103

House of Commons

Thursday 11 June 2009

Public Bill Committee

New Amendments handed in are marked thus

Amendments which will comply with the required notice period at their next appearance

Finance Bill

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(Except Clauses 7, 8, 9, 11, 14, 16, 20 and 92)

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Note

The Amendments have been arranged according to the Order of the Committee

[19 May 2009].

Mr Mark Hoban

172

Schedule  19,  page  200,  line  28,  after ‘(6)’, insert ‘, section 378A’.

Mr Stephen Timms

Mr Mark Hoban

158

Schedule  19,  page  201,  line  2,  leave out from ‘fund’ to end of line 3.

Mr Mark Hoban

169

Schedule  19,  page  202,  line  15,  leave out from ‘397AA’ to end of line 18.

Mr Mark Hoban

166

Schedule  19,  page  204,  line  14,  leave out ‘22’ and insert ‘6’.

Mr Mark Hoban

167

Schedule  19,  page  204,  line  16,  leave out ‘22’ and insert ‘6’.

Public Bill Committee: 11 June 2009

104

Finance Bill, continued

Mr Mark Hoban

168

Schedule  19,  page  204,  line  18,  leave out ‘22’ and insert ‘6’.

Dr Vincent Cable

Mr Jeremy Browne

Mr Colin Breed

176

Schedule  24,  page  233,  line  16,  leave out ‘485B’ and insert ‘486B’.

Mr Stephen Timms

159

Schedule  24,  page  243,  line  9,  leave out ‘14’ and insert ‘15’.

Mr Stephen Timms

178

Schedule  25,  page  247,  line  6,  after ‘taxed),’ insert—

‘(aa)

section 809AZCA (certain annuities),’.

Mr Stephen Timms

179

Schedule  25,  page  248,  line  15,  at end insert—

‘809AZCA

Exception: certain annuities

This Chapter does not apply to a transfer of a right to—

(a)	annual payments under a life annuity as defined in section 473(2) of

ITTOIA 2005, or

(b)	annual payments under an annuity which is pension income within the

meaning of Part 9 of ITEPA 2003 (see section 566(2) of that Act).’.

Mr Stephen Timms

180

Schedule  25,  page  250,  line  32,  at end insert ‘and

(i)	in CTA 2009, in Schedule 1, paragraphs 214 and 230.’.

Public Bill Committee: 11 June 2009

105

Finance Bill, continued

Dr Vincent Cable

Mr Jeremy Browne

Mr Colin Breed

177

Clause  52,  page  24,  line  13,  leave out ‘£100’ and insert ‘£500’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

72

Clause  54,  page  26,  line  6,  leave out ‘at or about the same time’ and insert ‘in the

same registration period’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

73

Clause  67,  page  32,  line  6,  leave out ‘12 January’ and insert ‘1 April’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

74

Clause  67,  page  32,  line  7,  leave out subsections (3) and (4).

Mr Mark Todd

181

Clause  78,  page  39,  line  37,  leave out ‘rate’ and insert ‘amount’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

75

Clause  91,  page  45,  line  2,  leave out ‘aspire’ and insert ‘use all reasonable

endeavours to achieve’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

76

Clause  91,  page  45,  line  3,  at end insert ‘and set out the rights and responsibilities

Public Bill Committee: 11 June 2009

106

Finance Bill, continued

of taxpayers and other persons with whom HMRC deals’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

77

Clause  91,  page  45,  line  5,  leave out ‘regularly’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

78

Clause  91,  page  45,  line  5,  after ‘review’, insert ‘at least once every year’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

79

Clause  91,  page  45,  line  5,  after ‘review’, insert ‘at least once every 3 years’.

Mr David Gauke

Mr Mark Hoban

Mr Greg Hands

80

Clause  91,  page  45,  line  5,  leave out ‘and’ and insert—

‘(b)	consult with stakeholders in carrying out the review, and’.

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’.

Public Bill Committee: 11 June 2009

107

Finance Bill, continued

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.

(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.’.

Public Bill Committee: 11 June 2009

108

Finance Bill, continued

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—

(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’.

Public Bill Committee: 11 June 2009

109

Finance Bill, continued

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.’.

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,

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Revised 11 June 2009