(Except Clauses 1, 4, 5, 9, 14, 22, 42, 56, 57, 124, 130 to 135, 138, 139, 148 and 184 and Schedules 5, 6, 19 and 25, and any new Clauses and Schedules tabled by Friday 9th May 2003 relating to excise duty on spirits or RÿD tax credits for oil exploration.) - Schedule 22 - Employee securities and options
Finance Bill
2:30 pm

Photo of Mr David Laws

Mr David Laws (Yeovil, Liberal Democrat)

It is worth picking up on one of the points that the hon. Gentleman made about the comments of the Institute of Chartered Accountants on the schedule. It is regrettable that, after all the efforts that have been put in in respect of the tax rewrite project, the institute should feel it necessary to be so critical of the schedule and even to raise the possibility that its complexity might put in doubt the institute's commitment to the project. I simply look for a commitment from the Paymaster General, not only to consider the way the project is going hand in hand with the new measures under the Bill, but to tell us whether she shares some of the concerns that have been expressed.

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