Session 2016-17
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Other Bills before Parliament


 
 

1

 

SUPPLEMENT TO THE VOTES AND PROCEEDINGS

 
 

Monday 27 June 2016

 

Committee of the whole House

 

Proceedings

 

Finance Bill


 

(Clauses 7 to 18 and Schedules 2 and 3; Clauses 41 and 42; Clauses 43 and 44; Clauses 65 to


 

71; Clauses 72 to 81 and Schedules 11 to 14; Clause 129; Clauses 132 to 136; Clauses 144 to


 

154 and Schedules 18 to 22; any new Clauses or new Schedules relating to employment


 

income, the subject matter of Clauses 41 to 44 and 65 to 71, capital gains tax, insurance


 

premium tax, climate change levy, and tax avoidance and evasion)


 

[First DAY]


 

CLAUSES 7 TO 12, SCHEDULE 2, CLAUSES 13 TO 16, SCHEDULE 3, CLAUSES 17 AND 18,

 

and NEW CLAUSES AND NEW SCHEDULES RELATING TO EMPLOYMENT INCOME

 

Mr Chancellor of the Exchequer

 

Agreed to  22

 

Clause  7,  page  14,  leave out lines 7 to 10 and insert—

 

““(1A)    

Where this Chapter applies to any living accommodation—

 

(a)    

the living accommodation is a benefit for the purposes of this

 

Chapter (and accordingly it is immaterial whether the terms on

 

which it is provided to any of those persons constitute a fair

 

bargain), and

 

(b)    

sections 102 to 108 provide for the cash equivalent of the benefit

 

of the living accommodation to be treated as earnings.””

 

Mr Chancellor of the Exchequer

 

Agreed to  23

 

Clause  7,  page  14,  line  10,  at end insert—

 

“( )    

In section 109 (priority of Chapter 5 over Chapter 1), after subsection (3) insert—

 

“(4)    

In a case where the cash equivalent of the benefit of the living

 

accommodation is nil—

 

(a)    

subsections (2) and (3) do not apply, and

 

(b)    

the full amount mentioned in subsection (1)(b) constitutes

 

earnings from the employment for the year under Chapter 1.””


 
 

Committee of the whole House Proceedings: 27 June 2016      

2

 

Finance Bill, continued

 
 

Mr Chancellor of the Exchequer

 

Agreed to  24

 

Clause  7,  page  14,  leave out lines 13 to 16 and insert —

 

““(1A)    

Where this Chapter applies to a car or van, the car or van is a benefit for

 

the purposes of this Chapter (and accordingly it is immaterial whether the

 

terms on which it is made available to the employee or member constitute

 

a fair bargain).””

 

Mr Chancellor of the Exchequer

 

Agreed to  25

 

Clause  7,  page  14,  line  35,  at end insert—

 

“( )    

In section 120 (benefit of car treated as earnings)—

 

(a)    

in subsection (2) after “case” insert “(including a case where the cash

 

equivalent of the benefit of the car is nil)”, and

 

(b)    

after subsection (2) insert—

 

“(3)    

Any reference in this Act to a case where the cash equivalent of

 

the benefit of a car is treated as the employee’s earnings for a

 

year by virtue of this section includes a case where the cash

 

equivalent is nil.”

 

( )    

In section 154 (benefit of van treated as earnings)—

 

(a)    

the existing text becomes subsection (1) of that section, and

 

(b)    

after that subsection insert—

 

“(2)    

In such a case (including a case where the cash equivalent of the

 

benefit of the van is nil) the employee is referred to in this

 

Chapter as being chargeable to tax in respect of the van for that

 

year.

 

(3)    

Any reference in this Act to a case where the cash equivalent of

 

the benefit of a van is treated as the employee’s earnings for a

 

year by virtue of this section includes a case where the cash

 

equivalent is nil.””

 

Mr Chancellor of the Exchequer

 

Agreed to  26

 

Clause  7,  page  14,  leave out lines 37 to 39 and insert—

 

““(1A)    

Where this Chapter applies to a loan—

 

(a)    

the loan is a benefit for the purposes of this Chapter (and

 

accordingly it is immaterial whether the terms of the loan

 

constitute a fair bargain), and

 

(b)    

sections 175 to 183 provide for the cash equivalent of the benefit

 

of the loan (where it is a taxable cheap loan) to be treated as

 

earnings in certain circumstances.””

 

Clause, as amended, Agreed to.

 

Clauses 8 and 9 Agreed to.

 



 
 

Committee of the whole House Proceedings: 27 June 2016      

3

 

Finance Bill, continued

 
 

John McDonnell

 

Seema Malhotra

 

Rob Marris

 

Rebecca Long Bailey

 

Richard Burgon

 

Negatived on division  2

 

Clause  10,  page  15,  line  29,  after “omit”, insert “, except in the case of a low

 

emissions vehicle,”

 

John McDonnell

 

Seema Malhotra

 

Rob Marris

 

Rebecca Long Bailey

 

Richard Burgon

 

Not called  3

 

Clause  10,  page  15,  line  38,  at end add—

 

“(3)    

For the purposes of this section, a “low emissions vehicle” means any car first

 

registered on or after 1 April 2017 which emits 0.06g or less of nitrous oxides per

 

kilometre.”

 

Clause Agreed to.

 

Clauses 11 and 12 Agreed to.

 

Schedule 2 Agreed to.

 

Clause 13 Agreed to.

 


 

Mr Chancellor of the Exchequer

 

Agreed to  27

 

Clause  14,  page  19,  line  19,  leave out paragraph (a) and insert—

 

“(a)    

in section 51(1)—

 

(i)    

disregard “either” in the opening words, and

 

(ii)    

disregard paragraph (b) (and the preceding or), and”.

 

Clause, as amended, Agreed to.

 

Clause 15 Agreed to.

 


 

Roger Mullin

 

Not called  180

 

Clause  16,  page  24,  line  35,  at end add—

 

“(2)    

The Chancellor of the Exchequer shall undertake a review of the impact of the

 

abandonment by HMRC of its valuation check service for Small and Medium-

 

sized Enterprises, including its associated impact on employee share ownership

 

schemes, and report to Parliament within six months of the passing of this Act.”


 
 

Committee of the whole House Proceedings: 27 June 2016      

4

 

Finance Bill, continued

 
 

Clause 16 Agreed to.

 


 

Mr Chancellor of the Exchequer

 

Agreed to  28

 

Schedule  3,  page  274,  line  20,  leave out “(1) does” and insert “(1)(a) and (b) do”

 

Schedule, as amended, Agreed to.

 

Clauses 17 and 18 Agreed to.

 


 

Roger Mullin

 

Negatived on division  NC1

 

To move the following Clause—

 

         

“Review of income tax treatment of workers providing services through

 

intermediaries

 

The Chancellor of the Exchequer must conduct a strategic review of the impact

 

on workers defined as providing services through intermediaries of their

 

treatment for income tax purposes, including the differential impact on different

 

types of worker, and must publish the report of the review within six months of

 

the passing of this Act.”

 


 

John McDonnell

 

Seema Malhotra

 

Rob Marris

 

Rebecca Long Bailey

 

Richard Burgon

 

Not called  NC3

 

To move the following Clause—

 

         

“Tax treatment of workers employed through intermediaries

 

The Chancellor of the Exchequer must, within six months of the passing of this

 

Act, publish a report on the impact of the current system of employment through

 

intermediaries on the treatment for tax purposes of the employment income of

 

workers employed through an intermediary or umbrella company, including the

 

role of intermediaries and umbrella companies.”

 



 
 

Committee of the whole House Proceedings: 27 June 2016      

5

 

Finance Bill, continued

 
 

Seema Malhotra

 

John McDonnell

 

Rob Marris

 

Rebecca Long Bailey

 

Richard Burgon

 

Not called  NC10

 

To move the following Clause—

 

         

“Employee share schemes: value for money

 

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

 

Act, publish a report giving HM Treasury’s assessment of the value for money

 

provided by each type of employee share scheme.”

 

 


 

Clauses 132 to 136, and new clauses and new Schedules relating to climate

 

change levy

 

Clauses 132 to 134 Agreed to.

 

Rebecca Long Bailey

 

John McDonnell

 

Seema Malhotra

 

Rob Marris

 

Richard Burgon

 

Negatived on division  183

 

Clause  135,  page  189,  line  13,  at end add—

 

“(3)    

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

 

Climate Change Levy in reducing carbon emissions within 12 months of the

 

passing of this Act.

 

(4)    

The report shall have particular reference to—

 

(a)    

the removal of the exemption for electricity generated from renewable

 

sources;

 

(b)    

the abolition of the Carbon Reduction Commitment; and

 

(c)    

reporting requirements by companies and public sector bodies for energy

 

usage and carbon emissions.”

 

Clause Agreed to.

 

Clause 136 Agreed to.

 

Clause 129 Agreed to.

 

Progress reported.

 


 

 

Revised 28 June 2016