Session 2017-19
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SUPPLEMENT TO THE VOTES AND PROCEEDINGS

 
 

Tuesday 31 October 2017

 

Report Stage Proceedings

 

Finance Bill, As Amended


 

Glossary

 

This document shows the fate of each clause, schedule, amendment and new clause.

 

The following terms are used:

 

Agreed to: agreed without a vote.

 

Agreed to on division: agreed following a vote.

 

Negatived: rejected without a vote.

 

Negatived on division: rejected following a vote.

 

Not called: debated in a group of amendments, but not put to a decision.

 

Not moved: not debated or put to a decision.

 

Question proposed: debate underway but not concluded.

 

Withdrawn after debate: moved and debated but then withdrawn, so not put to a decision.

 

Not selected: not chosen for debate by the Speaker.

 

 


 

New Clauses, New Schedules and Amendments Relating to deeming

 

individuals to be domiciled in the United Kingdom or to Settlements with

 

a Settlor Domiciled OUtside the United KIngdom at any Time

 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Negatived on division  NC1

 

To move the following Clause—

 

         

“Deemed domicile: review of protection of overseas trusts

 

(1)    

Within fifteen months of the passing of this Act, the Commissioners for Her

 

Majesty‘s Revenue and Customs shall complete a review about the operation of

 

the provisions for the protection of overseas trusts in relation to deemed domicile.


 
 

Report Stage Proceedings: 31 October 2017                

2

 

Finance Bill, continued

 
 

(2)    

The review shall in particular consider—

 

(a)    

the effects of those provisions on the Exchequer,

 

(b)    

the behavioural effects of those provisions, and

 

(c)    

the effects on the matters specified in paragraphs (a) and (b) if those

 

provisions were repealed.

 

(3)    

For the purposes of this section, “the provisions for the protection of overseas

 

trusts” means the provisions inserted 18 to 38 and 40 of Schedule 8 to this Act.

 

(4)    

The Chancellor of the Exchequer shall lay a report of the review under this section

 

before the House of Commons within three months of its completion.”

 

 


 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not selected  4

 

Schedule  8,  page  501,  line  25,  leave out paragraphs 18 to 40

 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not selected  5

 

Schedule  8,  page  501,  line  28,  leave out “D” and insert “E”

 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not selected  6

 

Schedule  8,  page  502,  line  14,  at end insert—

 

“(8A)    

Condition E is that the settlor registers the source of the property or income on a

 

public register in a manner prescribed by regulations.

 

(8B)    

The Treasury shall by regulations prescribe the manner for public registration of

 

the source of property or income for the purposes of subsection (8A).

 

(8C)    

A statutory instrument containing regulations under subsection (8B) may not be

 

made unless a draft of it has been laid before, and approved by a resolution of, the

 

House of Commons.”

 

Chancellor of the Exchequer

 

Agreed to  17

 

Schedule  8,  page  521,  line  18,  leave out “or” and insert “and”

 



 
 

Report Stage Proceedings: 31 October 2017                

3

 

Finance Bill, continued

 
 

New Clauses, new Schedules and amendments relating to the tax

 

treatment of payments or benefits received in connection with the

 

termination of an employment or a change in the duties in, or earnings

 

from, an employment

 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Negatived on division  1

 

Clause  5,  page  14,  line  15,  leave out “different” and insert “higher”

 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not called  2

 

Clause  5,  page  14,  leave out lines 20 to 23

 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not called  3

 

Clause  5,  page  14,  leave out lines 27 and 28 and insert—

 

“(2)    

“Injury” in subsection (1) includes—

 

(a)    

psychiatric injury, and

 

(b)    

injured feelings.”

 


 

New Clauses, new Schedules and amendments relating to digital

 

reporting and record-keeping; Remaining New Clauses, New Schedules,

 

Amendments to remaining Clauses and Schedules and Remaining

 

proceedings on Consideration

 

New Clauses, new Schedules and amendments relating to digital

 

reporting and record-keeping

 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Withdrawn after debate  7

 

Clause  60,  page  78,  line  19,  after “day”, insert “no earlier than 1 January 2022”


 
 

Report Stage Proceedings: 31 October 2017                

4

 

Finance Bill, continued

 
 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not called  8

 

Clause  60,  page  78,  line  20,  at end insert—

 

“(4A)    

No regulations may be made under subsection (4) until 90 days after the

 

Chancellor of the Exchequer has laid a report before the House of Commons

 

which sets out—

 

(a)    

the steps which HMRC has undertaken to establish that suitable software

 

is available;

 

(b)    

the results of the testing by HMRC and others of that software, and

 

(c)    

the reasons why mandatory use of the software is in the interest of HMRC

 

and taxpayers.”

 


 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not called  9

 

Clause  61,  page  78,  line  34,  after “day” insert “no earlier than 1 January 2022”

 


 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not called  10

 

Clause  62,  page  79,  line  12,  at end insert—

 

“(5A)    

No regulations may be made under sub-paragraph (5) on a day prior to 1 January

 

2022.”

 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Negatived on division  11

 

Clause  62,  page  79,  line  19,  at end insert—


 
 

Report Stage Proceedings: 31 October 2017                

5

 

Finance Bill, continued

 
 

“(6A)    

Regulations under sub-paragraph (5) may not impose mandatory requirements

 

for businesses to generate quarterly updates.”

 


 

Remaining New Clauses, New Schedules ANd Amendments to Remaining

 

Clauses and Schedules; Remaining proceedings on Consideration

 

Stella Creasy

 

Sir Peter Bottomley

 

Ms Angela Eagle

 

Mike Gapes

 

Julie Elliott

 

Ian Murray

Phil Wilson

Alison McGovern

Wes Streeting

John Woodcock

Stephen Kinnock

Angela Smith

Vernon Coaker

David Hanson

Gareth Snell

Liz Kendall

Heidi Alexander

Neil Coyle

Rachel Reeves

Luciana Berger

Ann Coffey

Peter Kyle

Ruth Smeeth

Chuka Umunna

Mr Adrian Bailey

Toby Perkins

 

Negatived on division  NC2

 

To move the following Clause—

 

         

“Taxation of chargeable gains: review of treatment of commercial property

 

held by persons with foreign domicile

 

(1)    

The Taxation of Chargeable Gains Act 1992 is amended as follows.

 

(2)    

After section 14 (non-resident groups of companies), insert—

 

         

“Review of treatment of commercial property held by persons with

 

foreign domicile

 

(1)    

Within three months of the passing of the Finance (No. 2) Act 2017, the

 

Commissioners for Her Majesty’s Revenue and Customs shall complete

 

a review about the taxation of chargeable gains held by persons with

 

foreign domicile.

 

(2)    

The review shall consider in particular the implications if the treatment

 

of commercial property were to be the same as the treatment of

 

residential property under section 4BB(2).

 

(3)    

The Chancellor of the Exchequer shall lay a report of the review under

 

this section before the House of Commons within three months of its

 

completion.””

 



 
 

Report Stage Proceedings: 31 October 2017                

6

 

Finance Bill, continued

 
 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not called  NC3

 

To move the following Clause—

 

         

“Income provided through third parties: review of effects generally and in

 

relation to sports image rights

 

(1)    

The Chancellor of the Exchequer shall, no later than 21 July 2019, undertake a

 

review of the effects of the changes made in relation to income provided through

 

third parties.

 

(2)    

The review under subsection (1) shall consider in particular the effects in relation

 

to sports image rights.

 

(3)    

The Chancellor of the Exchequer shall lay before the House of Commons a report

 

of the review under this section no later than 15 October 2019.

 

(4)    

In this section—

 

“the changes made in relation to income provided through third parties”

 

means the provisions of sections 34 and 35 of and Schedule 11 to this

 

Act,

 

“sports image rights” means the rights or purported rights, whether or not

 

protected or capable of protection under any relevant laws, associated

 

with the identity or activities of a person where those rights or purported

 

rights are associated with their participation or former participation in a

 

sport.”

 


 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not called  nc4

 

To move the following Clause—

 

         

“Impact analyses of provisions of this Act

 

(1)    

The Chancellor of the Exchequer must review the impact of the provisions of this

 

Act in accordance with this section and lay a report of that review before the

 

House of Commons within six months of the passing of this Act.

 

(2)    

A review under this section must consider—

 

(a)    

the impact of those provisions on households at different levels of

 

income,

 

(b)    

the impact of those provisions on people with protected characteristics

 

(within the meaning of the Equality Act 2010), and

 

(c)    

the impact of those provisions on different parts of the United Kingdom

 

and different regions of England.

 

(3)    

In this section—

 

“parts of the United Kingdom” means—


 
 

Report Stage Proceedings: 31 October 2017                

7

 

Finance Bill, continued

 
 

(a)    

England,

 

(b)    

Scotland,

 

(c)    

Wales, and

 

(d)    

Northern Ireland;

 

“regions of England” has the same meaning as that used by the Office for

 

National Statistics.”

 


 

Jeremy Corbyn

 

John McDonnell

 

Mr Nicholas Brown

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Not called  NC5

 

To move the following Clause—

 

         

“Review of the conditions of registration for third country goods fulfilment

 

businesses and traders using their services

 

(1)    

Within six months of the passing of this Act, the Chancellor of the Exchequer

 

shall complete a review of the conditions of registration for third country goods

 

fulfilment businesses and the traders using their services.

 

(2)    

The review shall consider in particular—

 

(a)    

an automatic joint and several liability for VAT between registered

 

fulfilment businesses and the traders using their services, and

 

(b)    

a requirement that registered fulfilment businesses should charge VAT to

 

customers on behalf of traders using their services.

 

(3)    

The Chancellor of the Exchequer shall lay a report of the review under this section

 

before the House of Commons within one month of its completion.”

 

 


 

Chancellor of the Exchequer

 

Agreed to  12

 

Schedule  2,  page  121,  line  40,  leave out “on the last day of the tax year” and insert

 

“at the end time”

 

Chancellor of the Exchequer

 

Agreed to  13

 

Schedule  2,  page  121,  line  41,  leave out “on that day” and insert “at the end time”

 

Chancellor of the Exchequer

 

Agreed to  14

 

Schedule  2,  page  122,  leave out line 13 and insert “at the end time,”

 

Chancellor of the Exchequer

 

Agreed to  15

 

Schedule  2,  page  122,  line  21,  leave out from “if” to end of line 22 and insert “—

 

(a)    

it is involved in the property business at the end time, or


 
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Revised 31 October 2017