Clause 24 - Deduction cases
Finance Bill
9:15 am
Rob Marris (Wolverhampton South West, Labour)
I seem to recall that when we discussed social security pension lump sums on Tuesday, the hon. Gentleman was arguing for some flexibility to be built into the legislation, in case people took partial pensions. I shall not rehearse that debate now, Mr. Cook, but the hon. Gentleman's comments today seem contradictory. Even if the regime before us today is passed, it will be applied only if Her Majesty's Revenue and Customs issues a notice. Customs and Revenue cannot just drop on people; there has to be an active process. In a sense, that flexibility is already built into the legislation.