Session 2017-19
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Other Bills before Parliament


 
 

Public Bill Committee Proceedings: 29 November 2018        

8

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not selected  21

 

Clause  7,  page  5,  line  2,  at end insert—

 

“(8)    

The Chancellor of the Exchequer must review the effect of the provisions in this

 

section on the availability and uptake of optional remuneration arrangements

 

relating to cars and vans and lay a report of that review before the House of

 

Commons within six months of the passing of this Act.

 

(9)    

The review in subsection (8) must consider—

 

(a)    

how these arrangements compare with arrangements in other OECD

 

countries,

 

(b)    

how these arrangements compare with arrangements in other European

 

Union Member States, and

 

(c)    

how these arrangements compare with arrangements in other countries

 

that are members of the G20.”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Negatived on division  22

 

Clause  7,  page  5,  line  2,  at end insert—

 

“(8)    

The Chancellor of the Exchequer must review the effect of the provisions in this

 

section on the vehicle hire sector and lay a report of that review before the House

 

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

 

Clause Agreed to.

 


 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Withdrawn after debate  14

 

Clause  11,  page  7,  line  39,  at end insert “but only if the requirement in subsection

 

(3) is met.

 

(3)    

The amendment made by subsection (2) may only have effect if the Chancellor

 

of the Exchequer has laid before the House of Commons a forecast of the effect

 

on the public revenue of that amendment coming into effect in the tax year 2019-

 

20 and subsequent tax years.”


 
 

Public Bill Committee Proceedings: 29 November 2018        

9

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  15

 

Clause  11,  page  7,  line  39,  at end insert “but only if the requirement in subsection

 

(3) is met.

 

(3)    

The amendment made by subsection (2) may only have effect if the Chancellor

 

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

 

the effect of that amendment coming into effect on pension benefits to which the

 

exemption in section 307(2) of ITEPA 2003 applies.”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  16

 

Clause  11,  page  7,  line  39,  at end insert “but only if the requirement in subsection

 

(3) is met.

 

(3)    

The amendment made by subsection (1) may only have effect if the Chancellor

 

of the Exchequer has made a statement to the House of Commons detailing

 

discussions between Her Majesty’s Government and the Charity Commission

 

regarding the provisions of this section.”

 

Clause Agreed to.

 


 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Withdrawn after debate  2

 

Clause  12,  page  9,  line  7,  at end insert—

 

“( )    

The Chancellor of the Exchequer must review the revenue effects of the

 

provisions in this section and lay a report of that review before the House of

 

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

 

Clause Agreed to.

 

Clause 13 Agreed to.

 



 
 

Public Bill Committee Proceedings: 29 November 2018        

10

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not selected  26

 

Schedule  1,  page  94,  leave out lines 6 and 7

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not selected  27

 

Schedule  1,  page  94,  leave out from beginning of line 43 to end of line 32 on page 95

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  23

 

Schedule  1,  page  147,  line  34,  at end insert—

 

“21A      

The Treasury must by regulations require that a list of persons not resident in

 

the United Kingdom whose gains are brought into charge by the changes made

 

to TCGA 1992 in this Schedule be published on a public register.”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  24

 

Schedule  1,  page  147,  line  34,  at end insert—

 

“21A      

The Chancellor of the Exchequer must review the revenue effects of the

 

changes made to TCGA 1992 in this Schedule and lay a report of that review

 

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

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not selected  25

 

Schedule  1,  page  147,  line  34,  at end insert—

 

“21A (1)  

The Chancellor of the Exchequer must review the expected effects on the

 

changes made to TCGA 1992 in this Schedule of the UK leaving the European

 

Union in each of the scenarios in sub-paragraph (2) and lay a report of that

 

review before the House within one month of the passing of this Act.

 

      (2)  

The scenarios to be considered in the review are—


 
 

Public Bill Committee Proceedings: 29 November 2018        

11

 

Finance (No. 3) Bill, continued

 
 

(a)    

the United Kingdom leaves the European Union without a negotiated

 

withdrawal agreement, or

 

(b)    

the United Kingdom leaves the European Union following the

 

agreement of a withdrawal agreement.”

 

Kirsty Blackman

 

Mhairi Black

 

Negatived on division  34

 

Schedule  1,  page  147,  line  34,  at end insert—

 

“21A      

The Chancellor of the Exchequer must review the expected revenue effects of

 

the changes made to TCGA 1992 in this Schedule, along with an estimate of

 

the difference between the amount of tax required to be paid to the

 

Commissioners under those provisions and the amount paid, and lay a report

 

of that review before the House of Commons within six months of the passing

 

of this Act.”

 

Mel Stride

 

Agreed to  1

 

Schedule  1,  page  164,  line  16,  at end insert—

 

“108A    

In section 2 (charge to corporation tax), omit subsection (2A).”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not selected  28

 

Schedule  1,  page  167,  line  47,  at end insert—

 

“Part 2A

 

Review of land holdings

 

“118A (1)  

The Commissioners must, within three months of the end of the tax year 2019-

 

20, provide information to the Treasury on the basis of the exercise of their

 

functions in relation to the changes made in this Schedule about land owned in

 

the United Kingdom by persons not ordinarily resident in the United Kingdom.

 

      (2)  

The Chancellor of the Exchequer must, within six months of the end of the tax

 

year 2019-20, undertake a review of land owned in the United Kingdom by

 

persons not ordinarily resident in the United Kingdom on the basis of

 

information supplied in accordance with sub-paragraph (1) and lay a report of

 

that review before the House of Commons.”


 
 

Public Bill Committee Proceedings: 29 November 2018        

12

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  29

 

Schedule  1,  page  167,  line  47,  at end insert—

 

“Part 2A

 

Review of effects on property prices

 

“118A (1)  

The Commissioners must, within three months of the end of the tax year 2019-

 

20, provide information to the Treasury on the basis of the exercise of their

 

functions in relation to the changes made in this Schedule about the effects of

 

the changes on the matters specified in sub-paragraph (2).

 

      (2)  

Those matters are—

 

(a)    

residential property prices in the United Kingdom, and

 

(b)    

the proportion of residential property in the United Kingdom owned

 

by persons not ordinarily resident in the United Kingdom.

 

      (3)  

The Chancellor of the Exchequer must, within six months of the end of the tax

 

year 2019-20, undertake a review of the information supplied in accordance

 

with sub-paragraph (1) and lay a report of that review before the House of

 

Commons.”

 

Schedule, as amended, Agreed to.

 


 

Third and Fourth Sittings

 

Clause 14 Agreed to.

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  31

 

Schedule  2,  page  171,  line  18,  at end insert—

 

    “(4)  

The provisions in this paragraph may not come into effect until the Treasury

 

has published the results of any consultation conducted by the Commissioners

 

with representative bodies concerning awareness of the provisions among

 

those who will be covered by them.”

 

Member’s explanatory statement

 

This amendment would delay the commencement of the paragraph in Schedule 2 relating to the

 

obligation to make a return in respect of a disposal to which the Schedule applies, until the

 

Treasury has released details of HMRC‘s consultation with representative bodies concerning

 

awareness of the provisions amongst those who may be covered by them.


 
 

Public Bill Committee Proceedings: 29 November 2018        

13

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  32

 

Schedule  2,  page  176,  line  21,  at end insert—

 

“Part 1A

 

Review of effects on public finances

 

17A      

The Chancellor of the Exchequer must review the revenue effects if the

 

provisions in Schedule 2 were introduced from 6 April 2019, and lay a report

 

of that review before the House of Commons within six months of the passing

 

of this Act.”

 

Member’s explanatory statement

 

This amendment would require the Chancellor of the Exchequer to review the revenue effects of

 

the provisions of Schedule 2 if they were introduced in 2019/20.

 

Kirsty Blackman

 

Mhairi Black

 

Negatived on division  33

 

Schedule  2,  page  176,  line  21,  at end insert—

 

“Part 1A

 

Review of effects on public finances

 

17A      

The Chancellor of the Exchequer must review the expected revenue effects of

 

the changes made to capital gains tax returns and payments on account in this

 

in this Schedule, along with an estimate of the difference between the amount

 

of tax required to be paid to the Commissioners under those provisions and the

 

amount paid, and lay a report of that review before the House of Commons

 

within six months of the passing of this Act.”

 

Member’s explanatory statement

 

This amendment would require the Chancellor of the Exchequer to review the effect on public

 

finances, and on reducing the tax gap, of the changes made to capital gains tax in Schedule 2.

 

Schedule Agreed to.

 

Clause 17 Agreed to.

 



 
 

Public Bill Committee Proceedings: 29 November 2018        

14

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  39

 

Schedule  5,  page  204,  line  29,  at end insert—

 

“Part 1A

 

Annual report of non-uk resident companies

 

5A  (1)  

The Chancellor of the Exchequer must publish details of non-UK resident

 

companies to which corporation tax is chargeable due to the provisions of this

 

Schedule.

 

      (2)  

The details published under sub-paragraph (1) must list the name of each such

 

non-UK resident company.

 

      (3)  

The publication under sub-paragraph (1) must be published—

 

(a)    

in respect of the first such publication, within six months of this

 

Schedule coming into force, and

 

(b)    

in respect of each subsequent publication, within 12 months of the date

 

of the previous publication.”

 

Member’s explanatory statement

 

This amendment requires an annual report on companies to which corporation tax is chargeable

 

due to the provisions of this Schedule.

 

Kirsty Blackman

 

Mhairi Black

 

Not called  35

 

Schedule  5,  page  210,  line  45,  at end insert—

 

“Part 2A

 

Review of effects on public finances

 

34A(1)  

The Chancellor of the Exchequer must review the revenue effects of this

 

Schedule and lay a report of that review before the House of Commons within

 

six months of the passing of this Act.

 

      (2)  

The review under sub-paragraph (1) must consider—

 

(a)    

the expected change in corporation tax paid attributable to the

 

provisions in this Schedule, and

 

(b)    

an estimate of any change, attributable to the provisions in this

 

Schedule, in the difference between the amount of tax required to be

 

paid to the Commissioners and the amount paid.”

 

Member’s explanatory statement

 

This amendment requires a review of the effects of this Schedule on the public finances.


 
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Revised 29 November 2018