(except clauses 4, 5, 20, 28, 57 to 77, 86, 111 and 282 to 289, and schedules 1, 3, 11, 12, 21 and 37 to 39) - Clause 30 - Provision not at arm's length: transations between UK taxpayers
Finance Bill
2:45 pm
Ms Dawn Primarolo (Paymaster General, HM Treasury; Bristol South, Labour)
Forgive me, Sir John. I was trying to assist the Committee, but I realise that I have gone way beyond my focus on clause 30, and I am grateful to you for drawing me back to the subject.
It is a requirement of any Government to ensure that uncertainties, real or otherwise, that business identifies as affecting its behaviour are dealt with. The clauses, of which clause 30 is the first, will remove all doubt identified by business, regardless of whether the Government believed that there should have been any uncertainty.
I hope that as the debate progresses the Committee will accept not only that the Government work closely with business in discussing the issues—and have responded to its requests in several places in the clauses—but that we made it very clear that there were no other suggestions or possibilities for dealing with the matter, and no other suggestions were advanced. I commend clause 30 to the Committee.
Question put and agreed to.
Clause 30 ordered to stand part of the Bill.
Schedule 5 agreed to.