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Proceeding contribution from Baroness Noakes (Conservative) in the House of Lords on Thursday, 26 January 2006. It occurred during Debate on bill and Committee proceeding on National Insurance Contributions Bill.


National Insurance Contributions Bill

I do not know how much that would be at risk, because I do not know how good the disclosure regime will be. I notice that the Minister again did not provide examples of any new schemes that have emerged that need to be dealt with. I know that that there is a general deterrent effect, but I would have thought that if there were any more such schemes, the disclosure regime would have revealed them by now. Either the Government do or do not believe in the disclosure regime. I shall return to that later. It still seems perfectly reasonable, given the disclosure regime, to have liability triggered from the date of the announcement. I said that we would not have a meeting of minds on this matter, and I do not think there has been. I beg leave to withdraw the amendment. Amendment, by leave, withdrawn. [Amendments Nos. 5 and 6 not moved.]


Secondary information

Type
Proceeding contribution
Reference
677 c382-3GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
Disclosure of information Liability Incentives Employees' contributions Employers' contributions National insurance Pay Payments National insurance contributions Tax avoidance Taxation Time limits Tax yields Retrospective legislation
Legislation
National Insurance Contributions Bill 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk