Finance Bill Debates

Standing Committee A resumed proceedings on Tuesday 11 May considering Schedule 2 (VAT avoidance schemes). The Economic Secretary (John Healey) confirmed that 'as with the listed schemes that we discussed last week the hallmarks will be designated specifically by Treasury order subject to affirmative resolution and therefore debate in the House. Drafts of the order will be exposed for comments one month before it is laid so it will be subject to consultation and parliamentary scrutiny. The first hallmark will be designated at the same time as the first listed schemes...