1st sitting · Tuesday, 27 January 2026

[Sir Roger Gale in the Chair]

• (Except clauses 1 to 8, schedules 1 and 2, clauses 9, 10, 69 and 62, schedule 12, clauses 63 to 68 and 83 to 85, schedule 13, clause 86 and any new clauses or new schedules relating to the subject matter of these clauses and schedules.)

  2 speeches

  Good morning, everyone. We are now sitting in public and the proceedings are being broadcast. Before we begin, I remind Members to please switch electronic devices to silent. Tea and coffee are...

• Clause 11 - Charge and main rate for financial year 2027

  6 speeches

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

• Clause 13 - Enterprise management incentives: thresholds and period for exercise

  6 speeches

  I beg to move amendment 37, in clause 13, page 7, line 37, at end insert— “( ) In section 169I(7D)(b) of TCGA 1992 (material disposal of business assets)— (a) for...

• Clause 14 - Enterprise investment scheme: increase in amounts and asset requirements

  4 speeches

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

• Clause 15 - Venture capital trusts: rate of relief and amounts and asset requirements

  0 speeches

  Amendment proposed: 29, in clause 15, page 10, line 23, leave out subsection (2).—(James Wild.) This amendment would maintain the rate of income tax relief for investments into venture...

• Clause 16 - CSOP schemes and EMI: PISCES shares

  3 speeches

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

• Clause 17 - Employee car and van ownership schemes

  5 speeches

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

• Clause 20 - Employment income: miscellaneous exemptions

  6 speeches

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

• Clause 24 - Umbrella companies

  5 speeches

  I beg to move amendment 5, in clause 24, page 28, line 25, at end insert— “61Z2 Disclosures to liable persons (1) Subsection (2) applies where an officer of Revenue and Customs...

• Clause 25 - Loan charge settlement scheme

  10 speeches

  I beg to move amendment 9, in clause 25, page 30, line 21, at end insert “, or (ii) a director or shadow director of such a person.” This amendment expands the persons to whom the...

• Clause 27 - Loan charge settlement scheme: supplementary

  1 speech

  Amendment made: 11, in clause 27, page 33, line 15, at end insert— “(da) adapting provision made under section 25(6), in cases where a settlement offer is made to a person who is not...

• Clause 28 - Main rate of writing-down allowances for expenditure on plant or machinery

  7 speeches

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

• Clause 30 - Expenditure on zero-emission cars and electric vehicle charging points

  9 speeches

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

• Clause 31 - Payments for surrender of expenditure credits

  5 speeches

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

• Clause 34 - R&D undertaken abroad: Chapter 2 relief only

  3 speeches

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

• Clause 35 - Restriction of relief on disposals to employee-ownership trusts

  2 speeches

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

2nd sitting · Tuesday, 27 January 2026

[Carolyn Harris in the Chair]

• (Except clauses 1 to 8, schedules 1 and 2, clauses 9, 10, 69 and 62, schedule 12, clauses 63 to 68 and 83 to 85, schedule 13, clause 86 and any new clauses or new schedules relating to the subject matter of these clauses and schedules.) - Clause 35

  0 speeches

• Restriction of relief on disposals to employee-ownership trusts

  5 speeches

  Question (this day) again proposed, That the clause stand part of the Bill.

• Clause 36 - Anti-avoidance: collective investment scheme reconstructions

  4 speeches

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

• Clause 39 - Incorporation relief: requirement to claim

  4 speeches

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

• Clause 40 - Non-residents: cell companies

  4 speeches

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

• Clause 42 - Abolition of notional tax credit on distributions received by non-UK residents

  3 speeches

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

• Clause 43 - Non-resident, and previously non-domiciled individuals

  1 speech

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

• “Part 1A - Amendment of transfer of assets abroad provisions

  8 speeches

  7A In section 737 of ITA 2007 (exemption: all relevant post-4 December 2005 transactions), after subsection (4) insert— ‘(4A) In relation to income falling within subsection (4B)...

• Schedule 3 - Non-resident, and previously non-domiciled individuals

  0 speeches

  Amendment proposed: 30, in schedule 3, page 271, line 26, leave out from “amount” to end and insert “is the lower of— (a) the value of the amount when it first arose to...

• Clause 45 - PAYE for treaty non-residents etc.

  4 speeches

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

• Clause 46 - Unassessed transfer pricing profits

  4 speeches

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

• Clause 47 - Transfer pricing reform

  4 speeches

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

• Schedule 6 - Transfer pricing

  1 speech

  Amendment made: 20, in schedule 6, page 318, line 41, at end insert— “(ba) in subsection (4)(b), for ‘issuing company’, in both places it occurs, substitute...

• Clause 48 - International controlled transactions

  4 speeches

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

• Clause 49 - Permanent establishments

  4 speeches

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

• Clause 50 - Pillar two

  4 speeches

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

• Schedule 8 - Pillar Two

  0 speeches

  Amendments made: 21, in schedule 8, page 358, line 9, leave out “50” and insert “50A”. This amendment is consequential on Amendment 22. Amendment 22, in schedule 8, page...

• Clause 51 - Controlled foreign companies: interest on reversal of state aid recovery

  3 speeches

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

• Clause 52 - Legacies to charities to be within scope of tax

  4 speeches

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

• Clause 53 - Approved charitable investments: purpose test

  5 speeches

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

• Clause 54 - Tainted charity donations: replacement of purpose test with outcome test

  4 speeches

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

3rd sitting · Thursday, 29 January 2026

[Clive Efford in the Chair]

• (Except clauses 1 to 8, schedules 1 and 2, clauses 9, 10, 69 and 62, schedule 12, clauses 63 to 68 and 83 to 85, schedule 13, clause 86 and any new clauses or new schedules relating to the subject matter of these clauses and schedules.)

  1 speech

  I have a few preliminary reminders for the Committee. Please switch electronic devices to silent. No food and drink are permitted during the sittings, other than the water provided. Hansard will...

• Clause 55 - Winter fuel payment charge

  13 speeches

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

• Schedule 10 - Winter fuel payment charge

  0 speeches

  Amendment proposed: 41, in schedule 10, page 395, line 28, at end insert— “(1A) The Treasury must, each tax year, amend the amount specified under section 681I(1)(b) by the change in...

• Clause 56 - Carried interest

  6 speeches

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

• Clause 57 - Collective money purchase schemes and Master Trust schemes

  3 speeches

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

• Clause 58 - Corporate interest restriction: reporting companies

  4 speeches

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

• Clause 60 - Avoidance schemes involving certain non-derecognition liabilities

  3 speeches

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

• Clause 61 - Energy (oil and gas) profits levy: decommissioning relief agreements

  4 speeches

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

• Clause 70 - Relevant property: disapplication of exemptions from exit charges

  4 speeches

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

• Clause 74 - Power to make provision about infected blood compensation payments

  7 speeches

  I beg to move amendment 47, in clause 74, page 91, line 20, leave out from “(1)” to the end of line 25 and insert- “may not be made unless a draft of the instrument has been...

• Clause 75 - Scope of exemption for gifts to charities and registered clubs

  4 speeches

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

• Clause 77 - Zero-rating of leases of vehicles to recipients of disability benefits

  5 speeches

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

4th sitting · Thursday, 29 January 2026

[Carolyn Harris in the Chair]

• (Except clauses 1 to 8, schedules 1 and 2, clauses 9, 10, 69 and 62, schedule 12, clauses 63 to 68 and 83 to 85, schedule 13, clause 86 and any new clauses or new schedules relating to the subject matter of these clauses and schedules.) - Clause 79

  0 speeches

• Private hire vehicles or taxis

  17 speeches

  I beg to move amendment 42, in clause 79, page 95, line 37, at end insert— “(3B) Section (3A) does not apply to journeys by private hire vehicle or taxi in rural areas.” This...

• Clause 80 - Certain charitable donations not to be treated as supplies of goods

  6 speeches

  I beg to move amendment 43, in clause 80, page 96, line 28, at end insert— “(2A) The Treasury must, each year, amend by order the applicable limit set under section 5A(2)(a) by the...

• Clause 81 - Refunds of VAT to combined county authorities

  4 speeches

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

• Clause 82 - UK listing relief

  14 speeches

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

• Clause 87 - Rates of duty effective from 6pm on 26 November 2025

  4 speeches

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

• Clause 89 - Vehicle excise duty for light passenger or light goods vehicles etc

  4 speeches

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

• Clause 90 - Vehicle excise duty for rigid goods vehicles without trailers and tractive units

  11 speeches

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

• Clause 94 - Vehicle excise duty: expensive car supplement

  6 speeches

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

• Clause 96 - Rates of air passenger duty

  11 speeches

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

• Clause 97 - Rates of climate change levy

  4 speeches

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

• Clause 98 - Rates of landfill tax

  10 speeches

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

• Clause 99 - Rate of aggregates levy

  5 speeches

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

• Schedule 23 - Aggregates levy: amendments relating to disapplication of levy to Scotland

  0 speeches

  Amendments made: 27, in schedule 23, page 535, line 22, after “from” insert “premises in”. This amendment together with Amendments 28 and 26 revises the inserted...

• Clause 101 - Rate of plastic packaging tax

  4 speeches

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

• Clause 105 - Rates of levy

  3 speeches

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

• Clause 106 - Amendment of customs tariff power

  3 speeches

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

• Clause 107 - Dumping and subsidisation investigations

  6 speeches

  I beg to move amendment 44, in clause 107, page 129, line 32, at end insert— “(10) Before giving a direction under sub-paragraph (1), the Secretary of State must lay before Parliament...

• Clause 109 - Customs facilities at approved wharves and other places

  3 speeches

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

• Clause 110 - Increases to rates of levy

  5 speeches

  I beg to move amendment 12, in clause 110, page 134, line 20, at end insert— “(2A) In consequence of the amendments made by the preceding subsections, in section 189 of the Economic...

• Clause 111 - Removal of time limit to claim relief under section 106(3) of FA 2013

  3 speeches

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

5th sitting · Tuesday, 3 February 2026

[Sir Roger Gale in the Chair]

• (Except clauses 1 to 8, schedules 1 and 2, clauses 9, 10, 69 and 62, schedule 12, clauses 63 to 68 and 83 to 85, schedule 13, clause 86 and any new clauses or new schedules relating to the subject matter of these clauses and schedules.)

  1 speech

  Good morning, ladies and gentlemen. Before we continue our line-by-line scrutiny, let me remind the Committee of the usual housekeeping arrangements. Please switch all electronic devices to...

• Clause 112 - Excise duty: charge

  6 speeches

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

• Clause 117 - Stamping of vaping products

  5 speeches

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

• Clause 121 - Forfeiture

  5 speeches

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

• Clause 126 - Dealing in duty stamps

  5 speeches

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

• Clause 131 - Publication of information

  6 speeches

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

• Clause 138 - Commencement and transitional provision

  0 speeches

  Amendments made: 13, in clause 138, page 146, line 24, at end insert— “( ) Sections 114(4) (production only in accordance with regulations) and 117(1) (duty to stamp in...

• Clause 139 - Introduction to CBAM

  11 speeches

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

• Clause 146 - Rate

  0 speeches

  Amendment made: 15, in clause 146, page 154, line 17, at end insert— “(4A) In determining the ‘baseline free allocation percentage’ in relation to a CBAM sector, ignore...

• Clause 148 - Administration and enforcement

  7 speeches

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

• Clause 150 - Supplementary amendments

  4 speeches

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

• Clause 156 - Prohibition of promotion of certain tax avoidance arrangements

  2 speeches

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

6th sitting · Tuesday, 3 February 2026

[Sir Roger Gale in the Chair]

• (Except clauses 1 to 8, schedules 1 and 2, clauses 9, 10, 69 and 62, schedule 12, clauses 63 to 68 and 83 to 85, schedule 13, clause 86 and any new clauses or new schedules relating to the subject matter of these clauses and schedules.) - Clause 156

  0 speeches

• Prohibition of promotion of certain tax avoidance arrangements

  12 speeches

  Question (this day) again proposed, That the clause stand part of the Bill.

• Clause 163 - Certification of promoters

  9 speeches

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

• Clause 174 - Connected persons

  4 speeches

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

• Clause 186 - Offence of failing to comply with a notice

  4 speeches

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

• Clause 206 - Declaration in relation to privileged material

  3 speeches

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

• Clause 213 - Penalties for non-disclosure of tax avoidance schemes

  2 speeches

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

• Clause 217 - Construction industry scheme: amendments

  4 speeches

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

• Clause 220 - Prohibition against unregistered tax advisers interacting with HMRC

  14 speeches

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

• Clause 225 - Registration conditions: interpretation

  0 speeches

  Amendments made: 16, in clause 225, page 211, line 24, leave out “an amount within paragraph (a) or (b)” and insert “a tax payable to HMRC or to national insurance...

• Clause 230 - Compliance notice

  4 speeches

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

• Clause 238 - Assessment of financial penalties

  2 speeches

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

• Clause 241 - Reviews and appeals

  7 speeches

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

• Clause 242 - Disclosure of information

  6 speeches

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

• Clause 247 - Conduct of tax advisers

  5 speeches

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

• Schedule 21 - Conduct of tax advisers

  0 speeches

  Amendment made: 25, in schedule 21, page 514, line 38, at end insert— “(aa) in sub-paragraph (3), for ‘individual’ substitute ‘person’;”.— This...

• Clause 251 - Fiscal mandate assessments prepared by the Office for Budget Responsibility

  3 speeches

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

• Clause 252 - Data-gathering

  8 speeches

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

• Clause 253 - Persons on whom digital reporting requirements may be imposed

  5 speeches

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

• Clause 259 - Penalty points and late submission penalties (power to cancel etc)

  6 speeches

  I beg to move amendment 50, in clause 259, page 236, line 4, at end insert— “(1A) After paragraph 5(8) insert— ‘(8A) A person is not liable to a penalty point as a result...

• Clause 263 - Clearances

  4 speeches

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

• Clause 272 - Cryptoasset reporting: users and controlling persons resident in the UK

  4 speeches

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

• Clause 274 - Stamp duty: piloting of digital service etc

  6 speeches

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

• New Clause 2 - Report on the impact of section 28

  0 speeches

  “(1) The Chancellor of the Exchequer must, within six months of this Act being passed, lay before the House of Commons a report on the impact of implementation of the provisions of section...

• New Clause 10 - Review of uprating of Winter Fuel Payment charge cap

  0 speeches

  “(1) The Chancellor of the Exchequer must, within 12 months of this Act being passed, lay before the House of Commons a report on the impact of uprating, by reference to the consumer prices...

• New Clause 22 - Review of landfill tax changes

  0 speeches

  “(1) The Chancellor of the Exchequer must, within 12 months of this Act being passed, lay before the House of Commons a report on the impact of implementation of the provisions of section...

• New Clause 25 - Report on fairness and scope of the loan charge settlement opportunity

  0 speeches

  “(1) HM Revenue and Customs must, within 12 months of the passing of this Act, lay before the House of Commons a report on the operation and impact of any loan charge settlement opportunity...

• New Clause 27 - Report on winter fuel payment charge and related compliance and collection measures

  0 speeches

  “(1) The Commissioners for HM Revenue and Customs must lay before the House of Commons a report on the operation and effects of the charge applied to winter fuel payments where an...

• New Clause 33 - Review of effects of the Act on businesses

  5 speeches

  “(1) The Chancellor of the Exchequer must, within 12 months of this Act being passed, conduct a review of the aggregate effects on businesses of the measures contained in this Act. (2) The...

• New Clause 34 - Review of impact of tax changes in this Act on households

  6 speeches

  “(1) The Chancellor of the Exchequer must, within 12 months of this Act being passed, publish an assessment of the aggregate impact of the measures in this Act on household finances. (2)...

• New Clause 36 - Review of the effects of this Act on the administrative burden on businesses

  5 speeches

  “(1) The Chancellor of the Exchequer must, within 12 months of the passing of this Act, lay before the House of Commons a report on the effects of the provisions of this Act on...