ALLISON PLAGER reviews the ninth and tenth sittings of the Public Bill Committee
KEY POINTS
- Should companies owned by private equity funds be eligible for enterprise management incentives?
- The difference between a 'small' and a 'minority' shareholding
- Why is the Government legislating for Sharkey?
- Removing the tax charge on rental income received from overseas properties owned by companies
State aid seemed to be a theme running through the ninth sitting of the Public Bill Committee's deliberations on the 2008 Finance Bill.
Mark Hoban referring to the proposed increased limits from £400 000 to £500 000 for enterprise investment schemes asked why the increase had been to that particular amount. He wanted to know when the EU would give the increase clearance.
He suggested further that there was some ambiguity about the meaning of paragraph 10 of...
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