| Finance (No. 2) Bill, As Amended - continued | House of Commons |
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Use of moneys for new nuclear weapons Mr Alan Simpson
Mr Jim Devine Paul Flynn Mr Mike Hancock Lynne Jones John McDonnell Mrs Linda Riordan Jon Trickett Mike Wood NC11 * To move the following Clause:— ‘(1) The Chancellor shall within six months of the passing of this Act and thereafter annually report to Parliament on the amount of money raised by measures in this Act that in his opinion have been, and are likely to be, spent on: (a) new nuclear weapons; and (b) any research and development programmes relating to the provision of new nuclear weapons; and (2) It shall be the duty of the Chancellor to make a motion for a resolution approving in the House of Commons every report before Parliament under subsection (1). Use of moneys raised in accordance with this Act Mr Alan Simpson
Mr Jim Devine Paul Flynn Mr Mike Hancock Lynne Jones John McDonnell Mrs Linda Riordan Jon Trickett Mike Wood NC12 * To move the following Clause:— ‘(1) The Chancellor shall within six months of the passing of this Act and thereafter annually report to Parliament on the amount of money raised by measures in this Act that in his opinion have been, and are likely to be, spent on: (a) maintaining a military presence in Iraq; and (b) the deployment of troops or use of equipment for armed conflict. (2) It shall be the duty of the Chancellor to make a motion for a resolution approving in the House of Commons every report before Parliament under subsection (1).’. Tax Credits (Report) Mrs Theresa Villiers
NC13 * To move the following Clause:— ‘Following the Budget speech but prior to 15 July, the Chancellor of the Exchequer shall lay before Parliament a report stating— (a) the estimate of overpayment of tax credits in the previous tax year. (b) the estimate of underpayment of tax credits in the previous tax year, (c) the estimate of fraud against the tax credits system in the previous tax year.’. Listing Requirements for Real Estate Investment Trusts Mrs Theresa Villiers
NC14 * To move the following Clause:— ‘The shares forming the ordinary share capital of a Real Estate Investment Trust company must be listed on a recognised stock exchange or on the Alternative Investment Market of the London Stock Exchange or its equivalent European Union exchanges.’. Report on environmental impact taxation Julia Goldsworthy NC15 * To move the following Clause:— ‘The Chancellor of the Exchequer shall publish a report at the time of the Budget Statement stating the amount of revenue taken from— (a) landfill tax, (b) the climate change levy, (c) any increase in real terms in the hydrocarbon oil duty, and (d) vehicle excise duty.’. Tax credits: putting things right Julia Goldsworthy NC16 * To move the following Clause:— ‘(1) The Chancellor of the Exchequer shall within six months of the passing of this Act implement the twelve specific recommendations made by the Parliamentary and Health Service Ombudsman in Tax Credits: Putting things right (June 2005) (Paragraph 3.41, 5.17, 5.21, 5.29, 5.30, 5.30, 5.30, 5.41, 5.51, 5.61, 5.65, 7.14).’. Aviation fuel duty indexation Julia Goldsworthy NC17 * To move the following Clause:— ‘Aviation Fuel Duty will be indexed to inflation.’. Information relating to section 157 and Schedule 20 Julia Goldsworthy NC18 * To move the following Clause:— ‘The Chancellor of the Exchequer shall provide the House with the information relating to section 157 of and Schedule 20 to this Act requested by the Treasury Committee in its Report on the 2006 Budget at page 56 paragraph 109.’. Remaining New Schedule Mr Alan Simpson
Mr David Drew Tim Farron Dr Evan Harris Kelvin Hopkins Mr John Leech Mr Michael Meacher Adam Price David Taylor Mr Robert N. Wareing Sammy Wilson NS1 * To move the following Schedule:— Stamp Duty Land Tax; lower rate for certain measures 21 After section 92 of the Finance Act 2003 insert— “92A Lower rate where notice given relating to specified measures (1) This section applies where— (a) the purchaser is liable to pay the tax in respect of a chargeable transaction, (b) the relevant land consists entirely of residential property, and (c) the purchaser has given notice of an intention to undertake or to have undertaken relevant specified measures within the relevant period. (2) Where this section applies, regulations shall prescribe a lower rate of tax chargeable in respect of the transaction, and different lower rates may apply to the undertaking of different relevant measures. (3) The lower rate in regulations under subsection (2) may be expressed as— (a) a percentage of the chargeable consideration, (b) a percentage of the amount of the tax in respect of the chargeable transaction that would be payable if this section were not to apply, or (c) a specified monetary reduction in the amount of tax payable. (4) In determining the lower rate in regulations under subsection (2), the Treasury shall have regard to— (a) any energy efficiency aims for residential accommodation designated under section 2 or 3 of the Sustainable Energy Act 2003 (energy efficiency in residential accommodation: designation by Secretary of State and by the National Assembly for Wales), and (b) the duty of the Secretary of State under section 217(1) of the Housing Act 2004 (duty in relation to increase in energy efficiency of residential accommodation in England), and (c) the microgeneration strategy published pursuant to section 82 of the Energy Act 2004; and (d) the need to conserve water. (5) Notice for the purpose of subsection (1)(c) shall be given in writing in such terms as may be prescribed by regulations. (6) Regulations shall— (a) prescribe ‘relevant specified measures’ for the purposes of this section, and (b) specify the extent to which the lower rate prescribed under regulations under this section is payable in relation to different specified measures undertaken. (7) The prescribed definition under subsection (6) shall include— (a) measures to improve the thermal insulation of the property, (b) other measures to improve the energy efficiency of the property, (c) the installation of microgeneration measures, (d) the installation of water saving measures. 92B Arrangements in relation to lower rate under s. 92A (1) Where section 92A applies, regulations may require a person or body other than the purchaser to retain the relevant amount until a decision is made that the relevant specified energy efficiency measures have been undertaking by or on behalf of the purchaser. (2) Regulations may prescribe the person or body that is to decide whether or not the relevant energy efficiency measures have been undertaken. (3) Any such decision must be taken within, or as soon as practicable after the relevant period. (4) Where it is decided that the relevant specified measures have been taken within the relevant period, the relevant amount, and any interest payable on it, shall be paid to the purchaser. (5) Where it is decided that the relevant specified measures have not been taken within the relevant period, the relevant amount, and any interest payable on it, shall be payable in the same manner as the tax. (6) Interest payable under subsections (4) and (5) shall be determined in accordance with the provisions of section 87. (7) Regulations may amend Schedules 10 and 12 so as to provide for— (a) the making of returns in relation to the provisions of section 92A and this section and regulations made under them, (b) duties to keep and preserve records in relation to those provisions and regulations, (c) appeals against decisions under those provisions and regulations, and (d) the recovery of relevant amounts and interest payable on them. (8) The powers to make regulations under section 92A and this section are exercisable by the Treasury. 22 In section 92A and this section— “the relevant amount” means an amount that is the difference between— (a) the amount of the tax in respect of the chargeable transaction that would be payable if section 92A were not to apply, and (b) the amount of tax in respect of the chargeable transaction that is payable under section 92A; “the relevant period” means a period to be specified in regulations beginning with the date on which the tax becomes payable. 23 In section 114 (orders and regulations made by the Treasury or Inland Revenue), in subsection (4), at the end, insert “paragraph 9A(1) of Schedule 19 (commencement of sections 92A and 92B.” 24 In Schedule 19 (Stamp duty land tax: commencement and transitional provisions), after paragraph 9, insert— “Commencement of sections 92A and 92B 9A. (1) Sections 92A and 92B shall come into force in accordance with the provisions of an order made by the Treasury. (2) No order may be made under sub-paragraph (1) before the coming into force of section 155 of the Housing Act 2004 (duty to have a home information pack).”.’. Julia Goldsworthy 123 * Page 14, line 15 [Clause 13], leave out Table A and insert—
Julia Goldsworthy 127 * Page 14, line 15 [Clause 13], leave out Table A and insert—
Julia Goldsworthy 124 * Page 14, line 26 [Clause 13], leave out Table B and insert—
Julia Goldsworthy 129 * Page 14, line 26 [Clause 13], leave out Table B and insert—
Julia Goldsworthy 125 * Page 15, line 8 [Clause 13], at end insert— ‘(3A) After paragraph 1B insert— “1BB For the purposes of paragraph 1B above, ‘remote rural area’ shall be defined in regulations made by the Treasury by statutory instrument.”.’. Julia Goldsworthy 128 * Page 15, line 8 [Clause 13], at end insert— ‘(3A) After paragraph 1B, insert— “1BB For the purposes of paragraph 1B above, ‘remote rural area’ shall be defined in regulations made by the Treasury by statutory instrument.’. Mr Chancellor of the Exchequer 18 Page 22, line 6 [Clause 19], at beginning insert ‘An order under this subsection may confer power on the Commissioners to make regulations or exercise any other function,’. Mr Chancellor of the Exchequer 19 Page 22, line 40 [Clause 19], at end insert— ‘(2A) In section 65 of VATA 1994 (inaccuracies in EC sales statements)— (a) at the end insert— “(7) This section applies in relation to a statement which is required to be submitted to the Commissioners in accordance with regulations under paragraph 2(3A) of Schedule 11 as it applies in relation to an EC sales statement.”, and (b) in consequence of the amendment made by paragraph (a) the heading becomes “Inaccuracies in EC sales statements or in statements relating to section 55A”. (2B) In section 66 of VATA 1994 (failure to submit EC sales statements)— (a) at the end insert— “(10) This section applies in relation to a statement which is required to be submitted to the Commissioners in accordance with regulations under paragraph 2(3A) of Schedule 11 as it applies in relation to an EC sales statement.”, and (b) in consequence of the amendment made by paragraph (a) the heading becomes “Failure to submit EC sales statement or statement relating to section 55A”. (2C) In section 69 of VATA 1994 (breaches of regulatory provisions), in subsection (1) (failure to comply with a requirement imposed under provisions mentioned in the paragraphs in that subsection), after paragraph (b) insert— “(ba) paragraph 2(3B) of Schedule 11; or”.’. Mr Chancellor of the Exchequer 20 Page 22, line 44 [Clause 19], at end insert— ‘(3A) In Schedule 11 to VATA 1994 (administration, collection and enforcement), in paragraph 2 (accounting for VAT and payment of VAT), after sub-paragraph (3) insert— “(3A) Regulations under this paragraph may require the submission to the Commissioners by taxable persons, at such times and intervals, in such cases and in such form and manner as may be— (a) specified in the regulations, or (b) determined by the Commissioners in accordance with powers conferred by the regulations, of statements containing such particulars of supplies to which section 55A(6) applies in which the taxable persons are concerned, and of the persons concerned in those supplies, as may be prescribed. (3B) Regulations under this paragraph may make provision, in relation to the first occasion on which a person makes a supply of goods to which section 55A(6) applies, for requiring the person to give to the Commissioners such notification of the supply at such time and in such form and manner as may be specified in the regulations.”.’ Mrs Theresa Villiers
121 * Page 23, line 3 [Clause 19], at end insert— ‘(1) But no order may be made under this subsection on or after 22nd March 2009.’. Mr Alex Salmond
63 Page 25, line 37 [Clause 24], at end insert— ‘(2) The Chancellor of the Exchequer shall bring forward proposals in his pre-budget report to allow the Scottish Parliament, the National Assembly for Wales and the Northern Ireland Assembly to introduce a variation of the main rate of corporation tax.’. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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