Finance Bill Debates

Alan Dolton

Alan Dolton Editor of Tolley's Tax Cases outlines the Second Reading debate on the Finance Bill

The House of Commons considered the Finance Bill on Monday 24 April in a Second Reading Debate lasting for slightly more than six hours. The Bill was proposed by the Chief Secretary to the Treasury (Des Browne) who briefly outlined some of the Bill's main provisions. Conservative spokesman Theresa Villiers (Chipping Barnet) proposed an Opposition amendment. On VAT she commented:

'We welcome too the attempt in clause 19 to crack down on MTIC — missing trader intra-community — fraud but we are concerned that the Bill does not include an implementation date. Given the vast sums lost to the Exchequer as the result of such fraud I...

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:

Subscribe Now...

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.

Once you have registered, you will receive an email directing you back to read this article in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

Alan Dolton Editor of Tolley's Tax Cases outlines the Second Reading debate on the Finance Bill

'We welcome too the attempt in clause 19 to crack down on MTIC — missing trader intra-community — fraud but we are concerned that the Bill does not include an implementation date. Given the vast sums lost to the Exchequer as the result of such fraud I...

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: