Previously called Standing Committees, Public Bill Commitees study proposed legislation (Bills) in detail, debating each clause and reporting any amendments to the Commons for further debate.
There are at least 16 MPs on a Committee, and the proportion of parties reflects the House of Commons, so the government always has a majority.
[Sir Nicholas Winterton in the Chair]
May I welcome members on both sides of the Committee to the first sitting of the Finance Bill 2008. I am confident that it will be a well ordered and constructive Committee, with no wasting of...
Charges and main rates for 2008-09
Personal allowances for those aged 65 and over
[Frank Cook in the Chair]
Personal allowances for those aged 65 and over
Abolition of starting and savings rates and creation of starting rate for savings
Charge and main rates for financial year 2009
[Sir Nicholas Winterton in the Chair]
May I welcome hon. Members to the third sitting of the Finance Bill Committee. It may still be a slightly early hour for some, but summer has finally arrived, and I welcome the sun and the blue...
Capital gains tax reform
[Frank Cook in the Chair]
Capital gains tax reform
Entrepreneurs’ relief
Entrepreneurs’ relief
[Sir Nicholas Winterton in the Chair]
I welcome all hon. Members to this further sitting of the Finance Bill Committee. It is another very pleasant day, and we had a wonderful weekend, so I hope that everyone feels duly rested and...
Entrepreneurs’ relief
Transfer of unused nil-rate band etc
Inheritance tax: transfer of nil-rate band etc
[Frank Cook in the Chair]
On a point of order, Mr. Cook. I apologise for interrupting proceedings, but members of the Committee have just heard the Chancellor announce a proposed package of amendments to the Budget...
Inheritance tax: transfer of nil-rate band etc
Rates of alcoholic liquor duty
[Sir Nicholas Winterton in the Chair]
I welcome all hon. Members to our sitting on this rather dull day. I apologise that the weather has broken, but at least it is a little cooler, so perhaps we will make even faster progress.
Rates of tobacco products duty
Fuel duty: biodiesel and bioblend
Rates and rebates: increase from 1 October 2008
[Sir Nicholas Winterton in the Chair]
I welcome Members back, following our adjournment at 25 minutes past 10. For those who are interested, I am advised by the Minister that there is no play at Lords.
Rates and rebates: increase from 1 October 2008
Fuel for aircraft and boats, heating oil and fuel for certain engines
Standard rate of landfill tax
Rates of climate change levy
Rate of aggregates levy
Carbon reduction trading scheme: charges for allocations
Rates of gaming duty
Rates of R&D relief and vaccine research relief
Companies in difficulty: SME R&D relief and vaccine research relief
Cap on R&D aid
Vaccine research relief: declaration about effect of relief
[Mr. Jim Hood in the Chair]
On a point of order, Mr. Hood. It is a pleasure to serve under your chairmanship this morning. Last Wednesday, the Treasury kindly sent members of the Committee explanatory notes on several...
Enterprise investment scheme: increase in amount of relief
Venture capital schemes
Enterprise management incentives: qualifying companies
Tax credit for certain foreign distributions
Small companies’ relief: associated companies
Company gains from successful investment life insurance contracts: consequential amendments etc
Changes in trading stock
Non-residents: investment managers
[Mr. Jim Hood in the Chair]
Non-residents: investment managers
Individual investment plan regulations
Tax treatment of participants in offshore funds
Insurance companies etc
Friendly societies
Homes outside UK owned through company etc
In-work and return to work credits and payments
Company cars: lower threshold for CO2 emissions figure
Van fuel benefit
Armed forces: the Council Tax Relief
[Mr. Jim Hood in the Chair]
On a point of order, Mr. Hood. It is a pleasure to be here this morning on the last day before the Whitsun recess. Speaking for myself, I need a haircut and a holiday, although not necessarily in...
Gift aid: payments to charities
Reduction of basic rate of income tax: transitional relief for gift aid charities
Community investment tax relief
Leases of plant or machinery
Sale of lessor companies etc
Double taxation relief
UK residents and foreign partnerships
[Mr. Jim Hood in the Chair]
Amendment proposed [this day]: No. 132, in clause 55, page 27, line 31, leave out subsection (4).—[Mr. Breed.]
Restriction on loss relief for non-active traders
Non-active partners
Avoidance involving financial arrangements
Manufactured payments: anti-avoidance
Controlled foreign companies
[Frank Cook in the Chair]
Before we commence this morning’s business, I ought to draw the Committee’s attention—this is perhaps more relevant to the Government side—to the fact that the timepiece...
Controlled foreign companies
Repeal of obsolete anti-avoidance provisions
Income of beneficiaries under settlor-interested settlements
Income charged at dividend upper rate
Payments on account of income tax
Thermal insulation of buildings
Expenditure on required fire precautions
Integral features
Annual investment allowance
Annual investment allowance
[Sir Nicholas Winterton in the Chair]
It seems a lifetime since I was last in the Chair for this Committee, but with regard to parliamentary sittings it has been merely a week. We have had a week’s break, and since I was last...
Annual Investment Allowance
First-year allowance for small and medium-sized enterprises discontinued
Cars with low carbon dioxide emissions
First-year tax credits
Small pools
Special rate expenditure and the special rate pool
Abolition of allowances from 2011
[Frank Cook in the Chair]
On a point of order, Mr. Cook. Is it not customary that it is the Government’s responsibility to ensure a quorum in the Committee, using Government Members? Is it not unusual to have a...
Abolition of allowances: consequential amendments and savings
Power to make consequential and transitional provision
Balancing allowances on transfers of trade
Inheritance of tax-relieved pension savings
Further provision about pension schemes
Notification and registration of transactions
Charge where consideration includes rent: 0% band
Withdrawal of group relief
Transfers of interests in property-investment partnerships
[Sir Nicholas Winterton in the Chair]
I welcome all Members to this sitting of the Finance Bill Committee. I feel duly refreshed, having had a plate of spaghetti Bolognese and my hair trimmed. That was not a large job, I confess, but...
Abolition of fixed stamp duty on certain instruments
Meaning of “participator”
Returns of relevant sales of oil
Capital allowances: plant and machinery for use in ring fence trade
Capital allowances: decommissioning expenditure
Capital allowances: abandonment expenditure after ceasing ring fence trade
Losses: set off against profits of earlier accounting periods
Ring fence trade: no deduction for expenses of investment management
Information and inspection powers
Information and inspection powers
[Sir Nicholas Winterton in the Chair]
I welcome all Committee members to the 17th sitting of the Committee, and I hope that they have had a good, productive and restful weekend. Last Friday evening I attended a dinner on the race...
Information and inspection powers
[Sir Nicholas Winterton in the Chair]
Information and Inspection Powers
Computer records etc
Record-keeping
Disclosure of tax avoidance schemes
Disclosure of tax avoidance schemes
[Sir Nicholas Winterton in the Chair]
I am delighted to be in the Chair for this sitting. I fear that you will have to put up with my presence this afternoon as well. The weather is cooler than it has been, and I am confident...
Disclosure of tax avoidance schemes
Time limits for assessments, claims etc
Time limits for assessments, claims etc.
Correction and amendment of tax returns
Penalties: amendments of Schedule 24 to FA 200740
Penalties: failure to notify and certain vat and excise wrongdoing
[Sir Nicholas Winterton in the Chair] (Except clauses 3, 5, 6, 15, 21, 49, 90 and 117 andnew clauses amending section 196 of the Finance Act 2003)
Penalties: failure to notify and certain VAT and excise wrongdoing
Enforcement by taking control of goods: england and wales
Set-off: England and Wales and Northern Ireland
No set-off where insolvency procedure has been applied
Fee for payment
Certificates of Debt
Charge on termination of interest in possession where new interest acquired
Interest in possession settlements: extension of transitional period
Vehicle excise duty
Vehicle excise duty: offence of using or keeping unlicensed vehicle
Rates for new lower-emission vans
Not exhibiting licence: period of grace
Reduced pollution certificates
Climate Change Levy: Coal Mine Methane No Longer to be Renewable Source
Landfill tax credit: withdrawing approval of environmental bodies
Aviation duty
[Frank Cook in the Chair]
Air passenger duty: class of travel with large seat pitch
Stamp duty and stamp duty reserve tax: alternative finance investment bonds
Alternative finance arrangements: power to vary Chapter 5 of Part 2 of FA 2005
Government borrowing: alternative finance arrangements
Power of Treasury to make payments
Payments from certain Exchequer accounts: mechanism
Power to give statutory effect to concessions
[Sir Nicholas Winterton in the Chair]
Power to give statutory effect to concessions
Fuel duty: definition of “ultra low sulphur diesel”
Duties: abolition of disregard of fractions of penny
National savings
EU emissions trading: criminal offences
Periods of residence
[Sir Nicholas Winterton in the Chair]
I welcome members to what we expect will be the last day of sittings of the Finance Bill Committee 2008. I know we are going to make good progress. That has come down to me through the usual...
Periods of Residence
Remittance basis
[Sir Nicholas Winterton in the Chair]
Order. I have managed a small amount of chocolate between our last sitting and now, which is an intake of glucose to ensure that I have the strength to see us through the next three hours or so.
Remittance basis
Gifts inter vivos (1) Omit section 82(5) and (9) of FA 1985 (adjudication of certain gifts inter vivos). (2) Accordingly, omit paragraph 9 of Schedule 14 to FA 1999. (3) The amendments made...
Abandonment expenditure: deductions from ring fence income (1) FA 1991 is amended as follows. (2) Section 64 (relief for expenditure incurred by a participator in meeting defaulters...
Qualifying expenditure: R&D relief and vaccine research relief (1) Paragraph 5 of Schedule 20 to FA 2000 (R&D tax relief: staffing costs) is amended as follows. (2) In sub-paragraph...
VAT on beverages The Treasury shall, not later than six months after the passing of this Act, prepare and lay before the House of Commons a report setting out the estimated costs to the...
Report on impact of Finance Bill on older people It shall be the duty of the Treasury to prepare and lay before the House of Commons, at the time of publication of each Finance Bill, a...
Report on exemption from taxation of foreign profits (1) The Treasury shall, before the publication of the 2008 Pre-Budget report, prepare and lay before the House of Commons a report on...
PAYE reporting The Treasury shall commission and lay before the House of Commons, within 12 months of the passing of this Act, an independent report into the feasibility and estimated cost...
Retirement Income Fund (1) The Finance Act 2004 is amended as follows. (2) In section 164 at end add and (g) payments into a Retirement Income Fund.. (3) In section 165 there is...
Missing trader fraud HMRC shall lay a report before Parliament every three months on the measures taken by the Government to combat missing trader intra community (MTIC) fraud and the...
Gift aid averaging scheme The Treasury shall, before the publication of the 2008 Pre-Budget report, prepare and lay before the House of Commons a feasibility study, including an assessment...
Mileage allowance payments (1) ITEPA 2003 is amended as follows. (2) In section 229, at end insert (5) Mileage allowances are to be treated as approved if they are paid...
Bingo The Treasury shall, before the publication of the 2008 Pre-Budget Report, prepare and lay before the House of Commons a report on the impact of the double taxation of bingo on...
Committee membership and attendance (out of 24)
Chairpersons
Members
[ Committee memberships can change partway through ]