Schedule 11
Finance Bill
10:30 am
Mark Hoban (Shadow Minister, Treasury; Fareham, Conservative)
Is it a pleasure to serve under your chairmanship again, Mr. Hood. May I congratulate the hon. Member for Burnley on her return to the Treasury team? There is potentially one more Finance Bill left in this Parliament. She might decide whether to put some odds on serving on that too, having done three so far. I should also like to congratulate, in her absence, the hon. Member for Wallasey (Angela Eagle) on her promotion. Clearly, the prospect of my hon. Friend the Member for Hammersmith and Fulham making another speech about white label cigarettes manufactured in eastern European states led to her to put in a transfer bid. I am sure she will enjoy her work in the Department for Work and Pensions.
Amendment 19 is very much a probing amendment. We want to understand why in schedule 11 the Government use a different definition for a car with low carbon emissions from that used in section 45D of the Capital Allowances Act 2001, which defines cars with low CO2 emissions as those falling below a CO2 emission threshold of 110 g/km, whereas the schedule’s threshold is 160g/km. The amendment would increase the threshold in section 45D(4) from 110g/km to 160g/km. We are not arguing that that is the right threshold, We simply want to understand why one rate is used in one area and a different rate is used in the schedule for exactly the same definition. We are concerned that it might lead to some confusion among advisers about the definition of a car with low carbon emissions. That is the purpose behind this probing amendment.