|
| |
| | |
| | |
| |
| | |
| | |
| | |
| | |
| | New Clauses relating to information about and simplification of |
|
| | |
| | | Report on proposed tax changes |
|
| | |
| | |
| | |
| | |
| | | Negatived on division NC17 |
|
| | To move the following Clause:— |
|
| | | ‘(1) | The Treasury shall publish each year, not later than the Pre-Budget Report, a |
|
| | | report containing information about the technical content of any tax changes |
|
| | | which it proposes to include in the following year’s Finance Bill. |
|
| | | (2) | Subsection (1) does not require the publication of any information about proposed |
|
| | | changes to rates of taxation. |
|
| | | (3) | A copy of the report must be laid before the House of Commons. |
|
| | | (4) | Standing orders may make provision for the scrutiny of the report.’. |
|
| | |
| | | |
| | |
| | |
| | |
| | |
| | | |
| | To move the following Clause:— |
|
| | | ‘(1) | The Treasury shall publish each year, not later than the Pre-Budget Report, its |
|
| | | proposals for the simplification of the tax code of the United Kingdom. |
|
| | | (2) | A copy of the proposals must be laid before the House of Commons. |
|
|
| |
| | |
| | |
| |
| | | (3) | Standing orders may make provision for the scrutiny of the proposals.’. |
|
| | |
| | Amendments relating to schedule 3 |
|
| | |
| | |
| | |
| | |
| | | |
| | Page 127, line 5 [Schedule 3], leave out ‘B,’. |
|
| | |
| | |
| | |
| | |
| | | |
| | Page 127 [Schedule 3], leave out lines 12 to 16. |
|
| | |
| | |
| | |
| | |
| | | |
| | Page 127 [Schedule 3], leave out lines 23 to 25. |
|
| | |
| | |
| | |
| | |
| | |
| | | |
| | Page 128, line 1 [Schedule 3], at beginning insert ‘In respect of qualifying business |
|
| | disposals within section 169H(2)(a) and (b),’. |
|
| | |
| | |
| | |
| | |
| | |
| | | |
| | Page 130 [Schedule 3], leave out lines 31 to 36 and insert— |
|
| | | ‘(a) | that during the period of ownership of the individual or from 6 April |
|
| | | |
| | | (i) | the assets which (or interests in which) are disposed of have |
|
| | | not been in use for the purposes of the business throughout |
|
| | | |
|
| |
| | |
| | |
| |
| | | (ii) | only part of the assets which (or interest in which) are |
|
| | | disposed of are in use for the purposes of the business,’. |
|
| | |
| | |
| | |
| | |
| | |
| | | |
| | Page 133, line 21 [Schedule 3], at end insert— |
|
| | | ‘4A | For paragraph 15 of Schedule 7D (taper relief on disposal of qualifying shares) |
|
| | | |
| | | “15 | For the purposes of claiming entrepreneurs’ relief on a disposal of |
|
| | | qualifying shares, in applying sections 169I and 169S(3) the shares |
|
| | | are treated as if they had been acquired when the original option |
|
| | | |
| | Mr Chancellor of the Exchequer |
|
| | | |
| | Page 133, line 26 [Schedule 3], at end insert— |
|
| | | ‘Transitionals: section 169P(4)(d) |
|
| | | 5A | Section 169P of TCGA 1992 has effect in a case where the period for which |
|
| | | the assets are in use for the purposes of the business began before 6 April 2008 |
|
| | | as if the reference in subsection (4)(d) of that section to that period were to so |
|
| | | much of it as falls on or after that date.’. |
|
| | |
| | New Clauses relating to vehicle excise duty and fuel duties |
|
| | | Vehicle excise duty: variation of graduated rates for light passenger vehicles |
|
| | |
| | |
| | |
| | |
| | |
| | | Negatived on division NC3 |
|
| | To move the following Clause:— |
|
| | | ‘(1) | The Treasury may by regulations made by statutory instrument vary the table in |
|
| | | paragraph 1B (graduated rates for light passenger vehicles) of Schedule 1 to |
|
| | | VERA (annual rates of duty). |
|
| | | (2) | A statutory instrument containing regulations under this section may not be made |
|
| | | unless a draft of the instrument has been laid before and approved by a resolution |
|
| | | |
|
| |
| | |
| | |
| |
| | | (3) | The power conferred by subsection (1) does not extend to the ending of different |
|
| | | provision for vehicles first registered after 1 March 2001 and before 23 March |
|
| | | 2006 and with a CO2 emissions figure exceeding 185 g/km.’. |
|
| | |
| | | |
| | |
| | |
| | |
| | |
| | | |
| | To move the following Clause:— |
|
| | | ‘The Treasury shall publish annually alongside the Pre-Budget report an estimate |
|
| | | of the average cost of operating a motor vehicle (including associated running |
|
| | | costs and depreciation) per mile for a vehicle driving 10,000 miles per year for— |
|
| | | (a) | a vehicle registered before 1st March 2001 paying a pre-graduated |
|
| | | Vehicle Excise Duty with an engine size 1549cc below; |
|
| | | (b) | a vehicle registered before 1st March 2001 paying pre-graduated Vehicle |
|
| | | Excise Duty with an engine size above 1549cc; and |
|
| | | (c) | a vehicle registered after 1st March 2001 liable to pay graduated Vehicle |
|
| | | Excise Duty in each of the VED bands A-M with effect from 1st april |
|
| | | |
| | |
| | | Fuel duties: rates and rebates: general fuel duty regulator |
|
| | |
| | |
| | |
| | |
| | |
| | |
| | | Negatived on division NC8 |
|
| | To move the following Clause:— |
|
| | | ‘(1) | HODA 1979 is amended as follows. |
|
| | | (2) | In section 6 (excise duty on hydrocarbon oil) after subsection (1A) (as substituted |
|
| | | by section 11 of this Act) insert— |
|
| | | “(1AA) | In every Budget Statement and pre-Budget Statement the Chancellor of |
|
| | | the Exchequer must provide a forecast for oil prices and set out |
|
| | | anticipated yield from fuel duty and VAT on fuel for that price and for a |
|
| | | range of prices up to 50 per cent. above his forecast. |
|
| | | (1AB) | The Treasury must, following each such statement, by regulations made |
|
| | | by statutory instrument reduce the rates of duty specified in subsection |
|
| | | (1A) in direct proportion to the increase in the costs accounted for by |
|
| | | |
|
| |
| | |
| | |
| |
| | | (1AC) | Whenever international oil prices rise above the level estimated by the |
|
| | | forecast made in accordance with subsection (1AA), indexed fuel duty |
|
| | | increases shall not take effect until the international oil prices return to |
|
| | | the forecast level or the forecast price is amended by the next Budget or |
|
| | | |
| | |
| | | Fuel duties: rates and rebates: road hauliers and remote rural areas |
|
| | |
| | |
| | |
| | |
| | |
| | |
| | | |
| | To move the following Clause:— |
|
| | | ‘(1) | HODA 1979 is amended as follows. |
|
| | | (2) | In section 6 (excise duty on hydrocarbon oil) after subsection (1A) (as substituted |
|
| | | by section 11 of this Act) insert— |
|
| | | “(1AA) | In every Budget Statement and pre-Budget Statement the Chancellor of |
|
| | | the Exchequer must provide a forecast for oil prices and set out |
|
| | | anticipated yield from fuel duty and VAT on fuel for that price and for a |
|
| | | range of prices up to 50 per cent. above his forecast. |
|
| | | |
| | | (a) | following each such statement, by regulations made by statutory |
|
| | | instrument reduce the rates of duty specified in subsection (1A) |
|
| | | in direct proportion to the increase in the cost accounted for by |
|
| | | |
| | | (b) | provide a mechanism to pay the reduction directly to road |
|
| | | hauliers with an ‘O’ licence including a restricted licence, a |
|
| | | standard licence or a standard international licence; |
|
| | | (c) | bring forward proposals not later than the pre-Budget Statement |
|
| | | 2008 to provide specific fuel duty reductions targeted at fuel sold |
|
| | | |
| | | (1AC) | Whenever international oil prices rise above the level estimated by the |
|
| | | forecast made in accordance with subsection (1AA), indexed fuel duty |
|
| | | increases shall not take effect until the international oil prices return to |
|
| | | the forecast level or the forecast price is amended by the next Budget or |
|
| | | |
| | |
|
| |
| | |
| | |
| |
| | | Remote rural fuel discount scheme |
|
| | |
| | |
| | |
| | |
| | |
| | |
| | | Negatived on division NC14 |
|
| | To move the following Clause:— |
|
| | | ‘(1) | The Treasury shall by regulations provide for the introduction, by no later than 1 |
|
| | | April 2009, of a remote rural fuel discount scheme. |
|
| | | (2) | The purpose of the scheme is to provide a rebate on road fuel duty at qualifying |
|
| | | retail outlets in qualifying areas to reduce the premium paid for fuel in such areas |
|
| | | over the national average. |
|
| | | (3) | Qualifying retail outlets under subsection (2) are outlets located in qualifying |
|
| | | areas meeting any criteria as defined under subsection (4). |
|
| | | (4) | Qualifying areas are remote rural areas as may be defined by regulations under |
|
| | | |
| | | (5) | Regulations under subsection (1) may— |
|
| | | (a) | specify the amount of the fuel duty rebate; |
|
| | | (b) | define “remote rural areas”; |
|
| | | (c) | define qualifying retail outlets, including any restriction; |
|
| | | (d) | specify how the rebate is to be applied, including— |
|
| | | (i) | authorising HMRC to define procedures and conduct audits, and |
|
| | | (ii) | how any administrative costs are to be defrayed; |
|
| | | (e) | provide for it to be an offence for a person fraudulently to supply or sell |
|
| | | rebated fuel other than as proscribed by these regulations; |
|
| | | (f) | provide for a system of registration of eligible retail outlets; |
|
| | | (g) | provide for the scheme to be administered in Scotland by the Scottish |
|
| | | Executive and in Wales by the Welsh Ministers.’. |
|
| | |
| | amendments relating to clauses 15 and 7 and schedules 7 and 17 |
|
| | |
| | |
| | |
| | |
| | |
| | |
| | | |
| | Page 8, line 9 [Clause 15], at end insert— |
|
| | | ‘(3A) | In paragraph 1C (the reduced rate)— |
|
| | | (a) | in sub-paragraph (1) for “or C” substitute “C or D”; |
|
| | | (b) | after sub-paragraph (4) insert— |
|
| | | “(4A) | Condition D is that the vehicle is an off-road working |
|
| | | |
| | | (c) | in sub-paragraph (6) insert at the appropriate place— |
|
|
