Clause 1
Planning-gain Supplement (Preparations) Bill
12:00 pm
Anne Main (St Albans, Conservative)
I do not wish to go down the route of tax credits, but I think that there is a lesson to be learned. A self-assessment element comes into the planning gain supplement that will not be transparent to the public and that will be open to challenge by the Inland Revenue. We must be sure that the assessment process is better than, for example, the existing process for tax credits, because people are not sure what the liabilities are. That will land people with a lot of issues when the self-assessment comes in.