Finance Bill – in the House of Commons at 2:15 pm on 10 December 2024.
“(1) The Chancellor of the Exchequer must commission and publish an assessment of the expected impact of the provisions of section 8 on the number of Business Asset Disposal Relief claims involving the sale of a business.
(2) The assessment must compare estimates for the number of claims involving the sale of a business in the tax year 2024-25 with the number of such claims in the tax year 2025-26.
(3) The assessment must compare the impact under the provisions of section 8 with what impact could have been expected had the rate remained unchanged”.—(Gareth Davies.)
Brought up, and read the First time.
Question put, That the clause be read a Second time.