Session 2017-19
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Other Bills before Parliament


 
 

Report Stage Proceedings: 8 January 2019                

8

 

Finance (No. 3) Bill, continued

 
 

Mr Chris Leslie

 

Heidi Allen

 

Anna Soubry

 

Chuka Umunna

 

Jonathan Edwards

 

Stella Creasy

Dr Paul Williams

Caroline Lucas

Martin Whitfield

Stephen Doughty

Dr Sarah Wollaston

Ann Coffey

Rushanara Ali

Mr David Lammy

Luciana Berger

Ian Murray

Mike Gapes

Neil Coyle

Dame Louise Ellman

Joan Ryan

Ruth Cadbury

Angela Smith

Janet Daby

Owen Smith

Peter Kyle

Dame Margaret Hodge

Kate Green

Debbie Abrahams

Mr Jonathan Djanogly

Siobhain McDonagh

Gareth Thomas

Tom Brake

Mr Alistair Carmichael

Christine Jardine

Chris Bryant

Tonia Antoniazzi

Liz Kendall

Matt Western

Mr Ben Bradshaw

Wes Streeting

Kerry McCarthy

Geraint Davies

Anna Turley

Darren Jones

Rosie Duffield

Alex Sobel

Anna McMorrin

Kirsty Blackman

Tommy Sheppard

Alan Brown

Marion Fellows

Stephen Gethins

Martyn Day

Stewart Malcolm McDonald

Guto Bebb

Dr Phillip Lee

Mr Dominic Grieve

Jo Swinson

Seema Malhotra

Layla Moran

Sir Edward Davey

Paul Farrelly

 

Negatived on division  8

 

Clause  89,  page  67,  line  19,  at end insert—

 

“(7)    

The provisions of this section shall not come into force until the House of

 

Commons has come to a resolution on a motion made by a Minister of the Crown

 

agreeing its commencement.”

 


 

Kirsty Blackman

 

Mhairi Black

 

Not called  14

 

Clause  90,  page  67,  line  22,  after “may” insert “(subject to subsections (1A) and

 

(1B))”

 

Kirsty Blackman

 

Mhairi Black

 

Not called  15

 

Clause  90,  page  67,  line  24,  at end insert—

 

“(1A)    

Before proposing to incur expenditure under subsection (1), the Secretary of State

 

must lay before the House of Commons—

 

(a)    

a statement of the circumstances (in relation to negotiations relating to

 

the United Kingdom’s withdrawal from the European Union) that give

 

rise to the need for such preparatory expenditure, and

 

(b)    

an estimate of the expenditure to be incurred.


 
 

Report Stage Proceedings: 8 January 2019                

9

 

Finance (No. 3) Bill, continued

 
 

(1B)    

No expenditure may be incurred under subsection (1) unless the House of

 

Commons comes to a resolution that it has considered the statement and estimate

 

under subsection (1A) and approves the proposed expenditure.”

 


 

NEW CLAUSES, NEW SCHEDULES AND AMENDMENTS RELATING TO TAX THRESHOLDS

 

OR RELIEFS; NEW CLAUSES, NEW SCHEDULES AND AMENDMENTS RELATING TO TAX

 

AVOIDANCE OR EVASION; REMAINING NEW CLAUSES, NEW SCHEDULES AND

 

AMENDMENTS TO CLAUSES AND SCHEDULES; REMAINING PROCEEDINGS ON

 

CONSIDERATION

 

NEW CLAUSES RELATING TO TAX THRESHOLDS OR RELIEFS

 

Jeremy Corbyn

 

John McDonnell

 

Peter Dowd

 

Jonathan Reynolds

 

Anneliese Dodds

 

Mr Nicholas Brown

Clive Lewis

Lyn Brown

Thelma Walker

 

Negatived on division  NC2

 

To move the following Clause—

 

         

“Review of the effectiveness of entrepreneurs’ relief

 

(1)    

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

 

must review the effectiveness of the changes made to entrepreneurs’ relief by

 

Schedule 15, against the stated policy aims of that relief.

 

(2)    

A review under this section must consider—

 

(a)    

the overall number of entrepreneurs in the UK,

 

(b)    

the annual cost of entrepreneurs’ relief,

 

(c)    

the annual number of claimants per year,

 

(d)    

the average cost of relief paid per claim, and

 

(e)    

the impact on productivity in the UK economy.”

 


 

Kirsty Blackman

 

Mhairi Black

 

Not called  NC9

 

To move the following Clause—

 

         

“Review of changes to entrepreneurs’ relief

 

(1)    

The Chancellor of the Exchequer must review the impact on investment in parts

 

of the United Kingdom and regions of England of the changes made to

 

entrepreneur’s relief by Schedule 15 to this Act 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 effects of the provisions on business investment,


 
 

Report Stage Proceedings: 8 January 2019                

10

 

Finance (No. 3) Bill, continued

 
 

(b)    

the effects of the provisions on employment, and

 

(c)    

the effects of the provisions on productivity.

 

(3)    

In this section—

 

“parts of the United Kingdom” means—

 

(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.”

 


 

Kirsty Blackman

 

Mhairi Black

 

Not called  NC10

 

To move the following Clause—

 

         

“Review of geographical effects of provisions of section 9

 

The Chancellor of the Exchequer must review the differential geographical

 

effects of the changes made by section 9 and lay a report of that review before the

 

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

 


 

Kirsty Blackman

 

Mhairi Black

 

Not called  NC16

 

To move the following Clause—

 

         

“Personal allowance

 

The Chancellor of the Exchequer must, no later than 5 April 2019, lay before the

 

House of Commons an analysis of the distributional and other effects of a

 

personal allowance in 2019-20 of £12,750.”

 


 

Kirsty Blackman

 

Mhairi Black

 

Not called  NC17

 

To move the following Clause—

 

         

“Review of changes to capital allowances

 

(1)    

The Chancellor of the Exchequer must review the effect of the changes to capital

 

allowances in sections 29 to 34 and Schedule 12 in each part of the United


 
 

Report Stage Proceedings: 8 January 2019                

11

 

Finance (No. 3) Bill, continued

 
 

Kingdom and each region of England 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 the effects of the changes on—

 

(a)    

business investment,

 

(b)    

employment, and

 

(c)    

productivity.

 

(3)    

The review must also estimate the effects on the changes if—

 

(a)    

the UK leaves the European Union without a negotiated withdrawal

 

agreement

 

(b)    

the UK leaves the European Union following a negotiated withdrawal

 

agreement, and remains in the single market and customs union, or

 

(c)    

the UK leaves the European Union following a negotiated withdrawal

 

agreement, and does not remain in the single market and customs union.

 

(4)    

In this section—

 

“parts of the United Kingdom” means—

 

(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.”

 


 

Stuart C. McDonald

 

Hannah Bardell

 

Mhairi Black

 

Ian Blackford

 

Kirsty Blackman

 

Deidre Brock

Alan Brown

Dr Lisa Cameron

Douglas Chapman

Joanna Cherry

Ronnie Cowan

Angela Crawley

Martyn Day

Martin Docherty-Hughes

Marion Fellows

Stephen Gethins

Patricia Gibson

Patrick Grady

Peter Grant

Neil Gray

Drew Hendry

Stewart Hosie

Chris Law

David Linden

Angus Brendan MacNeil

Stewart Malcolm McDonald

John McNally

Carol Monaghan

Gavin Newlands

Brendan O’Hara

Tommy Sheppard

Chris Stephens

Alison Thewliss

Dr Philippa Whitford

Pete Wishart

 

Not selected  NC20

 

To move the following Clause—

 

         

“Application fees under appendix EU to the immigration rules

 

(1)    

ITEPA 2003 is amended as follows.


 
 

Report Stage Proceedings: 8 January 2019                

12

 

Finance (No. 3) Bill, continued

 
 

(2)    

After section 312, insert—

 

“312A

 Application fees for leave to remain under appendix EU to the

 

immigration rules

 

(1)    

This section applies where a person (“the payer”) pays or reimburses an

 

employee (whether or not an employee of the payer) for application fees

 

for leave to remain in the United Kingdom made under appendix EU to

 

the immigration rules.

 

(2)    

No liability to income tax arises in respect of such payments or

 

reimbursements where the applications for leave to remain are made for

 

the employee or members of the employee’s family.””

 


 

Sir Vince Cable

 

Tim Farron

 

Jamie Stone

 

Tom Brake

 

Wera Hobhouse

 

Mr Alistair Carmichael

Christine Jardine

Norman Lamb

Jo Swinson

Sir Edward Davey

 

Not called  NC24

 

To move the following Clause—

 

         

“Review of changes to capital allowances (No. 2)

 

(1)    

The Chancellor of the Exchequer must review the effects of the changes made by

 

sections 29 and 30 of this Act within six months of the passing of this Act.

 

(2)    

A review under this section must include an assessment of—

 

(a)    

the cost to the Exchequer of these changes,

 

(b)    

changes to business behaviour that are likely to arise as result from these

 

changes, including (but not limited to) levels of business investment in

 

buildings, plant and machinery, and

 

(c)    

the impact of these changes on businesses in regions of England.

 

(3)    

A review under this section must compare these assessments, so far as

 

practicable, with an assessment of the impact of replacing non-domestic rates in

 

England with a tax on the value of commercial land.

 

(4)    

In this section, “regions of England” has the same meaning as that used by the

 

Office of National Statistics.”

 

 



 
 

Report Stage Proceedings: 8 January 2019                

13

 

Finance (No. 3) Bill, continued

 
 

AMENDMENTS RELATING TO TAX THRESHOLDS OR RELIEFS

 

Kirsty Blackman

 

Mhairi Black

 

Not selected  11

 

Clause  5,  page  2,  line  20,  leave out “£12,500” and insert “£12,750”

 

Kirsty Blackman

 

Mhairi Black

 

Not called  12

 

Clause  5,  page  2,  line  24,  leave out subsection (4)

 

Kirsty Blackman

 

Mhairi Black

 

Not selected  31

 

Clause  5,  page  2,  line  33,  at end insert—

 

“(6)    

The Chancellor of the Exchequer must, no later than 5 April 2019, lay before the

 

House of Commons an economic analysis of—

 

(a)    

the effect of reducing the threshold for the additional rate to £80,000, and

 

(b)    

the effect of introducing a supplementary rate of income tax, charged at

 

a rate of 50%, above a threshold of £125,000.

 

(7)    

The analysis must compare this with the preceding policy.”

 

Kirsty Blackman

 

Mhairi Black

 

Not selected  32

 

Clause  5,  page  2,  line  33,  at end insert—

 

“(6)    

The Chancellor of the Exchequer must, no later than 5 April 2019, lay before the

 

House of Commons a distributional analysis of—

 

(a)    

the effect of reducing the threshold for the additional rate to £80,000, and

 

(b)    

the effect of introducing a supplementary rate of income tax, charged at

 

a rate of 50%, above a threshold of £125,000.

 

(7)    

The analysis must compare this with the preceding policy.”

 


 

Kirsty Blackman

 

Mhairi Black

 

Not selected  30

 

Schedule  12,  page  247,  line  15,  after “is” insert “the lesser of—

 

(a)    

such amount (if any) by which the maximum allowance for the second

 

straddling period calculated under sub-paragraph (2) exceeds the amount

 

of expenditure incurred on or before 31 December 2020 in respect of

 

which the allowance was claimed, and

 

(b)    

the greater of—


 
 

Report Stage Proceedings: 8 January 2019                

14

 

Finance (No. 3) Bill, continued

 
 

(i)    

what would be the maximum allowance for the whole of the

 

second straddling period if the modification made by section

 

31(1) were not made less the amount of expenditure incurred on

 

or before 31 December 2020 in respect of which the allowance

 

was claimed, and

 

(ii)    

 


 

The Chancellor of the Exchequer

 

Agreed to  2

 

Schedule  15,  page  291,  line  31,  leave out paragraph 2 and insert—

 

“2  (1)  

Chapter 3 of Part 5 of TCGA 1992 (transfer of business assets: entrepreneurs’

 

relief) is amended as follows.

 

      (2)  

In section 169K(1B) (disposals associated with relevant material disposal), for

 

paragraph (a) (together with the “and” at the end of it) substitute—

 

“(a)    

the ordinary shares disposed of constitute at least 5% of the

 

company’s ordinary share capital and are shares in the

 

individual’s personal company (and section 169S(3A)(a) to

 

(c) apply here but as if the reference to the final day of the

 

period mentioned in section 169S(3A)(a) were to the date of

 

the disposal), and”.

 

      (3)  

In section 169LA (relevant business assets: goodwill transferred to a close

 

company)—

 

(a)    

for subsection (1) substitute—

 

“(1)    

Subject to subsection (1A), subsection (4) applies if—

 

(a)    

as part of a qualifying business disposal, a person

 

(“P”) disposes of goodwill directly or indirectly to a

 

close company (“C”), and

 

(b)    

immediately after the disposal, P meets any of the

 

personal company conditions in the case of C or any

 

company which is a member of a group of companies

 

of which C is a member.

 

(1ZA)    

For the purposes of subsection (1)(b)—

 

(a)    

the reference to the personal company conditions is a

 

reference to any of the conditions in 169S(3)(a), (b),

 

(c)(i) or (ii), and

 

(b)    

P is taken to have all the rights and interests of any

 

relevant connected person.

 

(1ZB)    

For the purposes of subsection (1ZA)—

 

(a)    

section 169S(3) is treated as having effect with the

 

omission of the references to “by virtue of that

 

holding”,

 

(b)    

section 169S(3A)(a) and (b) are to apply for the

 

purposes of section 169S(3)(c)(ii) but as if the

 

reference to the final day of the period mentioned in

 

section 169S(3A)(a) were to the time immediately

 

after the disposal, and


 
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Revised 08 January 2019