| Amendments proposed to the Finance Bill, As Amended - continued | House of Commons |
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Preparations etc. of meat, yeast or egg
Mr Chancellor of the Exchequer NC5 To move the following Clause:—'. Schedule 8 to the Value Added Tax Act 1994 (zero-rating) shall have effect, and be deemed always to have had effect, as if in Group 1 (food), in Note (6) (which provides that certain items which override the exceptions listed in that Group relate only to item 4 of the excepted items (non-alcoholic beverages)) for "Items 4 to 6" there were substituted "Items 4 to 7".'.
Non-tax payers
Mr Francis Maude NC3 To move the following Clause:—'Nothing in the Income and Corporation Taxes Act 1988 shall have the effect that any tax payer whose total income is below the personal allowance threshold for income tax purposes shall pay income tax.'.
Capital allowances: road fuel gas
Mr Michael Jack NC10 To move the following Clause:—'.—After section 36 of the Capital Allowances Act 1990 (definition of "motor car" etc.) insert—
"CHAPTER IIIAROAD FUEL GAS36A.—Where a person, while carrying on a trade, incurs expenditure—
and where such expenditure is wholly and exclusively for the purposes of the trade, a deduction equal to the whole of the expenditure shall be allowed in taxing the trade for the chargeable period. 36B.—Where a person, while carrying on a trade, incurs expenditure on the provision of machinery or plant for the conversion of the engine of a motor car so that the motor car is capable of being propelled, wholly or partly, by road fuel gas, and where such expenditure is wholly and exclusively for the purposes of the trade, a deduction equal to the whole of the expenditure shall be allowed in taxing the trade for the chargeable period.".'.
Administrative Efficiency of the Tax System
Mr Edward Davey NC11 To move the following Clause:—'The annual Financial Statement and Budget Report shall include an analysis of the effect of the Budget measures on the administrative efficiency of the tax system, including the following matters:
Friendly Societies (expenses of management)
Dr Vincent Cable NC13 To move the following Clause:—'.—(1) The Income and Corporation Taxes Act 1988 shall be amended as follows. (2) At the end of subsection (1) of section 463 there shall be added— "but any modifications and exceptions as may be prescribed by such regulations shall not relate to the provisions of section 76, other than subsection (7) of that section, for accounting periods beginning after 31 December 1998.".'.
A pensioner's tax exemption certificate
Mr Edward Davey NC18 To move the following Clause:—'.—(1) The Inland Revenue shall be given the power to issue tax exemption certificates to taxpayers who, at any time within that year are of the age of 65 or upwards, whose income does not exceed £6,000 (Tax Exemption Certificate Limit), and is likely not to exceed that limit in the three following years. (2) The Tax Exemption Certificate shall:
(3) The Tax Exemption Certificate limit shall be automatically uprated every year in accordance with section 257 of the Taxes Act 1988.'.
Offshore oil and gas: rollover relief
Mr Francis Maude NC19 To move the following Clause:—'.—(1) Section 193 of the Taxation of Chargeable Gains Act 1992 is hereby repealed with effect from 6th April 1999. (2) In section 155 of the Taxation of Chargeable Gains Act 1992 (classes of assets for the purposes of rollover relief) after Class 8 there shall be inserted—
"Class 9A licence under Part I of the Petroleum Act 1998 or the Petroleum (Production) Act (Northern Ireland) 1964.This section applies to all licences (or interests in them) disposed of on or after the 6th April 1999.".'.
Personal service companies (No. 3)
Mr Francis Maude NC21 To move the following Clause:—'.—The Commissioners of Inland Revenue in assessing the liability for tax of a taxpayer shall disallow reliefs appropriate to a personal service company only to the extent that they are satisfied that the service company was formed with the intention of avoiding tax.'.
Mr David Heathcoat-Amory 40 Page 1, line 24 [Clause 2], leave out '£0.5288', and insert '£0.499'.
Mr David Heathcoat-Amory 41 Page 1, line 26 [Clause 2], leave out '£0.4721', and insert '£0.4355'.
Mr David Heathcoat-Amory 42 Page 2, line 2 [Clause 2], leave out '£0.5021', and insert '£0.4557'.
Mr Michael Jack 27 Page 3, line 26 [Clause 8], after 'centimetres,', insert 'a vehicle falling within subparagraph (1) of paragraph 1A, or a vehicle falling within subparagraph (1) of paragraph 1B,'.
Mr Michael Jack 28 Page 3, line 39 [Clause 8], at end insert—'(6) At the end of paragraph 1 of Schedule 1 to the Vehicle Excise and Registration Act 1994 there shall be inserted—
Mr Michael Jack 29 Page 3, line 39 [Clause 8], at end insert—'(7) At the end of paragraph 1 of Schedule 1 to the Vehicle Excise and Registration Act 1994 there shall be inserted— "1B.—(1) Any vehicle which has been registered during the previous 12 months and which has been certified as using Liquefied Petroleum Gas as a fuel shall have a general rate of £100. (2) The Secretary of State shall by regulations establish the methodology by which the process of certification referred to in sub-paragraph (1) is to be carried out, and any such regulations shall be subject to annulment by either House of Parliament. (3) Subparagraph (1) shall have effect in relation to any licence taken out for a period beginning on or after 1st January 2000.".'.
Mr Francis Maude
2 Page 9, line 12 [Clause 19], leave out '20' and insert '10'.
Mr Edward Davey 36 Page 16, line 6 [Clause 31], leave out '2000' and insert '2001'.
Mr Edward Davey 37 Page 16, line 8 [Clause 31], leave out '2000-01' and insert '2001-02'.
Mr Edward Davey 30 Page 21, line 4 [Clause 40], leave out subsection (7) and insert—'(7) The amendments made by this section shall be deemed always to have had effect'.
Mr Chancellor of the Exchequer 3 Page 24, line 21 [Clause 45], leave out 'large'.
Mr Chancellor of the Exchequer 4 Page 24 [Clause 45], leave out lines 24 and 25 and insert—
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