Public Bill Committee: 18 June 2009

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Finance Bill, continued

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

65

Schedule  46,  page  343,  line  20,  leave out ‘or officer’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

81

Clause  93,  page  45,  line  27,  leave out ‘£25,000’ and insert ‘the greater of—

(i)	£25,000 or

(ii)	a percentage of the person’s income as determined by an order

made by the Treasury.’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

82

Clause  93,  page  45,  line  30,  after ‘deliberate’, insert ‘and concealed’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

83

Clause  93,  page  45,  leave out lines 32 to 40.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

84

Clause  93,  page  46,  line  14,  at end insert—

‘(5A)

No information may be published without the consent of the Chief Executive of

Her Majesty’s Revenue and Customs.’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

85

Clause  93,  page  46,  line  18,  at end insert ‘and

(c)	inform the person of his right of appeal under subsection (11A) below’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

86

Clause  93,  page  46,  line  36,  at end insert—

‘(11A)

No information may be published until the person has had the opportunity to

appeal to the First Tier Tribunal for an in-camera hearing against the decision to

publish details of that person.

Public Bill Committee: 18 June 2009

160

Finance Bill, continued

(11B)

The Treasury may by order made by statutory instrument make provision for and

in connection with appeals to the First Tier Tribunal under subsection (11A).’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

87

Clause  94,  page  47,  line  11,  leave out subsections (2) to (5).

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

88

Clause  94,  page  47,  line  19,  at end insert—

‘(3A)

An order under this section may not—

(a)	remove or weaken a safeguard available to a taxpayer, or

(b)	increase a penalty or HMRC power.’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

61

Clause  94,  page  47,  line  22,  leave out ‘annulment in pursuance of a’ and insert ‘an

affirmative’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

66

Schedule  47,  page  345,  line  35,  leave out sub-paragraph (5).

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

62

Clause  95,  page  48,  line  2,  leave out subsections (5) to (8).

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

63

Clause  95,  page  48,  line  4,  at end insert—

‘(5A)

An order under this section may not—

Public Bill Committee: 18 June 2009

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Finance Bill, continued

(a)	remove or weaken a safeguard available to a taxpayer, or

(b)	increase a penalty or HMRC power.’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

64

Clause  95,  page  48,  line  11,  leave out ‘annulment in pursuance of a’ and insert ‘an

affirmative’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

67

Schedule  49,  page  358,  line  50,  at end insert—

‘(ba)

Revenue and Customs has used all reasonable efforts to ascertain contact

details of the debtor’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

68

Schedule  49,  page  359,  line  24,  at end insert ‘such period being not less than 30

days from the date of the notice.’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

69

Schedule  49,  page  359,  line  27,  after ‘it’, insert ‘does not have the information or

that it’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

70

Schedule  49,  page  360,  line  22,  at end insert—

‘Application of data protection legislation

7A	A third party who provides information to Revenue and Customs as a

consequence of the powers contained in this Schedule shall be deemed to have

acted in compliance with his responsibilities under data protection

legislation.’.

Public Bill Committee: 18 June 2009

162

Finance Bill, continued

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

71

Schedule  52,  page  377,  line  23,  leave out ‘, or ought reasonably to have known,’.

New Clauses

Taxation: general anti-avoidance principle

Mr Michael Meacher

NC1

To move the following Clause:—

‘(1)	If, when determining the liability of a person to taxation, duty or similar charge

due under statute in the United Kingdom, it shall be estimated that a step or steps

have been included in a transaction giving rise to that liability or to any claim for

an allowance, deduction or relief, with such steps having been included for the

sole or one of the main purposes of securing a reduction in that liability to

taxation, deduction or similar charge with no other material economic purpose for

the inclusion of such a step being capable of demonstration by the taxpayer, then,

subject to the sole exception that the step or steps in question are specifically

permitted under the terms of any legislation promoted for the specific purpose of

permitting such use, such step or steps shall be ignored when calculating the

resulting liability to taxation, duty or similar charge.

(2)	In the interpretation of this provision a construction that would promote the

purpose or object underlying the provision shall be preferred to a construction

that would not promote that purpose or object.’.

Personal allowances for 2009-10 for those aged over 65

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

NC2

To move the following Clause:—

‘(1)	For the tax year 2009-10 the amount specified in—

(a)	section 36 of ITA 2007, and

(b)	section 257(2) of ICTA,

(personal allowance for those aged 65 to 74) is replaced with “£11,490”.

(2)	For the tax year 2009-10 the amount specified in—

(a)	section 37 of ITA 2007, and

Public Bill Committee: 18 June 2009

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Finance Bill, continued

(b)	section 257(3) of ICTA,

(personal allowance for those aged 75 and over) is replaced with “£11,640”’.

Thresholds for residential property

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

NC3

To move the following Clause:—

‘(1)	A land transaction is exempt from the charge to stamp duty land tax if—

(a)	it is a relevant acquisition of land which consists entirely of residential

property,

(b)	the relevant chargeable consideration for the transaction is not more than

£250,000, and

(c)	the purchaser is a first time purchaser.

(2)	In paragraph (1)(a) a “relevant acquisition of land” means an acquisition of a

major interest in land other than—

(a)	the grant of a lease for a term of less than 21 years, or

(b)	the assignment of a lease which has less than 21 years to run.

(3)	In paragraph (1)(b) the “relevant chargeable consideration for the transaction”

means—

(a)	the chargeable consideration for the transaction, or

(b)	where the transaction is one of a number of linked transactions, the total

of the chargeable consideration for all those transactions.

(4)	The Treasury shall by regulation define the meaning of “first time purchaser.”’.

Publication of taxpayer ‘gold list’

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

NC4

To move the following Clause:—

‘(1)	The Commissioners may publish a list of taxpayers who, in the opinion of the

Commissioners, have performed their tax paying and reporting obligations in an

exemplary manner.

(2)	The details of a taxpayer identified under subsection (1) shall be as agreed

between the Commissioners and the taxpayer.

(3)	In making an assessment of the inclusion of a taxpayer for publication under

subsection (1), the Commissioners shall take into account the size and complexity

of the taxpayers’ affairs.

Public Bill Committee: 18 June 2009

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Finance Bill, continued

(4)	The Commissioners shall not refuse to list a taxpayer under subsection (1) on the

grounds that—

(a)	the taxpayer has taken reasonable measures to minimise his tax liability,

or

(b)	the taxpayer, acting in good faith, is in dispute with HM Revenue and

Customs.

(5)	The Commissioners must publish guidance as to the criteria that shall be used in

assessing whether a taxpayer should be identified under subsection (1).

(6)	The Commissioners must consult with stakeholders before publishing any

guidance under subsection (5).’.

Order of the House [6 MAY 2009]

That the following provisions shall apply to the Finance Bill:

1.	Clauses 7, 8, 9, 11, 14, 16, 20 and 92 be committed to a Committee of the

whole House;

2.	the remainder of the Bill be committed to a Public Bill Committee; and

3.	when the provisions of the Bill considered by the Committee of the whole

House and the Public Bill Committee have been reported to the House, the

Bill be proceeded with as if it had been reported as a whole to the House from

the Public Bill Committee.

Resolution of the Committee [19 May 2009]

That the Committee shall meet—

    on Tuesdays at 10.30 a.m. and 4.30 p.m., and

    on Thursdays (other than Thursday 4 June) at 9.00 a.m. and 1.00 p.m.,

  when the House is sitting.

Order of the Committee [19 May 2009]

That the order in which proceedings are taken shall be: Clauses 1 to 5; Schedule 1;

Clause 6; Schedules 2 and 3; Clauses 10, 12, and 13; Schedule 4; Clauses 15 and 17;

Schedule 5; Clauses 18, 19 and 21 to 23; Schedule 6; Clauses 24 to 26; Schedule 7; Clause

27; Schedule 8; Clause 28; Schedule 9; Clause 29; Schedule 10; Clause 30; Schedule 11;

Clause 31; Schedule 12; Clause 32; Schedule 13; Clauses 33 and 34; Schedule 14; Clause

35; Schedule 15; Clause 36; Schedule 16; Clause 37; Schedule 17; Clause 38; Schedule

18; Clauses 39 and 40; Schedule 19; Clause 41; Schedule 20; Clauses 42 and 43; Schedule

21; Clause 44; Schedule 22; Clauses 45 and 46; Schedule 23; Clauses 47 and 48; Schedule

24; Clause 49; Schedule 25; Clause 50; Schedule 26; Clause 51; Schedule 27; Clauses 52

and 53; Schedule 28; Clauses 54 to 58; Schedule 29; Clauses 59 to 61; Schedule 30;

Clause 62; Schedule 31; Clause 63; Schedule 32; Clause 64; Schedule 33; Clause 65;

Schedule 34; Clauses 66 to 71; Schedule 35; Clauses 72 to 75; Schedule 36; Clauses 76

to 82; Schedule 37; Clause 83; Schedule 38; Clause 84; Schedule 39; Clause 85; Schedule

40; Clause 86; Schedule 41; Clause 87; Schedule 42; Clause 88; Schedule 43; Clause 89;

Schedule 44; Clause 90; Schedule 45; Clause 91; Schedule 46; Clauses 93 and 94;

Schedule 47; Clause 95; Schedule 48; Clause 96; Schedule 49; Clause 97; Schedule 50;

Clause 98; Schedule 51; Clause 99; Schedule 52; Clause 100; Schedule 53; Clause 101;

Schedule 54; Clauses 102 to 105; Schedule 55; Clause106; Schedule 56; Clauses 107 and

108; Schedule 57; Clause 109; Schedule 58; Clauses 110 to 117; Schedule 59; Clause 118;

Public Bill Committee: 18 June 2009

165

Finance Bill, continued

Schedule 60; Clauses 119 to 122; Schedule 61; Clauses 123 and 124; new Clauses; new

Schedules; Clauses 125 and 126

---

Revised 18 June 2009