Session 2010 - 12
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2395

House of Commons

Notices of Amendments

given on

Thursday 16 June 2011

For other Amendment(s) see the following page(s) of Supplement to Votes:

2351-52 and 2385-90

Consideration of Bill

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Finance (No. 3) Bill, As Amended

Transfer of personal allowances between spouses

Fiona Bruce

John Glen

Mr David Amess

Mr Gary Streeter

Craig Whittaker

Priti Patel

Total signatories: 10

Martin Vickers

Mr Brian Binley

Mr Edward Leigh

Jim Shannon

NC5

To move the following Clause:—

‘After section 37 of the Income Tax Act 2007, insert—

“37A	Transfer of personal allowances between spouses

(1)	This section applies to an individual who is entitled to a personal

allowance under sections 35 to 37 for a tax year if—

(a)	the individual is a person whose spouse who is living with the

individual for the whole or any part of the tax year, and

(b)	the spouse meets the requirements of section 56 (residence, etc).

(2)

If—

(a)	the allowance exceeds the individual’s remaining relievable

income;

(b)	the individual makes an election, and

(c)	the individual’s spouse makes a claim,

the individual’s spouse is entitled to an allowance for the tax year equal

to the amount of the excess.

Notices of Amendments: 16 June 2011

2396

Finance (No. 3) Bill, continued

(3)	The individual’s remaining relievable income is found by—

(a)	taking the amount of the individual’s net income, and

(b)	subtracting any personal allowance to which the individual is

entitled for the tax year.”’.

© Parliamentary copyright	Revised 17 June 2011