Orders of the Day — 16. Sale and Lease Back, Deferred Premiums and Payments by Instalments (Income Tax, Corporation Tax and Capital Gains Tax)

– in the House of Commons at 12:00 am on 27th March 1972.

Alert me about debates like this

Motion made, and Question,

That provision shall be made for imposing charges to income tax, corporation tax and capital gains tax by amending the law with respect to—

  1. (a) the disposal and acquisition, and the variation, of leases and other interests in land;
  2. (b) the ascertainment of the duration of and premiums for leases;
  3. (c) the treatment of certain payments by instalments as rent; and
  4. (d) the gains accruing on a disposal where the whole or part of the consideration is payable by instalments,
and charges may be so imposed for past years of assessment and accounting periods.—[Mr. Barber.]

put forthwith pursuant to Standing Order No. 94 (Ways and Means Motion, and agreed to.