Clause 32
Finance (No. 2) Bill
12:00 pm
Joe Benton (Bootle, Labour)
I remind the Committee that with this we are discussing the following: Amendment No. 64, in page 29, line 17 [Vol I], leave out lines 17 to 20 and insert—
‘(a) undertakes (whether on its own account or whether it is responsible to a third party)—
(i) principal photography and post production of the film, and
(ii) delivery of the completed film,'.
Amendment No. 31, in page 29, line 18 [Vol I], leave out ‘pre-production'.
Amendment No. 65, in page 29, line 22 [Vol I], leave out ‘pre-production,'.
Amendment No. 32, in page 29 [Vol I], leave out lines 24 and 25.
Amendment No. 33, in page 29, line 26 [Vol I], at end insert—
‘(3A) The Treasury may, by regulations—
(a) amend subsection (3); and
(b) provide that specified activities are or are not to be regarded for the purposes of this Chapter as film making activities;
and in this subsection “specified” means specified in the regulations.'.
Amendment No. 46, in page 29, line 27 [Vol I], after ‘company', insert
‘resident in the United Kingdom (and not resident in another place in accordance with the law of that place relating to taxation)'.
Amendment No. 34, in clause 34, page 30, line 19 [Vol I], after ‘on', insert ‘development,'.
Government amendment No. 26
Amendment No. 35, in clause 35, page 30, line 37 [Vol I], at end insert—
‘But for the purposes of this subsection—
(a) services provided in relation to rented equipment shall be considered to have been performed in the United Kingdom where the equipment is used in the United Kingdom; and
(b) where goods are initially supplied in the United Kingdom, their subsequent transport and use outside the United Kingdom shall not prevent the relevant expenditure from being treated as UK expenditure.'.