Finance Bill – in a Public Bill Committee at 3:15 pm on 28 January 2025.
Amendments made: 44, in schedule 8, page 194, line 33, leave out “qualifying” and insert “non-resident or qualifying”.
This amendment is to make parenthetical description of sections 373 and 374 of ITEPA 2003 consistent with those sections as amended by Schedule 8.
Amendment 45, in schedule 8, page 194, line 39, after “Part 2” insert—
“of this Act or Chapter 5 of Part 8 of ITTOIA 2005 (see section 845B of that Act)”.
This amendment provides that an employee must not be a qualifying new resident for the purposes of Chapter 5 of Part 8 of ITTOIA 2005 to benefit from a deduction under section 341 of ITEPA 2003, as well as not being a qualifying new resident for the purposes of ITEPA 2003.
Amendment 46, in schedule 8, page 195, line 4, after “Part 2” insert—
“of this Act or Chapter 5 of Part 8 of ITTOIA 2005 (see section 845B of that Act)”.
This amendment provides that an employee must not be a qualifying new resident for the purposes of Chapter 5 of Part 8 of ITTOIA 2005 to benefit from a deduction under section 342 of ITEPA 2003, as well as not being a qualifying new resident for the purposes of ITEPA 2003.
Amendment 47, in schedule 8, page 195, line 11, after “Part 2” insert—
“of this Act or Chapter 5 of Part 8 of ITTOIA 2005 (see section 845B of that Act)”.
This amendment provides that an employee can benefit from deductions under section 355 of ITEPA 2003 where the employee is a qualifying new resident for the purposes of Chapter 5 of Part 8 of ITTOIA 2005, as well as where the employee is a qualifying new resident for the purposes of ITEPA 2003.
Amendment 48, in schedule 8, page 195, line 13, leave out “qualifying” and insert “non-resident or qualifying”.
This amendment is to make the parenthetical description of section 373 of ITEPA 2003 consistent with that section as amended by Schedule 8.
Amendment 49, in schedule 8, page 195, line 36, after “Part 2” insert—
“of this Act or Chapter 5 of Part 8 of ITTOIA 2005 (see section 845B of that Act)”.
This amendment provides that an employee can benefit from deductions under section 373 of ITEPA 2003 where the employee is a qualifying new resident for the purposes of Chapter 5 of Part 8 of ITTOIA 2005, as well as where the employee is a qualifying new resident for the purposes of ITEPA 2003.
Amendment 50, in schedule 8, page 196, line 7, after “Part 2” insert—
“of this Act or Chapter 5 of Part 8 of ITTOIA 2005 (see section 845B of that Act)”.
This amendment provides that an employee can benefit from deductions under section 374 of ITEPA 2003 where the employee is a qualifying new resident for the purposes of Chapter 5 of Part 8 of ITTOIA 2005, as well as where the employee is a qualifying new resident for the purposes of ITEPA 2003.
Amendment 51, in schedule 8, page 196, leave out line 16.
This amendment reinstates section 375 of ITEPA 2003 which defines “qualifying arrival date” for the purposes of sections 373 and 374 of ITEPA 2003.
Amendment 52, in schedule 8, page 196, line 21, after “Part 2” insert—
“of this Act or Chapter 5 of Part 8 of ITTOIA 2005 (see section 845B of that Act)”.
This amendment provides that an employee must not be a qualifying new resident for the purposes of Chapter 5 of Part 8 of ITTOIA 2005 to benefit from a deduction under section 376 of ITEPA 2003, as well as not being a qualifying new resident for the purposes of ITEPA 2003.
Amendment 53, in schedule 8, page 197, line 17, at end insert—
“2A In Part 8 of Schedule 3 to the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004), in paragraph 5 (travel costs and expenses where duties performed in the United Kingdom) —
(a) in the heading, for ‘non-domiciled’ substitute ‘non-resident or qualifying new resident’;
(b) in paragraph (a), for ‘non-domiciled’ substitute ‘non-resident or qualifying new resident’.”
This amendment makes the parenthetical descriptions of sections 373 and 374 of ITEPA 2003 contained in the Social Security (Contributions) Regulations 2001 consistent with those sections as amended by Schedule 8.
