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S.C.A.

243

 
 

House of Commons

 
 

Tuesday 16th May 2006

 

Standing Committee Proceedings

 

Standing Committee A

 

Finance (No. 2) Bill


 

(except Clauses 13 to 15, 26, 61, 91 and 106, Schedule 14, and new Clauses relating to the effect


 

of provisions of the Bill on section 18 of the Inheritance Tax Act 1984)


 

[Fifth and Sixth Sittings]


 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mr Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Not selected  29

 

Clause  23,  page  26,  line  10  [Vol I],  at end add—

 

‘(2)    

In the Taxes Management Act 1970, the time limits for delivery of—

 

(a)    

Personal tax returns set out in sections 8 and 9,

 

(b)    

Trustee’s returns set out in section 8A,

 

(c)    

Partnership returns set out in section 12AA,

 

    

shall apply for the years 2006-07 to 2010-11 inclusive.

 

(3)    

The time limits referred to in subsection (2) shall continue to apply in subsequent

 

years unless, following a period of full consultation in accordance with the Code

 

of Practice on Consultation, Parliament shall decide by primary legislation to

 

amend those time limits.’.

 

Clause Agreed to.

 


 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mr Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Not selected  45

 

Clause  24,  page  26,  line  13  [Vol I],  at end add—

 

‘(2)    

The filing dates mentioned in Finance Act 1998, Schedule 18, paragraph 14 shall

 

apply for the years 2006–07 to 2010–11 inclusive.


 
 

S.C.A.    Standing Committee Proceedings: 16th May 2006            

244

 

Finance (N, continued

 
 

(3)    

The time limits referred to in subsection (2) shall continue to apply in subsequent

 

years unless, following a period of full consultation in accordance with the Code

 

of Practice on Consultation, Parliament shall decide by primary legislation to

 

amend those time limits.’.

 

Clause Agreed to.

 

Clause 25 Agreed to.

 


 

Mr David Gauke

 

Not selected  57

 

Page  27,  line  22  [Vol I],  leave out Clause 27.

 

Clause Agreed to.

 


 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mr Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Withdrawn  25

 

Schedule  1,  page  150,  line  7    [Vol 1],  leave out from ‘arrangements’ to end of line

 

9.

 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mr Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Not called  28

 

Schedule  1,  page  150,  line  11    [Vol 1],  leave out from ‘secure’ to end of line 12 and

 

insert ‘that the amount in question was not eligible for qualifying relief within the

 

meaning of Schedule 18A paragraphs 6, 7, or 8.’.

 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Withdrawn  5

 

Schedule  1,  page  153,  line  35    [Vol 1],  leave out from ‘liability’ to end of line 36.

 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Not called  6

 

Schedule  1,  page  153,  line  38   [Vol 1],  after ‘every’ insert ‘reasonable’.


 
 

S.C.A.    Standing Committee Proceedings: 16th May 2006            

245

 

Finance (N, continued

 
 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Not called  7

 

Schedule  1,  page  154,  line  19   [Vol 1],  leave out from ‘liability’ to end of line 20.

 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Not called  8

 

Schedule  1,  page  154,  line  23   [Vol 1],  leave out ‘immediately after the end of the

 

current period’ and insert ‘when the claim for group relief was made’.

 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Not called  9

 

Schedule  1,  page  155,  line  5   [Vol 1],  leave out from ‘liability’ to end of line 6.

 

Dawn Primarolo

 

Agreed to  22

 

Schedule  1,  page  156,  line  22  [Vol  I],  after ‘the’ insert ‘relevant proportion

 

(see sub-paragraph (5)) of the’.

 

Dawn Primarolo

 

Agreed to  23

 

Schedule  1,  page  156,  line  32  [Vol  I],  at end insert ‘and “the relevant

 

proportion” means the proportion that the appropriate part of the EEA amount bears to the

 

EEA amount’.

 

Mr David Gauke

 

Not selected  56

 

Page  147,  line  7  [Vol I],  leave out Schedule 1.

 

Schedule, as amended, Agreed to.

 

Clause 28 Agreed to.

 

Schedule 2 Agreed to.

 

Clause 29 Agreed to.

 

Schedule 3 Agreed to.

 



 
 

S.C.A.    Standing Committee Proceedings: 16th May 2006            

246

 

Finance (N, continued

 
 

Julia Goldsworthy

 

Mr Colin Breed

 

John Thurso

 

John Hemming

 

Withdrawn  60

 

Clause  30,  page  28,  line  20   [Vol 1],  leave out ‘12’ and insert ‘24’.

 

Julia Goldsworthy

 

Mr Colin Breed

 

John Thurso

 

John Hemming

 

Not called  61

 

Clause  30,  page  28,  line  31   [Vol 1],  leave out from ‘in’ to end of line 32 and insert

 

‘2006-08 or financial year 2006 and 2007.”.’.

 

Clause Agreed to.

 


 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mr Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Withdrawn  30

 

Clause  31,  page  29  [Vol I],  leave out lines 3 and 4.

 

Clause Agreed to.

 


 

Mrs Theresa Villiers

 

Mr Mark Francois

 

Mr Mark Hoban

 

Mr Paul Goodman

 

Andrew Selous

 

Question proposed  47

 

Clause  32,  page  29,  line  14  [Vol I],  at end insert ‘; but notwithstanding the

 

provisions of this section, a company is only a “film production company” if it meets the

 

conditions for film tax relief as set out in section 38 of this Act.’.

 

Ordered, that the debate be now adjourned—(Mr John Heppell.)

 

[Adjourned till Thursday at 9.05 a.m.


 
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