Clause 14 - Income tax deduction for payments to organisations
Finance Bill
6:30 pm
Ivan Lewis (Economic Secretary, HM Treasury; Bury South, Labour)
I was just testing the hon. Gentleman. It is a consequential amendment to ensure that the position of contributors will not be unchanged. There would be an inconsistency if we did not make the change at this stage and individuals and corporate donors to SROs would be left in an invidious position. So in changing the rules to benefit the organisations, it is entirely right that we clarify and simply the rules that apply to individuals and companies that receive tax deductions as a consequence of their donations to those organisations.
Question put and agreed to.
Clause 14 ordered to stand part of the Bill.
Clause 15 ordered to stand part of the Bill.