|
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(5D) | Where a Bill is amended as mentioned in subsection (5A)(a)(ii), it does |
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not matter for the purposes of subsection (5A)(b) if the House orders as |
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mentioned in subsection (5A)(b) before the amendment to the Bill is |
| |
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(6) | In subsection (6) for “(4) or (5)” substitute “(4), (5) or (5B)”. |
| 5 |
(7) | After subsection (8) insert— |
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“(9) | Subsection (8) does not apply where the later resolution is passed in a |
| |
different calendar year from that in which the earlier resolution is |
| |
| |
(8) | Accordingly, the following provisions are repealed— |
| 10 |
(a) | section 205(4) of FA 1993; |
| |
(b) | section 50(1) and (3) of F(No.2)A 1997. |
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(9) | The amendments made by this section come into force on such day as the |
| |
Treasury may by order made by statutory instrument appoint. |
| |
(10) | Subject to subsection (11), the amendments do not apply in relation to any |
| 15 |
resolution passed before the day appointed under subsection (9). |
| |
(11) | The cases covered by section 1(9) of the Provisional Collection of Taxes Act |
| |
1968 (as inserted by subsection (7)) include cases where the earlier resolution |
| |
(but not the later resolution) is passed before the day appointed under |
| |
| 20 |
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(1) | The amendments made by the second order are to be treated, for all tax |
| |
purposes, as having come into force on 24 February 2010 immediately after the |
| |
coming into force of the first order. |
| |
(2) | A person may elect that subsection (1) is not to have effect in relation to that |
| 25 |
| |
(3) | An election under subsection (2)— |
| |
(a) | is to be made by notice in writing to an officer of Revenue and Customs, |
| |
(b) | may not be made after the end of the period of 30 days beginning with |
| |
the day on which this Act is passed, and |
| 30 |
| |
| |
“the first order” means the Financial Services and Markets Act 2000 |
| |
(Regulated Activities) (Amendment) Order 2010 (S.I. 2010/86); |
| |
“the second order” means the Financial Services and Markets Act 2000 |
| 35 |
(Regulated Activities) (Amendment) Order 2011 (S.I. 2011/133); |
| |
“tax” means any tax or duty. |
| |
(5) | Nothing in this section affects the commencement of the second order |
| |
otherwise than as provided for by this section. |
| |
|
| |
|
| |
|
| |
The Commissioners for Her Majesty’s Revenue and Customs may incur |
| |
expenditure in preparing for the introduction of a new duty to be charged in |
| |
respect of games played on machines. |
| |
| 5 |
Schedule 26 contains provision repealing redundant reliefs. |
| |
| |
| |
| |
| 10 |
“ALDA 1979” means the Alcoholic Liquor Duties Act 1979, |
| |
“BGDA 1981” means the Betting and Gaming Duties Act 1981, |
| |
“CAA 2001” means the Capital Allowances Act 2001, |
| |
“CRCA 2005” means the Commissioners for Revenue and Customs Act |
| |
| 15 |
“CTA 2009” means the Corporation Tax Act 2009, |
| |
“CTA 2010” means the Corporation Tax Act 2010, |
| |
“FISMA 2000” means the Financial Services and Markets Act 2000, |
| |
“HODA 1979” means the Hydrocarbon Oil Duties Act 1979, |
| |
“ICTA” means the Income and Corporation Taxes Act 1988, |
| 20 |
“IHTA 1984” means the Inheritance Tax Act 1984, |
| |
“ITA 2007” means the Income Tax Act 2007, |
| |
“ITEPA 2003” means the Income Tax (Earnings and Pensions) Act 2003, |
| |
“ITTOIA 2005” means the Income Tax (Trading and Other Income) Act |
| |
| 25 |
“OTA 1975” means the Oil Taxation Act 1975, |
| |
“PRTA 1980” means the Petroleum Revenue Tax Act 1980, |
| |
“TCGA 1992” means the Taxation of Chargeable Gains Act 1992, |
| |
“TIOPA 2010” means the Taxation (International and Other Provisions) |
| |
| 30 |
“TMA 1970” means the Taxes Management Act 1970, |
| |
“TPDA 1979” means the Tobacco Products Duty Act 1979, |
| |
“VATA 1994” means the Value Added Tax Act 1994, and |
| |
“VERA 1994” means the Vehicle Excise and Registration Act 1994. |
| |
| 35 |
“FA”, followed by a year, means the Finance Act of that year; |
| |
“F(No.2)A”, followed by a year, means the Finance (No. 2) Act of that |
| |
| |
| |
This Act may be cited as the Finance Act 2011. |
| 40 |
|
| |
|
| |
|
| |
| |
| |
New high strength beer duty |
| |
| |
1 | In Part 3 of ALDA 1979 (beer), after section 36H insert— |
| 5 |
“Charge of excise duty: high strength beer |
| |
37 | High strength beer duty |
| |
(1) | A duty of excise is charged on high strength beer— |
| |
(a) | imported into the United Kingdom, or |
| |
(b) | produced in the United Kingdom, |
| 10 |
| on or after 1 October 2011. |
| |
(2) | “High strength beer” means beer which is of a strength exceeding 7.5 |
| |
| |
(3) | The duty charged by subsection (1) is referred to in this Act as “high |
| |
| 15 |
(4) | High strength beer duty is charged at £4.64 per hectolitre per cent of |
| |
| |
(5) | Subject to the provisions of this Act— |
| |
(a) | the high strength beer duty on beer produced in, or imported |
| |
into, the United Kingdom is to be charged and paid, and |
| 20 |
(b) | the amount chargeable in respect of any such duty is to be |
| |
determined and becomes due, |
| |
| in accordance with regulations under section 49 and with any |
| |
regulations under section 1 of the Finance (No. 2) Act 1992.” |
| |
Consequential amendments in ALDA 1979 |
| 25 |
2 | ALDA 1979 is amended as follows. |
| |
3 | In section 4 (interpretation), in subsection (1) insert at the appropriate |
| |
| |
““general beer duty” has the meaning given by section |
| |
| 30 |
““high strength beer duty” has the meaning given by section |
| |
| |
4 (1) | Section 36 (beer: charge of excise duty) is amended as follows. |
| |
|
| |
|
| |
|
(2) | After subsection (1) insert— |
| |
“(1ZAA) | The duty charged by subsection (1) is referred to in this Act as |
| |
| |
(3) | In subsection (1AA), for “the duty” substitute “general beer duty”. |
| |
(4) | In subsection (1A), after “No” insert “general beer”. |
| 5 |
(5) | In subsection (2)(a), for “the duty” substitute “general beer duty”. |
| |
(6) | For the heading substitute “General beer duty”. |
| |
5 | In section 36B (interpretation of provisions relating to small brewery beer), |
| |
in subsection (5), after “rate of” insert “general beer”. |
| |
6 (1) | Section 36D (rate of duty for small brewery beer from singleton breweries) |
| 10 |
| |
(2) | In subsection (2), after “rate of” insert “general beer”. |
| |
(3) | In the heading, after “Rate of” insert “general beer”. |
| |
7 (1) | Section 36F (rate of duty for small brewery beer from co-operated breweries) |
| |
| 15 |
(2) | In subsection (2), after “rate of” insert “general beer”. |
| |
(3) | In the heading, after “Rate of” insert “general beer”. |
| |
8 (1) | Section 36G (assessments where incorrectly low rate of duty applied) is |
| |
| |
(2) | In subsection (1)(a), for “duty is charged by section 36 above” substitute |
| 20 |
“general beer duty is charged”. |
| |
(3) | In subsection (2)(a), for “duty is charged by section 36 above” substitute |
| |
“general beer duty is charged”. |
| |
(4) | In subsection (3)(a), for “duty charged on the beer by section 36 above” (in |
| |
both places) substitute “general beer duty charged on the beer”. |
| 25 |
| |
(a) | for “duty charged” substitute “general beer duty charged”, and |
| |
(b) | in paragraph (a), for “the duty” substitute “that duty”. |
| |
9 | In section 36H (power to vary reduced rate provisions), in subsection (1) for |
| |
“excise duty” substitute “general beer duty”. |
| 30 |
10 | In section 41 (exemption from duty of beer produced for private |
| |
consumption), for “The duty on beer produced in the United Kingdom shall |
| |
not be” substitute “Neither general beer duty on beer produced in the United |
| |
Kingdom, nor high strength beer duty on beer so produced, is”. |
| |
11 | In section 49 (beer regulations), in subsection (1)— |
| 35 |
(a) | for “the duty” (in the first place it occurs) substitute “general beer |
| |
duty or high strength beer duty”, and |
| |
(b) | for “the duty” (in the second place it occurs) substitute “any duty”. |
| |
12 | In section 49A (drawback allowable to registered brewer), in subsection (2) |
| |
for “the excise” substitute “any excise”. |
| 40 |
|
| |
|