S.C.A.

Amendment Paper as at
Thursday 26th April 2001

STANDING COMMITTEE A

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FINANCE BILL

(Except Clauses 1 to 3 and 16 to 53 and Schedules 4 to 11)

    RESOLUTION OF PROGRAMMING SUB-COMMITTEE
    That—

    (1) during proceedings on the Finance Bill (except Clauses 1 to 3 and 16 to 53 and Schedules 4 to 11) the Standing Committee do meet on Tuesdays at half-past Ten o'clock and at half-past Four o'clock and on Thursdays at half-past Nine o'clock and at half-past Four o'clock;

    (2) 18 sittings in all shall be allotted to the consideration of the Finance Bill by the Standing Committee;

    (3) the proceedings to be taken on the sittings shall be as shown in the second column of the Table below and shall be taken in the order so shown;

    (4) the proceedings which under paragraph (3) are to be taken on any sitting shall (so far as not previously concluded) be brought to a conclusion at the time specified in the third column of the Table;

    (5) paragraph (3) does not prevent proceedings being taken (in the order shown in the second column of the Table) on any earlier sitting than that provided for under paragraph (3) if all previous proceedings have already been concluded.

TABLE

Sitting	Proceedings	Time for conclusion of proceedings
1st	Clauses 4 to 6, Schedule 1, Clauses 7 to 9, Schedule 2, Clauses 10 to 15, Schedule 3, Clauses 54 to 56	—
2nd	Clauses 4 to 6, Schedule 1, Clauses 7 to 9, Schedule 2, Clauses 10 to 15, Schedule 3, Clauses 54 to 56 (so far as not previously concluded)	7 p.m.
3rd	Clause 57, Schedule 12, Clauses 58 to 61, Schedule 13, Clause 93, Clause 62, Schedule 14	1 p.m.
4th	Clause 63, Schedule 15, Clause 64, Schedule 16, Clause 65, Schedule 17, Clause 66, Schedule 18	7 p.m.
5th	Clause 67, Schedule 19, Clause 68, Schedule 20, Clause 69, Schedule 21, Clause 70, Schedules 22 and 23, Clause 71, Schedule 24, Clauses 72 and 73	11.25 a.m.
6th	Clauses 74 and 75, Clause 104, Clause 76, Schedule 25, Clauses 77 and 78	7 p.m.
7th	Clause 79, Schedule 26, Clauses 80 and 81, Schedule 27, Clause 82	1 p.m.
8th	Clause 79, Schedule 26, Clauses 80 and 81, Schedule 27, Clause 82 (so far as not previously concluded)	7 p.m.
9th	Clauses 83 to 85	11.25 a.m.
10th	Clause 86, Schedule 28	7 p.m.
11th	Clauses 87 to 89	1 p.m.
12th	Clause 90, Schedule 29, Clauses 91 and 92, Clause 94	7 p.m.
13th	Clauses 95 and 96	11.25 a.m.
14th	Clause 97, Schedule 30, Clause 98	7 p.m.
15th	Clause 99, Schedule 31, Clauses 100 to 103, Clause 105	1 p.m.
16th	New Clauses, New Schedules, Clauses 106 and 107, Schedule 32, Clause 108	—
17th	New Clauses, New Schedules, Clauses 106 and 107, Schedule 32, Clause 108 (so far as not previously concluded)	—
18th	New Clauses, New Schedules, Clauses 106 and 107, Schedule 32, Clause 108 (so far as not previously concluded)	7 p.m.

    [Dawn Primarolo has given notice of her intention to move a motion in the terms of the resolution of the Programming Sub-Committee. Debate on such a motion may continue for half an hour (Sessional Order C(6) relating to Programming) (7th November 2000)]

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Mr Richard Ottaway
Mr Howard Flight
Mr James Clappison

2

Schedule     1,     page     84,     line     30,     leave out '3' and insert '2'.

   

Mr Richard Ottaway
Mr Howard Flight
Mr James Clappison

3

Schedule     1,     page     84,     line     33,     leave out '10' and insert '8'.

   

Mr Richard Ottaway
Mr Howard Flight
Mr James Clappison

4

Schedule     1,     page     85,     line     23,     leave out first 'to' and insert 'or'.

   

Mr Richard Ottaway
Mr Howard Flight
Mr James Clappison

5

Schedule     1,     page     85,     line     32,     at end insert—

    '(1A) For the purposes of a charge under a provision of section 3 in respect of the class of bets to which the provision applies, the amount of a person's net stake receipts for an accounting period is X minus Y, where—

(a) X is the aggregate of amounts which fall due to that person in the accounting period in respect of bets of that class made with him, and

(b) Y is the aggregate of amounts paid by the person in that period by way of winnings to persons who made bets of that class with him (irrespective of when the bets were made or determined) minus any losses incurred in the previous accounting period.'.

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Mr Richard Ottaway
Mr James Clappison
Mr Howard Flight
Mr Peter Luff

1

Page     52,     line     17,     leave out Clause 79.

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NEW CLAUSES

Application of definitions of private residences and job-related accommodation

   

Mr Oliver Letwin
Mr Richard Ottaway
Mr James Clappison
Mr Howard Flight
Mr Peter Luff

NC1

To move the following Clause:—

    'Sections 222(1), (8) and (8A) of the Taxation of Chargeable Gains Act 1992 (which define private residence and job-related accommodation for the purposes of relief) shall be applied by the Inland Revenue in the exercise of all of its functions.'.

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VAT: exceptional circumstances rapid refunds

   

Mr Oliver Letwin
Mr Richard Ottaway
Mr James Clappison
Mr Howard Flight
Mr Peter Luff

NC2

To move the following Clause:—

    '.—(1) This section applies to any business which—

(a) has been significantly affected, directly or indirectly, by the incidence of foot and mouth disease, and

(b) is, or is likely to be, entitled to a refund of input VAT in respect of its trading in the year 2001-02.

    (2) The Commissioners of Customs and Excise shall, if satisfied on the basis of a claim made in that behalf that a business is one to which this section applies, make an immediate refund on account of input VAT (to be known as an Exceptional Circumstances Rapid Refund).

    (3) The amount of refund made under subsection (2) shall be—

(a) in the case of a business which was registered for VAT on or before 5th April 1998, one twenty-fourth of the input VAT paid by the business in financial years 1998-99 and 1999-2000;

(b) in the case of a business which was registered for VAT later than 5th April 1998, an amount calculated in accordance with directions to be given by the Treasury.

    (4) Where a refund paid on account under this section is more than the refund actually due, the Commissioners shall recoup the balance at the conclusion of financial year 2001-02.

    (5) The Treasury may by order substitute, for "the conclusion of financial year 2001-02" in subsection (4), "the conclusion of financial year 2002-03".'.

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Expediting relief for trading losses

   

Mr Oliver Letwin
Mr Richard Ottaway
Mr James Clappison
Mr Howard Flight
Mr Peter Luff

NC3

To move the following Clause:—

    '.—Section 380 of the Taxes Act 1988 (set-off of losses against general income) shall apply to farmers or sole traders who qualify for business rate relief, in respect of financial year 2001-02 only, with the following modifications—

(a) in subsection (1), after "loss", insert "or has reason to anticipate that, because of the incidence of foot and mouth disease, he will sustain a loss";

(b) in subsection (1), for "with twelve months from the 31st January next following that year" substitute "at any time between 6th April 2001 and 6th April 2004".'.

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Tax on savings and dividends

   

Mr Oliver Letwin
Mr Richard Ottaway
Mr James Clappison
Mr Howard Flight [R]
Mr Peter Luff

NC4

To move the following Clause:—

    '.—The Chancellor of the Exchequer shall make arrangements to review the level of income tax charged on savings and dividends by starting and basic rate tax payers and shall lay a report on the outcome of the review before the House of Commons by January 2002.'.

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Widows' payments

   

Mr Oliver Letwin
Mr Richard Ottaway
Mr James Clappison
Mr Howard Flight
Mr Peter Luff

NC5

To move the following Clause:—

    '.—The Chancellor of the Exchequer shall make arrangements to review the effect on widowed parents of the provisions of section 617 of the Taxes Act 1988 concerning social security benefits which are charged to tax and shall lay a report on the outcome of the review before the House of Commons by January 2002.'

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Age-related personal allowances

   

Mr Oliver Letwin
Mr Richard Ottaway
Mr James Clappison
Mr Howard Flight
Mr Peter Luff

NC6

To move the following Clause:—

    '.—The Chancellor of the Exchequer shall make arrangements to review the level of the age-related personal allowances defined in section 257(2) and (3) of the Taxes Act 1988 and shall lay a report on the outcome of the review before the House of Commons by January 2002.'

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Approved share option schemes

   

Mr Richard Ottaway
Mr James Clappison
Mr Howard Flight [R]
Mr Peter Luff

NC7

To move the following Clause:—

    '.—The Chancellor of the Exchequer shall make arrangements to review the level of the limit on the maximum value of share options under an Approved Share Option Scheme and shall lay a report on the outcome of the review before the House of Commons by January 2002.'

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Taxation of married couples

   

Mr Oliver Letwin
Mr Richard Ottaway
Mr James Clappison
Mr Howard Flight
Mr Peter Luff

NC8

To move the following Clause:—

    '.—The Chancellor of the Exchequer shall make arrangements to review the effect on married couples with children under the age of 11 years of the level of personal tax allowances under section 257 of the Taxes Act and shall lay a report on the outcome of the review before the House of Commons by January 2002.'

Prepared 26 Apr 2001