| Amendments proposed to the Finance Bill, As Amended - continued | House of Commons |
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Tax Law Commission
Mr Michael Jack NC5 To move the following Clause:—'(1) The Commissioners of Inland Revenue and the Commissioners of Customs and Excise shall jointly prepare and submit to Parliament a Report on the Need for a Tax Law Commission ("the report"), with a view to the review, modernisation, improvement and general simplification of the tax law of the United Kingdom. (2) The report shall have regard to all factors that seem to the Commissioners of Inland Revenue and the Commissioners of Customs and Excise to be relevant but shall be compiled only after a full process of consultation with all interested parties. (3) The report shall in particular consider—
(5) In this section—
Exemption from vehicle excise duty on historic vehicles
Mr Michael Howard NC8 To move the following Clause:—'In paragraph 1A(1) of Schedule 2 to the Vehicle Excise and Registration Act 1994, for the words "before 1st January 1973" there shall be substituted "more than 30 years before the beginning of the year in which that time falls.".'.
R&D tax relief: exploration and appraisal in the North Sea
Mr Alex Salmond NC9 To move the following Clause:—'.—Schedule 12 to the Finance Act 2002 (c. 23) is amended by inserting at the end of paragraph 19(1) ", subject to the specific inclusion of oil and gas exploration and appraisal as defined in section 837B of that Act.".'.
Mr Michael Howard 3 Page 6, line 22 [Clause 9], leave out '15' and insert '5'.
Mr Michael Howard 1 Page 7, line 8 [Clause 9], at end insert 'less the amount of value added tax paid or payable by the person on those payments'.
Mr Chancellor of the Exchequer 4 Page 7, line 12 [Clause 9], at end insert—'( ) where a payment relates to a supply of services on which value added tax is chargeable, the amount of value added tax chargeable shall be disregarded (irrespective of whether or not that amount is paid by way of value added tax),'.
Mr Michael Howard 52 Page 15, line 15, leave out Clauses 17 and 18.
Mr Michael Howard 8 Page 29, line 30 [Clause 42], leave out 'stamp duty land' and insert 'property transaction'.
Mr Chancellor of the Exchequer 53 Page 30, line 36 [Clause 44], at end insert—'( ) A person is not regarded as entering into a land transaction by reason of entering into the contract, but the following provisions have effect.'.
Mr Chancellor of the Exchequer 54 Page 32, line 1 [Clause 45], leave out 'Where this section applies,' and insert 'The transferee is not regarded as entering into a land transaction by reason of the transfer of rights, but'.
Mr Chancellor of the Exchequer 55 Page 32, line 3 [Clause 45], leave out subsections (3) and (4) and insert—'(3) That section applies as if there were a contract for a land transaction (a "secondary contract") under which—
(4) Where there are successive transfers of rights, subsection (3) has effect in relation to each of them. The substantial performance or completion of the secondary contract arising from an earlier transfer of rights at the same time as, and in connection with, the substantial performance or completion of the secondary contract arising from a subsequent transfer of rights shall be disregarded.'.
Mr Chancellor of the Exchequer 56 Page 32, line 23 [Clause 45], at end insert—'( ) Section 839 of the Taxes Act 1988 (connected persons) applies for the purposes of subsection (3)(b)(i).'.
Mr Chancellor of the Exchequer 57 Page 33, line 15 [Clause 47], leave out 'part-exchange' and insert 'relief for certain exchanges'.
Mr Michael Howard 98 Page 35, line 40 [Clause 53], leave out 'stamp duty land' and insert 'property transaction'.
Mr Michael Howard 9 Page 37, line 30, leave out Clause 56.
Mr Chancellor of the Exchequer 58 Page 38, line 12 [Clause 58], leave out from 'dwelling' to end of line 13.
Mr Chancellor of the Exchequer 59 Page 38, line 20 [Clause 58], leave out from beginning to 'and' in line 21.
Mr Chancellor of the Exchequer 60 Page 41, line 37 [Clause 61], leave out lines 37 to 40 and insert—'The National Assembly for Wales
Local government: England A county or district council constituted under section 2 of the Local Government Act 1972 (c.70)'.
Mr Chancellor of the Exchequer 61 Page 41, line 45 [Clause 61], at end insert—
'Local government: Wales A county or county borough council constituted under section 21 of the Local Government Act 1972 (c.70).'.
Mr Chancellor of the Exchequer 62 Page 42 [Clause 61], leave out lines 4 to 11 and insert—'A Strategic Health Authority or Health Authority established under section 8 of the National Health Service Act 1977 (c.49) A Special Health Authority established under section 11 of that Act A Primary Care Trust established under section 16A of that Act A Local Health Board established under section 16BA of that Act A National Health Service Trust established under section 5 of the National Health Service and Community Care Act 1990 (c.19)'.
Mr Chancellor of the Exchequer 63 Page 42, line 24 [Clause 61], at end insert—
Other planning authorities Any other authority that—
Mr Michael Howard 21 Page 42, line 28 [Clause 62], leave out 'stamp duty land' and insert 'property transaction'.
Mr Chancellor of the Exchequer 64 Page 45 [Clause 66], leave out lines 28 to 31 and insert—
'Local government: England A county or district council constituted under section 2 of the Local Government Act 1972 (c.70)'.
Mr Chancellor of the Exchequer 65 Page 45, line 35 [Clause 66], at end insert—
'Local government: Wales A county or county borough council constituted under section 21 of the Local Government Act 1972 (c.70).'.
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