Clause 54
Finance Bill
7:15 pm
Theresa Villiers (Shadow Chief Secretary To the Treasury, Treasury; Chipping Barnet, Conservative)
The Economic Secretary makes a reassuring point that the HMRC is trying to get the information out to ensure that the trusts affected know that they should not make their return before Royal Assent. However, those who do not receive, or are not aware of, the information will still be required to submit a return based on incorrect legislation. Is that correct? I just wanted to check that I have understood correctly.