(Except clauses 7, 8, 9, 11, 14, 16, 20 and 92)
Finance Bill
4:30 pm
Graham Stuart (Beverley and Holderness, Conservative)
My hon. Friend is giving a powerful speech on a technically challenging area. I declare an interest, both as a director of an incorporated business and a partner in an unincorporated business. The unincorporated business, interestingly enough, has a year end of 30 April, and unincorporated businesses with that year end will find on 30 April 2010 that they will be unable to use the relief because it will finish with the end of the tax year a few weeks before. That seems to be unfair on unincorporated businesses, when compared with the impact on incorporated businesses, which can continue if their year end stretches up to November 2010. Does my hon. Friend sympathise with their position?