Written Answers — Treasury: Income Tax (13 May 2014)
David Gauke: The cost of raising the income tax personal allowance may be approximated using the “Direct effects of illustrative tax changes” table as published on the internet at the following...
View ArticleProhibition of Unpaid Internships: New Clause 3 — Access to data (13 May 2014)
...Mr Liam Byrne Mr Alan Campbell Ronnie Campbell Martin Caton Sarah Champion Jenny Chapman Katy Clark Mr Tom Clarke Ann Clwyd Vernon Coaker Ann Coffey Michael Connarty Rosie Cooper Jeremy Corbyn David...
View ArticleProhibition of Unpaid Internships: New Clause 23 — Consumer credit: bill of...
...Adrian Bailey William Bain Ed Balls Gordon Banks Kevin Barron Hugh Bayley Margaret Beckett Hilary Benn Joe Benton Luciana Berger Clive Betts Roberta Blackman-Woods Hazel Blears Paul Blomfield Mr...
View ArticleProhibition of Unpaid Internships: New Clause 13 — Goods to be as described:...
...Davies Nigel Evans Jim Fitzpatrick James Gray Gordon Henderson Lady Hermon Kate Hoey Jason McCartney Ian Paisley Andrew Percy Simon Reevell Jim Shannon Henry Smith Andrew Turner Charles Walker David...
View ArticleProhibition of Unpaid Internships: New Clause 22 — Prohibition of fees in...
...William Bain Ed Balls Gordon Banks Kevin Barron Hugh Bayley Margaret Beckett Dame Anne Begg Hilary Benn Joe Benton Luciana Berger Clive Betts Roberta Blackman-Woods Hazel Blears Paul Blomfield Mr...
View ArticleProhibition of Unpaid Internships: New Clause 16 — Secondary ticketing...
...William Bain Ed Balls Gordon Banks Kevin Barron Hugh Bayley Margaret Beckett Dame Anne Begg Hilary Benn Joe Benton Luciana Berger Clive Betts Roberta Blackman-Woods Hazel Blears Paul Blomfield Mr...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 51 - Removing time limit...
David Gauke: Clause 51 would make changes to ensure that the SEIS is made permanent. The scheme, which was introduced in 2012, is designed to help small early-stage companies, which often find it...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 50 - Venture capital...
David Gauke: I thank the hon. Lady for her support for the clause and the amendments to it. VCTs are a long-standing part of our tax system, in place since 1995. I hope that both Government and...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 52 - Removing time limit...
David Gauke: Clause 52 makes changes to ensure that capital gains tax relief for reinvesting in SEIS shares is made permanent. The capital gains tax SEIS reinvestment relief was introduced in 2012,...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 53 - Relief for...
David Gauke: Clause 53 introduces schedules 9 and 10, which provide for a new social investment tax relief. The scheme offers income tax and capital gains tax reliefs on sums invested by individuals in...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 54 - Relief on disposal...
David Gauke: Clause 54 provides that where an individual owns a property that has at any time been their main home in the last 18 months, they will automatically qualify for relief from capital gains...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 56 - Termination of life...
David Gauke: No doubt the Committee is excited by the fact that we are debating clause 284. That excitement is tempered only by the fact that we are also debating clause 56 and there is a long way...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 55 - Remittance basis and...
David Gauke: Clause 55 makes a small change to ensure that the remittance basis works as intended in respect of gains arising during the overseas part of a split year of residence. Schedule 45 to the...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 58 - Capital gains...
David Gauke: Clause 58, as we have heard, corrects an error in legislation rewritten in 2009, arising from the tax law rewrite project. The changes made by clause 58 ensure that companies are not able...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 57 - Capital gains...
David Gauke: As we have heard, clause 57 extends the list of assets that are eligible for capital gains tax roll-over relief. Roll-over relief allows capital gains tax to be deferred where the proceeds...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 60 - Extension of capital...
David Gauke: Clause 60, as we have heard, extends the enhanced capital allowance scheme in enterprise zones by three years. Currently, a company must invest in a designated site by 31 March 2017 in...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 59 - Avoidance involving...
David Gauke: As we have heard, the clause makes changes to an anti-avoidance rule that restricts the use of capital losses by companies. The changes make it clear that the rule applies to all...
View ArticlePublic Bill Committee: Finance (No. 2) Bill: Clause 61 - Business premises...
David Gauke: As we have heard, the clause makes various changes to the business premises renovation allowance that ensure that only the actual direct costs of bringing unused business premises back...
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