Bill Presented — Legal Aid, Sentencing and Punishment of Offenders Bill – in the House of Commons at 6:49 pm on 21 June 2011.
‘(1) In Part 4 of the 1998 Act (power to vary income tax rate), for subsections (1) to (6) of section 75 (Scottish taxpayers) substitute—
“ Sections 80D to 80F (definition of Scottish taxpayer) apply for the purposes of this Part.”
(2) This section ceases to have effect at the end of the last year for which Part 4 has effect (see section 26(2) and (4)).’.— (Mr Gauke.)
Brought up, and read the First time.
David Gauke
The Exchequer Secretary
6:51,
21 June 2011
I beg to move, That the clause be read a Second time.
Lindsay Hoyle
Deputy Speaker and Chairman of Ways and Means, Chair, Panel of Chairs, Chairman of Ways and Means, Chair, Panel of Chairs
With this it will be convenient to discuss the following: new clause 8 —Funding formula for Scottish Government (No. 2)—
‘(1) Within six months of the day on which this Act is passed, the Chancellor of the Exchequer shall lay before the House a report on the formula for allocating funds from the Consolidated Fund to the Scottish Government, and on alternative ways of calculating the sums to be paid.
(2) Within six weeks of laying the report referred to in subsection (1) above, the Chancellor of the Exchequer shall lay before the House proposals for a new funding formula which would ensure that the funds allocated to the Scottish Government are no more than 5 per cent. below or above the equivalent figure for each of the other nations of the UK.’.
New clause 9—Tax on profits of companies—
‘In Part 4A of the 1998 Act (as inserted by section 24), after Chapter 4 (inserted by section 30) insert—
