Clause 34 - Annual exempt amount

Part of Finance Bill – in a Public Bill Committee at 9:00 am on 14th June 2012.

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Photo of Catherine McKinnell Catherine McKinnell Shadow Minister (Education) 9:00 am, 14th June 2012

I beg to move amendment 42, in clause 34, page 24, line 2, at end add—

‘(8) The Chancellor of the Exchequer shall review the impact of this section on the number of taxpayers brought into Capital Gains Tax, and will lay a report of his review in the House of Commons Library.’.