House of Commons Amendments

Session 2014 - 15
Internet Publications
Other Bills before Parliament

Public Bill Committee: 10 June 2014
104

Finance Bill, continued

NEW CLAUSES

Ed Balls

Chris Leslie

Cathy Jamieson

Catherine McKinnell

Shabana Mahmood

NC1

To move the following Clause—

“Lower rate of tax

(1)
The Chancellor of the Exchequer shall, within six months of Royal Assent, lay

before Parliament a report containing proposals for an income tax rate of 10 per

cent on a band of income above the personal allowance.

(2)
The report mentioned in subsection (1) above shall provide for the full benefit of

the 10 per cent. rate not being available to taxpayers paying the higher or

additional rates of tax.”

Ed Balls

Chris Leslie

Cathy Jamieson

Catherine McKinnell

Shabana Mahmood

NC2

To move the following Clause—

“Higher rate of tax

(1)
The Chancellor of the Exchequer shall, within three months of the passing of this

Act, undertake a review of the number of people paying the 40 per cent rate of

income tax in the years—

(a)
2010-2011;

(b)
2011-2012;

(c)
2012-2013; and

(d)
2013-2014.

(2)
The Chancellor of the Exchequer must publish the report of the review and lay

the report before the House.”

Ed Balls

Chris Leslie

Cathy Jamieson

Catherine McKinnell

Shabana Mahmood

NC3

To move the following Clause—

Public Bill Committee: 10 June 2014
105

Finance Bill, continued

“Personal allowance for those born after 5 April 1948

The Chancellor of the Exchequer shall, within three months of the passing of this

Act, undertake a review of the impact of the removal of the age-related personal

allowance on anyone who reached the age of 65 on or after April 2013 and place

a copy in the Library.”

Ed Balls

Chris Leslie

Cathy Jamieson

Catherine McKinnell

Shabana Mahmood

NC4

To move the following Clause—

“Capital gains tax and employee shareholders

(1)
The Chancellor of the Exchequer shall, within three months of the passing of this

Act, undertake a review of the impact on tax revenues of employee shareholder

status as defined by section 205A of the Employment Rights Act 1996, and set

out the conclusion of the review in a report.

(2)
The report referred to in subsection (1) above must in particular set out—

(a)
the impact on total capital gains tax receipts paid to the Exchequer arising

from the capital gains exemptions under section 236B of the Taxation of

Chargeable Gains Act 1992;

(b)
the estimated value of shares owned by employees working in employee

shareholder jobs and the number of such employees.

(3)
The Chancellor of the Exchequer must publish the report of the review and lay

the report before the House.

(4)
Subsequent reviews must be completed before the end of each period of 12

months beginning with the date on which the previous review was completed.”

Ed Balls

Chris Leslie

Cathy Jamieson

Catherine McKinnell

Shabana Mahmood

NC5

To move the following Clause—

“Review of reform to the annual investment allowance

(1)
The Chancellor of the Exchequer shall, within three months of the passing of this

Act, undertake a review of the impact on business investment of changes to

section 51A of the Capital Allowance Act 2001 made by the Finance Act 2011.

Public Bill Committee: 10 June 2014
106

Finance Bill, continued

(2)
The Chancellor of the Exchequer must publish the report of the review and lay

the report before the House.”

Ed Balls

Chris Leslie

Cathy Jamieson

Catherine McKinnell

Shabana Mahmood

NC6

To move the following Clause—

“Report on the additional rate of income tax

(1)
The Chancellor of the Exchequer shall, within three months of the passing of this

Act, publish a report on the additional rate of income tax.

(2)
This report shall review the impact upon Exchequer receipts of setting the

additional rate to 50 per cent in the tax year 2014-15.

(3)
The report shall review what impact reducing the additional rate for 2013-14 had

on the amount of income tax currently paid by those with taxable incomes of—

(a)
over £150,000 per year; and

(b)
over £1,000,000 per year.

(4)
The report shall review what impact the reduction in the additional rate for 2013-

14 had on the level of bonuses awarded in the financial sector in April 2013.”

Cathy Jamieson

Catherine McKinnell

Shabana Mahmood

NC7

To move the following Clause—

“False self-employment in the construction sector

(1)
The Chancellor of the Exchequer shall, within three months of Royal Assent,

undertake a review of disguised self-employment in the construction sector.

(2)
The report referred to in subsection (1) above must in particular examine the

setting of criteria for automatically deeming people to be employed for tax

purposes if they meet those critieria.

(3)
The Chancellor of the Exchequer must publish the report of the review and lay

the report before the House.”

Public Bill Committee: 10 June 2014
107

Finance Bill, continued

Ed Balls

Chris Leslie

Shabana Mahmood

Cathy Jamieson

Catherine McKinnell

NC8

To move the following Clause—

Pension flexibility: Treasury analysis

(1)
The Chancellor of the Exchequer shall, within six months of this Act receiving

Royal Assent, publish and lay before the House of Commons any analysis

prepared by the Treasury prior to the publication of Budget 2014 relating to the

impact of changes made by sections 39 to 43 of this Act to Schedules 28 and 29

to the Finance Act 2004.

(2)
The information published under subsection (1) must include—

(a)
any assessment made of the impact of the provision for independent face

to face guidance on the 2004 Act;

(b)
the distributional impact, by income decile of the population, of changes

made by sections 39 to 43 of this Act;

(c)
a behavioural analysis; and

(d)
the financial risk assessment.”

Order of the House [1 April 2014]

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, 5 to 7, 11, 72 to 74 and 112;

(b)
Schedule 1;

(c)
any new Clauses, and any new Schedules, relating to—


          (i) tax relief in connection with the costs of childcare, or


            (ii) income tax allowances for parties to a marriage or civil

              partnership, or


         (iii) air passenger duty, or


          (iv) the rate of the bank levy, or


             (v) the subject matter of Clause 1, or


          (vi) the subject matter of Clauses 5 to 7 and Schedule 1.

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.

Public Bill Committee: 10 June 2014
108

Finance Bill, continued

          TABLE

Proceedings
Time for conclusion of

proceedings

First Day

New Clauses and new Schedules relating
3.30pm on the first day

to the subject matter of Clauses 5 to 7 and

Schedule 1; Clauses 5 to 7; Schedule 1

New Clauses and new Schedules relating
5.30pm on the first day

New Clauses and new Schedules relating
7.30pm on the first day

to tax relief in connection with the costs of

Second Day

New Clauses and new Schedules relating
4.00pm on the second day

to income tax allowances for parties to a

marriage or civil partnership; Clause 11

New Clauses and new Schedules relating
6.00pm on the second day

New Clauses and new Schedules relating
8.00pm on the second day

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

concluded) be brought to a conclusion on Tuesday 17 June 2014.

5.
The Public Bill Committee shall have leave to sit twice on the first day on

which it meets.

6.
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

7.
Proceedings on consideration and on Third Reading shall be completed in

two days.

8.
Standing Order No. 83B (programming committees) shall not apply to

proceedings on Consideration and Third Reading.

Order of the Committee [29 April 2014]

That—

(1)
The Committee shall (in addition to its first meeting at 9.10 am on Tuesday

29 April) meet—

(a)
at 2.00 pm on Tuesday 29 April;

(b)
at 11.30 am and 2.00 pm on Thursday 1 May;

(c)
at 3.30 pm on Tuesday 6 May;

(d)
at 11.30 am and 2.00 pm on Thursday 8 May;

Public Bill Committee: 10 June 2014
109

Finance Bill, continued

(e)
at 9.10 am and 2.00 pm on Tuesday 13 May;

(f)
at 9.10 am and 2.00 pm on Tuesday 10 June;

(g)
at 11.30 am and 2.00 pm on Thursday 12 June;

(h)
at 9.10 am and 2.00 pm on Tuesday 17 June.

(2)
Proceedings on consideration of the Bill in Committee shall be taken in the

following order: Clauses 2 to 4; Clauses 8 to 10; Schedule 2; Clauses 12 to

15; Schedule 3; Clauses 16 to 18; Clauses 20 and 21; Clause 19; Clauses 22

to 41; Schedule 4; Clauses 42 and 43; Schedule 5; Clauses 44 to 48; Schedule

6; Clause 49; Schedule 7; Clause 50; Schedule 8; Clauses 51 to 53; Schedules

9 and 10; Clauses 54 to 56; Clause 284; Clauses 57 to 64; Schedule 11; Clause

65; Schedule 12; Clauses 66 to 68; Schedule 13; Clauses 69 to 71; Clauses 75

to 80; Schedule 14; Clauses 81 to 85; Schedule 15; Clauses 86 to 93;

Schedule 16; Clauses 94 and 95; Schedule 17; Clauses 96 to 100; Schedule

18; Clauses 101 to 106; Schedule 19; Clauses 107 and 108; Schedule 20;

Clauses 109 and 110; Schedule 21; Clause 111; Clause 113; Schedule 22;

Clauses 114 to 170; Schedule 23; Clauses 171 to 189; Schedule 24; Clause

190; Schedule 25; Clauses 191 to 202; Schedule 26; Clauses 203 to 208;

Schedule 27; Clauses 209 to 221; Schedule 28; Clauses 222 to 226; Schedule

29; Clauses 227 to 230; Schedule 30; Clauses 231 to 267; Schedule 31;

Clauses 268 to 274; Schedule 32; Clauses 275 to 283; Schedule 33; Clauses

285 to 289; Schedule 34; Clauses 290 to 295; new Clauses other than those

relating to tax relief in connection with the costs of childcare or income tax

allowances for parties to a marriage or civil partnership or air passenger duty

or the rate of the bank levy or the subject matter of Clause 1 or the subject

matter of Clauses 5 to 7 and Schedule 1; new Schedules other than those

relating to tax relief in connection with the costs of childcare or income tax

allowances for parties to a marriage or civil partnership or air passenger duty

or the rate of the bank levy or the subject matter of Clause 1 or the subject

matter of Clauses 5 to 7 and Schedule 1; remaining proceedings on the Bill.

(3)
The proceedings shall (so far as not previously concluded) be brought to a

conclusion at 5.00 pm on Tuesday 17 June.



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