Clause 47 - Use of trading losses against chargeable gains
Finance Bill
4:45 pm

Photo of Mr Michael Jack

Mr Michael Jack (Fylde, Conservative)

I ask this out of a genuine wish for information. The Economic Secretary is arguing that the proposal in the substantive clause should be accepted instead of the amendment of my hon. Friend the Member for Arundel and South Downs. Are the carry-forward provisions for unused trading losses and capital losses in the substantive clause or in the amendment?

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