Finance Bill Debates

Alan Dolton

Alan Dolton Editor of Tolley's Tax Cases continues our coverage of Standing Committee A's consideration of the Finance Bill

Standing Committee A resumed on Thursday 8 June. Most of the morning session was taken up by a general discussion of Clauses 103 (Real Estate Investment Trusts) and 104 (Property rental business) both of which were duly agreed. The discussion of Schedule 16 (excluded business and income) extended into the afternoon. The Economic Secretary (Ed Balls) confirmed that:

'Those Committee members … who have studied the draft regulations in detail will have seen that in them we already envisage two changes to the list in schedule 16. The Government have chosen to release those proposed changes in draft regulations to allow industry representatives and other interested parties to comment...

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Alan Dolton Editor of Tolley's Tax Cases continues our coverage of Standing Committee A's consideration of the Finance Bill

'Those Committee members … who have studied the draft regulations in detail will have seen that in them we already envisage two changes to the list in schedule 16. The Government have chosen to release those proposed changes in draft regulations to allow industry representatives and other interested parties to comment...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes: