CT payment plans for tax on certain transactions with EEA residents

Part of Finance Bill – in a Public Bill Committee at 3:00 pm on 9th June 2020.

Alert me about debates like this

Photo of Wes Streeting Wes Streeting Shadow Exchequer Secretary (Treasury) 3:00 pm, 9th June 2020

Clause 33 and schedule 6 represent a welcome and sensible response to the decision taken by the first-tier tribunal in the case of Gallaher v. HMRC. The only question I have for the Financial Secretary is about the fact that the Treasury can withdraw the facility to enter into CT payment plans by statutory instrument, as he alluded to at the end of his remarks. The explanatory notes to the Bill state that the power of repeal

“is intended to be used if the Government determines that CT payment plans are no longer required.”

Could the Financial Secretary give us some sense of the circumstances in which the Government may determine that CT payment plans are no longer required?