Clause 53 - Treatment of expenditure on research and development
Finance Bill (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)
3:00 pm
Mr John McWilliam (Blaydon, Labour)
I noticed the secretary of a Member passing a piece of paper to that Member a few minutes ago. As the Member did not leave the Committee, that is not allowed and should not happen.Clause 54 Trading profits etc. from securities: taxation of amounts taken to reserves