1st sitting · Tuesday, 9 January 2018

[Albert Owen in the Chair]

• (Except clause 8; clause 33 and schedule 9; clauses 40 and 41 and schedule 11; new clauses or new schedules relating to the income tax treatment of armed forces’ accommodation allowances, the bank levy, stamp duty land tax, the effect of the Bill on equality, or the effect of the Bill on tax avoidance or evasion)

  17 speeches

  Good morning and happy new year to you all. I have a few announcements to make; as there are a number of new Members on the Committee, they will be quite lengthy announcements, but they will set...

• Income tax charge for tax year 2018-19

  1 speech

  Question proposed, That the clause stand part of the Bill.

• Corporation tax charge for financial year 2019

  1 speech

  Question proposed, That the clause stand part of the Bill.

• Main rates of income tax for tax year 2018-19

  23 speeches

  Question proposed, That the clause stand part of the Bill.

• Starting rate limit for savings for tax year 2018-19

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Transfer of tax allowance after death of spouse or civil partner

  4 speeches

  Question proposed, That the clause stand part of the Bill.

• Deductions from seafarers’ earnings

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Benefits in kind: diesel cars

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Termination payments: foreign service

  1 speech

  Question proposed, That the clause stand part of the Bill.

• Employment income provided through third parties

  5 speeches

  Question proposed, That the clause stand part of the Bill.

2nd sitting · Tuesday, 9 January 2018

[Sir Roger Gale in the Chair]

• (Except clause 8; clause 33 and schedule 9; clauses 40 and 41 and schedule 11; new clauses or new schedules relating to the income tax treatment of armed forces’ accommodation allowances, the bank levy, stamp duty land tax, the effect of the Bill on equality, or the effect of the Bill on tax avoidance or evasion)

  0 speeches

  Clause 13

• Pension schemes

  10 speeches

  Question proposed, That the clause stand part of the Bill.

• EIS, SEIS and VCT reliefs: risk to capital

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Venture capital trusts: further amendments

  0 speeches

  Amendment made: 1, in schedule 5, page 75, line 36, at end insert— “Non-qualifying loans 6A (1) Section 285 of ITA 2007 (interpretation of Chapter 3 etc of Part 6)...

3rd sitting · Thursday, 11 January 2018

[Albert Owen in the Chair]

• (Except clause 8; clause 33 and schedule 9; clauses 40 and 41 and schedule 11; new clauses or new schedules relating to the income tax treatment of armed forces' accommodation allowances, The bank levy, stamp duty land tax, the effect of the Bill on equality, or the effect of the Bill on tax avoidance or evasion)

  0 speeches

  Clause 18

• Partnerships

  0 speeches

  Question proposed, That the clause stand part of the Bill.

• “Part 6

  0 speeches

• Returns: payment on account

  3 speeches

  16 (1) TMA 1970 is amended as follows. (2) After section 12AC (notice of enquiry), insert— (1) Within one month of the passing of the Finance Act 2018 the Chancellor of the Exchequer must...

• Research and development expenditure credit

  32 speeches

  Question proposed, That the clause stand part of the Bill.

• Intangible fixed assets: realisation involving non-monetary receipt

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Oil activities: tariff receipts etc

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Hybrid and other mismatches

  4 speeches

  Question proposed, That the clause stand part of the Bill.

4th sitting · Thursday, 11 January 2018

[ALBERT OWEN in the Chair] (Except clause 8; clause 33 and schedule 9; clauses 40 and 41 and schedule 11; new clauses or new schedules relating to the income tax treatment of armed forces’...

• Corporate interest restriction

  0 speeches

  Amendments made: 46, in schedule 8, page 100, line 24, at end insert “or held for distribution to owners”. Amendment 47, in schedule 8, page 100, leave out lines 27 to 29...

• Freezing of indexation allowance for gains chargeable to corporation tax

  7 speeches

  I beg to move amendment 48, in clause 26, page 18, line 35, at end insert— ‘(7A) Within 12 months of the passing of this Act, the Chancellor of the Exchequer must review the impact of...

• Assets transfer to non-resident company: reorganisations of share capital etc

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• First-year tax credits

  5 speeches

  Question proposed, That the clause stand part of the Bill.

5th sitting · Tuesday, 16 January 2018

[Sir Roger Gale in the Chair]

• (Except clause 8; clause 33 and schedule 9; clauses 40 and 41 and schedule 11; new clauses or new schedules relating to the income tax treatment of armed forces’ accommodation allowances, the bank levy, stamp duty land tax, the effect of the Bill on equality, or the effect of the Bill on tax avoidance or evasion)

  0 speeches

  Clause 30

• Reduction of relief in cases where losses relieved sideways etc

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Double taxation arrangements specified by Order in Council

  8 speeches

  I beg to move amendment 54, in clause 32, page 23, line 37, a t end insert— “(2A) After section 6 of TIOPA 2010 (the effect given by section 2 to double...

• Settlements: anti-avoidance etc

  5 speeches

  Question proposed, That the clause stand part of the Bill.

• Fixed rate deduction for expenditure on vehicles etc

  5 speeches

  Question proposed, That the clause stand part of the Bill.

• Carried interest

  4 speeches

  Question proposed, That the clause stand part of the Bill.

• Online marketplaces

  6 speeches

  I beg to move amendment 56, in clause 38, page 27, line 6, le ave out “69” and insert “69(1)”. This amendment specifies the subsection of...

6th sitting · Tuesday, 16 January 2018

[Albert Owen in the Chair]

• (Except clause 8; clause 33 and schedule 9; clauses 40 and 41 and schedule 11; new clauses or new schedules relating to the income tax treatment of armed forces' accommodation allowances, the bank levy, stamp duty land tax, the effect of the Bill on equality, or the effect of the Bill on tax avoidance or evasion)

  0 speeches

  Clause 38

• Online marketplaces

  3 speeches

  Amendment proposed (this day): 56, in clause 38, page 27, line 6, leave out ‘69’ and insert ‘69(1)’.—(Peter Dowd.) This amendment specifies the subsection of section...

• VAT refunds to public authorities

  13 speeches

  Question proposed, That the clause stand part of the Bill.

• Landfill tax: disposals not made at landfill sites, etc

  6 speeches

  Question proposed, That the clause stand part of the Bill.

• Air passenger duty: rates of duty from 1 April 2019

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• VED: rates for light passenger vehicles, light goods vehicles, motorcycles etc

  2 speeches

  Question proposed, That the clause stand part of the Bill.

• Tobacco products duty: rates

  6 speeches

  Question proposed, That the clause stand part of the Bill.

• Power to enter premises and inspect goods

  4 speeches

  I beg to move amendment 60, in clause 46, page 40, line 18, a t end insert— “(9A) The powers under subsections (1) to (6) of this section are not...

• CO2 emissions figures etc

  4 speeches

  I beg to move amendment 61, in clause 48, page 42, line 15, l eave out from “effect” to end of line 16 and insert “from the date on which the...

• Review of retrospective VAT refunds for the Scottish Fire and Rescue Service and the Scottish Police Authority

  0 speeches

  ‘(1) Within one month of this Act receiving Royal Assent, the Chancellor of the Exchequer shall commission a review of the potential consequences of allowing the Scottish Fire and Rescue...

• Review of the impact of increasing Research and Development Expenditure Credit

  0 speeches

  ‘(1) Within one month of Royal Assent to this Act, the Chancellor of the Exchequer shall commission a review of the impact of increasing the Research and Development Expenditure Credit from...

• EIS, SEIS, SI and VCT reliefs: review of operation

  0 speeches

  ‘(1) Within twelve months after the passing of this Act, the Chancellor of the Exchequer must review the operation of the reliefs established under Parts 5, 5A, 5B and 6 of ITA 2007. (2)...

• Review of change to level of research and development expenditure credit

  0 speeches

  ‘(1) No later than 31 March 2019, the Chancellor of the Exchequer must review the effects of the change to the level of research and development expenditure made by section 19(1). (2) The...

• Review of financial impact of postponement of charge on share exchange in overseas transferee company

  0 speeches

  ‘(1) Within twelve months after the passing of this Act, the Chancellor of the Exchequer must review the financial impact of the changes made by section 27 of this Act to section 140 TCGA....

• First Year Tax Credits: Review of effectiveness

  0 speeches

  ‘(1) The Chancellor of the Exchequer must commission a review of the effectiveness of First Year Tax Credits. (2) The review under this section must consider— (a) the effectiveness of...

• Review of effectiveness of limit to double taxation relief

  0 speeches

  “(1) No later than 31 March 2019, the Chancellor of the Exchequer must review the effects of the limit to double taxation relief made by section 30. (2) The review under this section must...

• Fixed rate deduction for expenditure on vehicles: review of change to eligibility

  0 speeches

  ‘(1) Within twelve months after the passing of this Act, the Chancellor of the Exchequer must review the effects of the amendments made by section 36 allowing unincorporated property...

• Landfill Tax disposals: review of changes to disposals within charge

  2 speeches

  ‘(1) The Chancellor of the Exchequer must commission a review of the changes to disposals for which Landfill Tax is chargeable within three months of the passing of this Act. (2) The review...