Session 2013 - 14
Internet Publications
Other Bills before Parliament


 
 

Notices of Amendments: 27 June 2013                     

430

 

Finance Bill, continued

 
 

    

the individual’s spouse is entitled to an allowance for the tax year equal

 

to the amount of the transferable allowance subject to a maximum

 

amount, if any, specified by order.

 

(3)    

The individual’s transferable allowance is found by—

 

(a)    

taking any personal allowance to which the individual is entitled

 

for the tax year, and

 

(b)    

subtracting the amount of the individual’s income.

 

(4)    

For the purposes of this section “spouse” includes civil partners.

 

(5)    

For the purposes of this section an “order” means order made by statutory

 

instrument a draft of which has been laid before and approved by

 

resolution of the House of Commons.

 

(6)    

This section shall have effect for the tax year 2014-15 and subsequent

 

years.

 

37B    

Election for transfer of allowance under section 37A

 

(1)    

An election under section 37A—

 

(a)    

must be made not more than 4 years after the end of the tax year

 

to which it relates;

 

(b)    

cannot be withdrawn; and

 

(c)    

cannot be made before 6 April 2015.

 

(2)    

If an individual makes an election for a tax year under section 37A the

 

individual is treated as also giving notice under section 51(4) that section

 

51(1) (tax reductions for married couples: transfer of unused relief) is to

 

apply for the tax year.”.’.

 


 

Transfers to political parties (repeal)

 

Charlie Elphicke

 

NC2

 

To move the following Clause:—

 

‘Section 260(2)(b)(i) of the Taxation of Chargeable Gains Act 1992 shall be

 

repealed.’.

 


 

Transfers to political parties (report)

 

Charlie Elphicke

 

Stephen Williams

 

NC3

 

To move the following Clause:—

 

‘The Chancellor of the Exchequer shall, within three months of Royal Assent, lay

 

a report before Parliament assessing the extent of the use of section 260(2)(b)(i)


 
 

Notices of Amendments: 27 June 2013                     

431

 

Finance Bill, continued

 
 

of the Taxation of Chargeable Gains Act 1992 for tax avoidance and the fiscal

 

effects of repealing that provision.’.

 


 

Stamp duty reserve tax

 

Ed Balls

 

Chris Leslie

 

Cathy Jamieson

 

Catherine McKinnell

 

NC11

 

Parliamentary Star    

To move the following Clause:—

 

‘The Chancellor shall, within six months of Royal Assent, publish and lay before

 

the House of Commons a report detailing the distributional impact of any changes

 

to or abolition of Schedule 19 to the Finance Act 1999.’.

 


 

Ed Balls

 

Chris Leslie

 

Cathy Jamieson

 

Catherine McKinnell

 

55

 

Parliamentary Star    

Clause  1,  page  1,  line  7,  at end add—

 

‘(2)    

Income tax is charged for the tax year 2013-14, and for that tax year—

 

(a)    

the basic rate is 20%,

 

(b)    

the higher rate is 40%, and

 

(c)    

the additional rate is 50%.

 

(3)    

Income tax is charged for the tax year 2014-15, and for that tax year—

 

(a)    

the basic rate is 20%,

 

(b)    

the higher rate is 40%, and

 

(c)    

the additional rate is 50%.’.

 


 

Mr Angus MacNeil

 

Angus Robertson

 

Stewart Hosie

 

Dr Eilidh Whiteford

 

Pete Wishart

 

Mr Mike Weir

 

54

 

Parliamentary Star    

Page  110,  line  28,  leave out Clause 183.

 



 
 

Notices of Amendments: 27 June 2013                     

432

 

Finance Bill, continued

 
 

Ed Balls

 

Chris Leslie

 

Cathy Jamieson

 

Catherine McKinnell

 

56

 

Parliamentary Star    

Clause  203,  page  122,  line  18,  at end insert—

 

‘(4)    

Her Majesty’s Revenue and Customs shall review the possibility of bringing

 

forward measures as part of the GAAR to work in conjunction with other G8

 

countries to require multi-national companies to publish a single easily

 

comparable statement of the amount of corporation tax they pay in the UK.

 

(5)    

The Chancellor of the Exchequer shall review the effect of incorporating a global

 

standard for public registration of ownership of companies and trusts via a

 

convention on tax transparency, including a requirement on companies to publish

 

a single easily comparable statement of the amount of corporation tax they pay in

 

the UK, on Treasury tax receipts.

 

(6)    

The Chancellor of the Exchequer shall consider, when counteracting tax

 

advantages arising from tax arrangements that are abusive, what steps HM

 

Government could take, working alongside developing country governments, to

 

assess how UK companies could report their use of tax schemes that have an

 

impact on developing countries, and how the UK could assist in the recovery of

 

that tax.

 

(7)    

Within six months of the passage of Royal Assent, the Chancellor of the

 

Exchequer shall place copies of the review in the House of Commons Library,

 

and consult with G8 countries on their effectiveness.’.

 


 

Harriett Baldwin

 

52

 

Parliamentary Star    

Schedule  9,  page  213,  line  2,  at end insert—

 

‘(aa)    

the policy has an annual premium of £3,600 or less.’.

 

Harriett Baldwin

 

53

 

Parliamentary Star    

Schedule  9,  page  213,  line  2,  at end insert—

 

‘(ab)    

the policy is subject to capital gains tax.’.

 

 

ORDER OF THE HOUSE [15 April 2013]

 

That the following provisions shall apply to the Finance (No. 2) Bill:

 

Committal

 

1.    

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

 

(a)    

Clauses 1, 3, 16, 183, 184 and 200 to 212;

 

(b)    

Schedules 3 and 41;

 

(c)    

any new Clauses, and any new Schedules, first appearing on

 

the Order Paper not later than Tuesday 16 April 2013 and

 

relating to tax measures concerning housing; and

 

(d)    

any new Clauses, and any new Schedules, relating to value

 

added tax or the bank levy or air passenger duty or the

 

subject matter of Clauses 1 and 16 and Schedule 3 or the

 

subject matter of Clause 3 or the subject matter of Clauses


 
 

Notices of Amendments: 27 June 2013                     

433

 

Finance Bill, continued

 
 

203 to 212 and Schedule 41.

 

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.

 

              TABLE

 

Proceedings

Time for conclusion of

 
  

proceedings

 
 

First day

 
 

New Clauses and new

Two hours after the

 
 

Schedules relating to tax

commencement of proceedings

 
 

measures concerning housing

on the Bill

 
 

New Clauses and new

Four and a half hours after the

 
 

Schedules relating to the bank

commencement of proceedings

 
 

levy; Clauses 200 to 202

on the Bill

 
 

New Clauses and new

Seven hours after the

 
 

Schedules relating to the subject

commencement of proceedings

 
 

matter of Clauses 203 to 212

on the Bill

 
 

and Schedule 41; Clauses 203 to

  
 

212; Schedule 41

  
 

Proceedings

Time for conclusion of

 
  

proceedings

 
 

Second day

 
 

New Clauses and new

Two hours after the

 
 

Schedules relating to the subject

commencement of proceedings

 
 

matter of Clauses 1 and 16 and

on the Bill

 
 

Schedule 3; Clauses 1 and 16;

  
 

Schedule 3

  
 

New Clauses and new

Four and a half hours after the

 
 

Schedules relating to value

commencement of proceedings

 
 

added tax or the subject matter

on the Bill

 
 

of Clause 3; Clause 3

  
 

New Clauses and new

Six and a half hours after the

 
 

Schedules relating to air

commencement of proceedings

 
 

passenger duty; Clauses 183 and

on the Bill.

 
 

184

  
 

4.      (1)    

Proceedings in the Public Bill Committee shall (so far as not

 

previously concluded) be brought to a conclusion on Thursday 20


 
 

Notices of Amendments: 27 June 2013                     

434

 

Finance Bill, continued

 
 

June 2013.

 

(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.

 

 

Finance Bill (Programme No. 2)

 

Mr Chancellor of the Exchequer

 

That the following provisions shall apply to the Finance Bill for the purposes of

 

supplementing the Order of 15 April 2013 in the last Session of Parliament (Finance (No.

 

2) Bill (Programme)):

 

1.    

Proceedings on consideration shall be taken on the days shown in the

 

following Table and in the order so shown.

 

2.    

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

 

brought to a conclusion at the time specified in the second column of the

 

Table.

 

3.    

      

 

TABLE

 

First day

 
 

Proceedings

Time for conclusion of proceedings

 
 

New Clauses and new Schedules

Two and a half hours after the

 
 

relating to income tax rates

commencement of proceedings on

 
  

the motion for this order

 
 

New Clauses and new Schedules

Five hours after the commencement

 
 

relating to a mansion tax

of proceedings on the motion for

 
  

this order

 
 

New Clauses and new Schedules

12 midnight

 
 

standing in the name of a Minister

  
 

of the Crown other than New Clause

  
 

7; new Clauses and new Schedules

  
 

relating to the general anti-abuse

  
 

rule

  

 
 

Notices of Amendments: 27 June 2013                     

435

 

Finance Bill, continued

 
 

Second day

 
 

Proceedings

Time for conclusion of proceedings

 
 

Remaining new Clauses standing in

Two and a half hours after the

 
 

the name of a Minister of the

commencement of proceedings on

 
 

Crown; amendments standing in the

consideration on the second day

 
 

name of a Minister of the Crown

  
 

other than amendments to Schedule

  
 

18; new Clauses and new Schedules

  
 

relating to the impact, on revenue

  
 

from rates and measures in the

  
 

Finance Bill, resulting from the

  
 

Spending Review

  
 

Amendments to Clause 38 and

Four and a half hours after the

 
 

Schedule 18; remaining new

commencement of proceedings on

 
 

Clauses, and remaining new

consideration on the second day

 
 

Schedules, relating to tax measures

  
 

concerning housing

  
 

New Clauses and new Schedules

Six hours after the commencement

 
 

relating to the tax treatment of

of proceedings on consideration on

 
 

financial services; remaining

the second day

 
 

proceedings on consideration

  
 

4.    

Proceedings on Third Reading shall (so far as not previously concluded) be

 

brought to a conclusion one hour after the conclusion of proceedings on

 

consideration.

 


 
previous section contents
 

© Parliamentary copyright
Revised 28 June 2013