(i)  

at 10.30 am and 4.30 pm on Tuesday 26 June;

 

(2)  

proceedings on consideration of the Bill in Committee shall be taken 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;


 
 

Public Bill Committee: 19 June 2012                     

204

 

Finance Bill, continued

 
 

new 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;

 

(3)  

the proceedings shall (so far as not previously concluded) be brought to a

 

conclusion at 9.00 pm on Tuesday 26 June.

 


 
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Revised 19 June 2012