David Gauke: I am grateful, Sir John. I withdraw that question and have no further comments.
David Gauke: In a similar spirit, may I just raise a couple of points that the Law Society has highlighted in respect of schedule 6, and ask whether the new wording introduced by the Paymaster General will address those concerns? The first relates to basic principles of loan relationship legislation. I assure the House that the Law Society guidance was not produced by my wife, although it was produced by...
David Gauke: What the Government's policy is on pursuing ratification of the EU constitution.
David Gauke: First, I wish the Minister for Europe well in his post. I do not know whether congratulations are in order, but I certainly wish him well. Given that, in recent weeks, the German Chancellor, the Italian Prime Minister and the President of the European Commission have said that there may yet be life in the European constitution, does not the right hon. Gentleman believe that it is time to make...
David Gauke: I am afraid that I cannot throw any light on why the loss in the first transaction will not count, but if the example given by the CIT is incorrect because of the assumption that the hon. Member for Wolverhampton, South-West mentioned, perhaps the Paymaster General should confirm whether the assumption is correct.
David Gauke: I shall make two brief points. I am grateful to the Paymaster General for her comments on the Law Society. In the Committee of the whole House on another topic she was a little dismissive of law firms and professional advisers and questioned whether such advisers would know more than Treasury officials. In this case, it has emerged that they do. I should declare an interest: the Law...
David Gauke: I come back to this question of timing. The Paymaster General may be pleased to know that I will approach this from a slightly different tack and for argument’s sake I fully accept her point that clause 54 relates only to dubious transactions that should be picked up. If the donations were made in 1996, 1997 or 1998 and then the payment under subsection (3) or the transaction at less...
David Gauke: My point was merely a question of interpretation as to what the clause is saying. I think that the Paymaster General has clarified that. Because of the £100,000 over six years, it may be possible to look back 11 years. That is a point that charities will need to bear in mind, whether they are acting mischievously or otherwise.
David Gauke: I wanted to intervene in case the Paymaster General was about to conclude her remarks.
David Gauke: That comes as a relief to us all. I wanted merely to question the point about whether the time was five, six or 11 years. The worry that some of us have is about the bureaucratic burden that may fall on charities to check previous donations to ensure how far back they need to go to be confident that they will not be caught under clause 54.
David Gauke: I, too, should like to speak to amendment No. 91. I have a particular concern that I hope the Paymaster General will address. As the Bill stands, how far back would charities need to look through their records? My hon. Friend the Member for Ludlow (Mr. Dunne) referred to six years, but I am concerned that it might be necessary for them to look back 11 years. I say that because the wording of...
David Gauke: I am grateful to the Economic Secretary for clarifying the matter. Is KPMG wrong in its assumption that the method of calculation described in the schedule applies only if a film is in production?
David Gauke: I apologise if I am being a little slow. Does that mean that the mechanism contained in the schedule applies not only when a film is in production but subsequently?
David Gauke: I think it does. The statement from KPMG suggests that it presumes that the method of calculation described in the schedule applies only when a film is in production, as the Economic Secretary has fully explained. I question that statement; I do not think that that is right. However, I am grateful for the clarification.
David Gauke: I ask for clarification, Mr. Benton. May I speak to amendment No. 55?
David Gauke: I shall add to the comments of my hon. Friend the Member for Chipping Barnet on paragraphs 7 to 9 to schedule 4. Paragraph 7 will require a film’s entire estimated income to be taxed in proportion to how production costs are incurred. Most of the experts who provided us with representations took that to mean that once post-production is complete, a company will be taxed on all future...
David Gauke: To ask the Deputy Prime Minister how many full-time equivalent staff will be employed to support his Cabinet work following the announcement of 5 May of changes to his responsibilities.
David Gauke: To ask the Deputy Prime Minister what his areas of responsibility are for the purposes of answering Parliamentary questions following the announcement of 5 May of changes to his responsibilities.
David Gauke: To ask the Deputy Prime Minister what his responsibilities are in his new role.
David Gauke: To ask the Secretary of State for the Home Department from which (a) police forces and (b) police authorities he has received a request for amalgamation with a neighbouring police force.