Procedure (Future Taxation)

Part of the debate – in the House of Commons at 11:36 pm on 27th March 2007.

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That, notwithstanding anything to the contrary in the practice of the House relating to the matters that may be included in Finance Bills, any Finance Bill of the present Session may contain the following provisions taking effect in a future year—

(a) provision for corporation tax to be charged for the financial year 2008;

(b) provision for substituting the Table in Schedule 1 to the Inheritance Tax Act 1984 in relation to chargeable transfers made on or after 6th April 2010;

(c) provision about the rates of climate change levy;

(d) provision about the rate of aggregates levy;

(e) provision about the rates of landfill tax;

(f) provision amending section 312 of the Income Tax (Trading and Other Income) Act 2005.

Bill ordered to be brought in upon the foregoing resolutions: And that the Chairman of Ways and Means, Mr. Chancellor of the Exchequer, Mr. Secretary Prescott, Mr. Secretary Darling, Secretary John Reid, Ms Secretary Hewitt, Secretary David Miliband, Secretary Alan Johnson, Mr. Stephen Timms, John Healey, Ed Balls and Dawn Primarolo do prepare and bring it in.