.png)
.png)
The Finance Bill subject to final debate in the House of Commons before third reading.
KEY POINTS
- Corporation tax at 45% on restitution payments.
- Residence nil rate band recognised inheritance tax creep.
- Continued cool reception for direct recovery of debt measure.
- VAT on women’s sanitary protection products.
After the public bill committee’s debates on the finance bill it returned to the House of Commons for further consideration. This lasted about five and three-quarter hours.
David Gauke financial secretary to the Treasury began proceedings by introducing new clauses 4 5 and 8. The first amended clauses 25 and 26 which amended the enterprise investment scheme and venture capital trust regimes to bring them into line with EU state aid rules.
The new clause excludes companies from qualifying for these schemes if their activities involve making available reserve electricity generating capacity such as under the capacity market...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
