|
|
| |
| |
|
| |
| |
| |
| For other Amendment(s) see the following page(s) of Supplement to Votes:
|
|
| |
| |
| |
| (Clauses 4, 7, 10, 19, 35 and 72)
|
|
| |
| |
| |
| |
| | |
| Clause 10, page 6, line 22, at end add— |
|
| | ‘(14) | The Chancellor shall publish, by 31 October 2011, an assessment of the impact |
|
| | of the changes to capital allowances on the UK economy.’. |
|
| |
| |
| |
| |
| | |
| Clause 19, page 12, line 36, at end add— |
|
| | ‘(8) | The Chancellor shall publish, within 3 months of the passing of this Act, an |
|
| | assessment of the impact of taxation on fuel prices.’. |
|
| |
| |
| |
| |
| | |
| Clause 35, page 21, line 39, at end add— |
|
| | ‘(2) | The Chancellor shall prepare, before 1 September 2011, a report on the impact of |
|
| | |
|
|
| |
| |
|
| |
| |
| |
| |
| | |
| Clause 72, page 41, line 27, at end add— |
|
| | ‘(2) | The Chancellor shall review the bank levy and publish a report, before 31 |
|
| | |
| | (a) | the Government’s analysis behind the rate and threshold chosen for the |
|
| | |
| | (b) | the adequacy of the bank levy in the context of other reforms to the wider |
|
| | |
| | (c) | the total tax revenues expected from banks across all categories of |
|
| | taxation in each year from 2011-12 to 2016-17.’. |
|
| |
| |
| |
| |
| | |
| Clause 7, page 4, line 7, at end add— |
|
| | ‘(11) | The Chancellor shall produce, before 30 September 2011, an assessment of the |
|
| | impact of taxation of ring fence profits on business investment and growth |
|
| | including an assessment of the long-term sustainability of oil and gas exploration |
|
| | |
| Mr Chancellor of the Exchequer |
|
| | |
| Clause 7, page 3, line 13, at end insert— |
|
| | ‘(4A) | But if the basis of apportionment in subsection (4)(b) would work unjustly or |
|
| | unreasonably in the company’s case, the company may elect for its profits to be |
|
| | apportioned on another basis that is just and reasonable and specified in the |
|
| | |
| Mr Chancellor of the Exchequer |
|
| | |
| Clause 7, page 3, line 16, leave out ‘subsection (4)’ and insert ‘subsections (4) and |
|
| |
| |
| |
| | |
| Clause 7, page 2, line 36, leave out ‘for “20%” and insert “32%”’, and insert ‘after |
|
| “a sum equal to 20% of its adjusted ring fence profits for that period”, insert “increasing |
|
| by 1 per cent. for every $5 by which the reference hydrocarbon price exceeds $75 subject |
|
| to a maximum rate of 32%”.’. |
|
| |
| |
| | |
| Clause 7, page 2, line 36, at end insert— |
|
|
|
| |
| |
|
| | ‘(1A) | A reference price will be determined by an independent arbiter agreed jointly |
|
| | between the Government and Oil and Gas UK and will determine separate prices |
|
| | for oil, gas and condensates.’. |
|
| |
| |
| | |
| Clause 7, page 2, line 36, at end insert— |
|
| | ‘(1B) | The increase charge shall not apply to fields producing more than 90 per cent. gas. |
|
| | Where a field produces oil and gas the charge will be based on the price of oil |
|
| | equivalent taking into account the ratios of oil to gas produced.’. |
|
| |
| |
| | |
| Clause 7, page 2, line 36, at end insert— |
|
| | ‘(1C) | The supplementary charge may be abated or offset against the cost of investment |
|
| | to increase production.’. |
|
| |
| |
| | |
| Clause 7, page 3, line 2, after ‘2011’, insert ‘and before 30 September 2012’. |
|
| |
| |
| | |
| Clause 7, page 3, line 4, after ‘2011’, insert ‘or 30 September 2012’. |
|
| |
| |
| | |
| Clause 7, page 3, line 8, after ‘2011’, insert ‘or 30 September 2012’. |
|
| |
| |
| | |
| Clause 7, page 3, line 28, after ‘2011’, insert ‘or 30 September 2012’. |
|
| |
|