Clause 27 - Corporation tax starting rate and fraction for financial year 2004
Finance Bill
Public Bill Committees, 23 June 2005, 5:00 pm

Philip Hammond (Shadow Chief Secretary To the Treasury, Treasury; Runnymede & Weybridge, Conservative)
Let us see whether we do any better on this clause, Mr. Cook.
Will the Paymaster General clarify why income arising under subsection (2) is chargeable under case 6 of schedule D? Why is it not chargeable under case 3?

Dawn Primarolo (Paymaster General, HM Treasury; Bristol South, Labour)
Because case 6 is the relevant place if we are to make the legislation work.
Question put and agreed to.
Clause 27 ordered to stand part of the Bill.
