Public Bill Committees
Finance Bill

• Finance Bill, 1st sitting (0 speeches)
  [Mr. Peter Atkinson in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) (3 speeches)
    I welcome members of the Committee to the start of our proceedings on the Finance Bill. I have a couple of housekeeping points to make. Jackets may be removed. Will hon. Members ensure that their...
  • Clause 1 (6 speeches)
    Charges and main rates for 2009-10
  • Clause 2 (34 speeches)
    Basic rate limit for 2009-10
  • Clause 3 (30 speeches)
    Personal allowance for 2009-10 for those aged under 65
  • Clause 4 (33 speeches)
    Reduction of personal allowance for those with income exceeding £100,000
  • Clause 5 (5 speeches)
    Abolition of personal reliefs for non-residents
• Finance Bill, 2nd sitting (0 speeches)
  [Mr. Peter Atkinson in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) - Clause 5 (16 speeches)
    Abolition of personal reliefs for non-residents
  • Clause 6 (83 speeches)
    Additional rate, dividend additional rate, trust rates and pension tax rates
• Finance Bill, 3rd sitting (0 speeches)
  [Sir Nicholas Winterton in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) (6 speeches)
    I welcome all Members to the Committee on this somewhat dull Thursday, after a fairly traumatic and difficult week for the House. The Speaker has appointed me as an additional Chairman—[Hon....
  • Clause 6 (80 speeches)
    Additional rate, dividend additional rate, trust rates and pension tax rates
  • Schedule 2 (16 speeches)
    Income tax rates
  • Schedule 3 (3 speeches)
    VAT: supplementary charge and orders changing rate
• Finance Bill, 4th sitting (0 speeches)
  [Mr. Peter Atkinson in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) - Schedule 3 (18 speeches)
    VAT: supplementary charge and orders changing rate
  • Clause 10 (47 speeches)
    Thresholds for residential property
  • Clause 12 (43 speeches)
    Rates of tobacco products duty
  • Clause 13 (10 speeches)
    Rates for 2009-10
  • Clause 15 (11 speeches)
    Rates and rebates from Spring 2009
• Finance Bill, 5th sitting (0 speeches)
  (Morning)
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) (1 speech)
    I welcome members of the Committee back. I hope that they had an interesting recess.
  • Clause 17 (62 speeches)
    Rates of air passenger duty
  • Clause 18 (20 speeches)
    Standard rate of landfill tax
  • Clause 19 (9 speeches)
    Rates of gaming duty
  • Clause 21 (3 speeches)
    Amounts of duty on amusement machine licences
  • Clause 22 (2 speeches)
    Provisions affecting amount of amusement machine licence duty
• Finance Bill, 6th sitting (0 speeches)
  [Mr. Peter Atkinson in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) (20 speeches)
    Clause 23 ordered to stand part of the Bill.
  • Clause 24 (19 speeches)
    First-year capital allowances for expenditure in 2009-2010
  • Clause 25 (35 speeches)
    Agreements to forgo tax reliefs
  • Clause 26 (8 speeches)
    Contaminated and derelict land
  • Schedule 7 (5 speeches)
    Contaminated and derelict land
  • Schedule 8 (6 speeches)
    Venture capital schemes
  • Clause 28 (3 speeches)
    Group relief: preference shares
  • Schedule 9 (11 speeches)
    Group relief: preference shares
  • Clause 29 (4 speeches)
    Sale of lessor companies etc: reforms
  • Schedule 10 (2 speeches)
    Sale of lessor companies etc: reforms
• Finance Bill, 7th sitting (0 speeches)
  [Mr. Jim Hood in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) (1 speech)
    I welcome the hon. Member for Burnley to the Committee. Congratulations on your appointment.
  • Clause 30 (1 speech)
    Tax relief for business expenditure on cars and motor cycles
  • Schedule 11 (16 speeches)
    Tax relief for business expenditure on cars and motor cycles
  • Schedule 12 (3 speeches)
    Reallocation of chargeable gain or loss within a group
  • Schedule 13 (3 speeches)
    Chargeable gains in stock lending: insolvency etc of borrower
  • Clause 33 (4 speeches)
    FSCS payments representing interest
  • Clause 34 (6 speeches)
    Corporation tax treatment of company distributions received
  • Schedule 14 (27 speeches)
    Corporation tax treatment of company distributions
  • Clause 35 (22 speeches)
    Tax treatment of financing costs and income
• Finance Bill, 8th sitting (0 speeches)
  [Mr. Jim Hood in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) (1 speech)
    When we adjourned, the Financial Secretary had just given way to an intervention from the hon. Member for Wellingborough.
  • Clause 35 (8 speeches)
    Tax treatment of financing costs and income
  • Schedule 15 (31 speeches)
    Tax treatment of financing costs and income
  • Schedule 16 (19 speeches)
    Controlled foreign companies
  • Clause 37 (2 speeches)
    International movement of capital
  • Schedule 17 (20 speeches)
    International Movement of Capital
  • Clause 39 (7 speeches)
    Certain distributions of offshore funds taxed as interest
• Finance Bill, 9th sitting (0 speeches)
  [Mr. Jim Hood in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) (0 speeches)
    Clause 40 ordered to stand part of the Bill.
  • Schedule 19 (11 speeches)
    Income tax credits for foreign distributions
  • Clause 41 (4 speeches)
    Loan relationships involving connected parties
  • Clause 42 (2 speeches)
    Release of trade etc debts
  • Schedule 21 (2 speeches)
    Foreign exchange: anti-avoidance
  • Schedule 22 (6 speeches)
    Offshore funds
  • Clause 47 (4 speeches)
    Equalisation reserves for Lloyd’s corporate and partnership members
  • Schedule 24 (8 speeches)
    Disguised Interest
  • Schedule 25 (13 speeches)
    Transfers of income streams
  • Schedule 27 (1 speech)
    Remittance basis
• Finance Bill, 10th sitting (0 speeches)
  [Mr. Jim Hood in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) - Schedule 27 (5 speeches)
    Remittance basis
  • Clause 52 (7 speeches)
    Exemption for certain non-domiciled persons
  • Schedule 28 (11 speeches)
    Taxable benefits: cars
  • Clause 54 (22 speeches)
    Taxable benefit of cars: price of automatic car for disabled employee
  • Clause 55 (8 speeches)
    Exemption of benefit consisting of health-screening or medical check-up
• Finance Bill, 11th sitting (0 speeches)
  [Mr. Peter Atkinson in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) - Clause 56 (79 speeches)
    MEPs’ pay, allowances and pensions under European Parliament Statute
  • Clause 57 (10 speeches)
    Tax underlying dividends
  • Clause 58 (3 speeches)
    Manufactured overseas dividends
  • Clause 59 (2 speeches)
    Payments by reference to foreign tax etc
  • Clause 60 (14 speeches)
    Anti-fragmentation
  • Clause 61 (12 speeches)
    Financial arrangements avoidance
• Finance Bill, 12th sitting (0 speeches)
  [Mr. Jim Hood in the Chair]
  • (Except Clauses 7, 8, 9, 11, 14, 16, 20 and 92) - Clause 62 (3 speeches)
    Sale of lessor companies etc: anti-avoidance
  • Clause 63 (5 speeches)
    Leases of plant or machinery
  • Clause 64 (7 speeches)
    Long funding leases of films
  • Clause 65 (10 speeches)
    Real Estate Investment Trusts
  • Clause 66 (2 speeches)
    Deductions for employee liabilities
  • Clause 67 (40 speeches)
    Employment loss relief
  • Clause 69 (2 speeches)
    Intangible fixed assets and goodwill
  • Clause 70 (9 speeches)
    Taxable benefit of living accommodation: lease premiums
• Finance Bill, 13th sitting (0 speeches)
  [Mr. Jim Hood in the Chair]
  • (Except Clauses 7, 8, 9, 11, 14, 16, 20 and 92) (2 speeches)
    I understand that the Minister has a short statement to make.
  • Clause 71 (31 speeches)
    Special annual allowance charge etc
  • Schedule 35 (16 speeches)
    Pensions: special annual allowance charge
• Finance Bill, 14th sitting (0 speeches)
  [Mr. Peter Atkinson in the Chair]
  • (Except Clauses 7, 8, 9, 11, 14, 16, 20 and 92) - Schedule 35 (13 speeches)
    Pensions: special annual allowance charge
  • Clause 75 (4 speeches)
    Place of supply of services etc
  • Clause 77 (4 speeches)
    Information relating to cross-border supplies of services to taxable recipients
  • Clause 78 (5 speeches)
    Effect of VAT changes on arbitration of rent for agricultural holdings
  • Clause 79 (2 speeches)
    Exercise of collective rights by tenants of flats
  • Clause 80 (2 speeches)
    Registered providers of social housing
  • Clause 81 (7 speeches)
    Rent to shared ownership
  • Clause 82 (4 speeches)
    Stamp taxes in the event of insolvency
  • Clause 83 (4 speeches)
    Capital allowances for oil decommissioning expenditure
  • Clause 84 (2 speeches)
    Blended oil
  • Clause 85 (13 speeches)
    Chargeable gains
  • Schedule 40 (2 speeches)
    Oil: chargeable gains
  • Clause 86 (4 speeches)
    Oil assets put to other uses
  • Clause 87 (7 speeches)
    Former licensees and former oil fields
  • Clause 88 (2 speeches)
    Abolition of provisional expenditure allowance
  • Clause 89 (4 speeches)
    Supplementary charge: reduction for certain new oil fields
  • Schedule 44 (0 speeches)
    Supplementary charge: reduction for certain new oil fields
• Finance Bill, 15th sitting (0 speeches)
  [Mr. Peter Atkinson in the Chair]
  • (Except Clauses 7, 8, 9, 11, 14, 16, 20 and 92) - Clause 91 (23 speeches)
    HMRC Charter
  • Schedule 46 (73 speeches)
    Duties of senior acounting officers of large companies
• Finance Bill, 16th sitting (0 speeches)
  [Mr. Peter Atkinson in the Chair]
  • Clause 93 (48 speeches)
    Publishing details of deliberate tax defaulters
  • Clause 94 (7 speeches)
    Amendment of information and inspection powers
  • Schedule 47 (4 speeches)
    Amendment of information and inspection powers
  • Schedule 48 (2 speeches)
    Extension of information and inspection powers
  • Schedule 49 (19 speeches)
    Powers to obtain contact details for debtors
  • Schedule 52 (5 speeches)
    Recovery of overpaid tax etc
  • Clause 100 (2 speeches)
    Late payment interest on sums due to HMRC
  • Clause 102 (2 speeches)
    Rates of interest
  • Clause 104 (1 speech)
    Miscellaneous amendments
  • Clause 105 (2 speeches)
    Penalties for failure to make returns etc
  • Schedule 55 (3 speeches)
    Penalty for failure to make returns etc
  • Schedule 56 (3 speeches)
    Penalty for failure to make payments on time
  • Clause 107 (1 speech)
    Suspension of penalties during currency of agreement for deferred payment
  • Clause 109 (4 speeches)
    Recovery of debts using PAYE regulations
  • Clause 110 (4 speeches)
    Managed payment plans
• Finance Bill, 17th sitting (0 speeches)
  [Mr. Peter Atkinson in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) - Clause 112 (49 speeches)
    VAT exemption for gaming participation fees
  • Clause 113 (12 speeches)
    Gaming duty
  • Clause 114 (13 speeches)
    Remote bingo etc
• Finance Bill, 18th sitting (0 speeches)
  [Mr. Peter Atkinson in the Chair]
  • (Except clauses 7, 8, 9, 11, 14, 16, 20 and 92) - Clause 114 (1 speech)
    Remote bingo etc.
  • Clause 115 (4 speeches)
    Meaning of “gaming machine” and “gaming”
  • Clause 116 (4 speeches)
    Taxable commodities ineligible for reduced-rate supply
  • Clause 117 (10 speeches)
    Removal of reduced rate where targets not met
  • Clause 118 (4 speeches)
    Landfill tax: prescribed landfill site activities
  • Clause 119 (3 speeches)
    Requirement to destroy replaced vehicle registration documents
  • Clause 120 (2 speeches)
    Hydrocarbon oil duties: minor amendments
  • Clause 121 (7 speeches)
    Inheritance tax: agricultural property and woodlands relief for EEA land
  • Schedule 61 (10 speeches)
    Alternative finance investment bonds
  • Clause 123 (6 speeches)
    Mutual societies: tax consequences of transfers of business etc
  • New Clause 3 (0 speeches)
    Thresholds for residential property ‘(1) A land transaction is exempt from the charge to stamp duty land tax if— (a) it is a relevant acquisition of land which consists entirely of...
  • New Clause 5 (27 speeches)
    Mileage allowance payments ‘(1) Section 230 of ITEPA 2003 is amended as follows. (2) In the table in subsection (2), for “40p” substitute “45p”. (3) Insert at the end of...
  • New Clause 8 (22 speeches)
    Private residential exemption from capital gains tax ‘(1) Part 7 of TCGA 1992 is amended as follows. (2) In section 222(5) (relief on disposal of private residence) leave out paragraph (a)...
  • New Clause 9 (13 speeches)
    Furnished holiday lettings ‘(1) The Chancellor of the Exchequer shall, before the publication of the 2009 Pre-Budget Report, have compiled and laid before the House of Commons a report...