STANDING COMMITTEE F commenced its scrutiny of this year's Finance Bill on 14 May. The Committee Chairman Mr Roger Gale kicked off proceedings with some 'housekeeping' points: Committee Members would be allowed to remove their jackets but (close to the hearts of those of us who use public transport) were requested to switch off their mobile phones. However recognising the relative importance of the Finance Bill to the World Cup and noting that the sittings were expected to overlap with the first matches Mr Gale did acknowledge that in due course the results might be welcomed via pagers!
VAT
The first and second sittings of the Committee dealt with duties on tobacco spirits oils and various vehicles. Part way through the third sitting clause 22 of the Finance Bill 2002 was addressed being the...
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