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Proceeding contribution from Lord Hammond of Runnymede (Conservative) in the House of Commons on Tuesday, 29 April 2008. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance Bill.


Finance Bill

I ask the Financial Secretary to clarify that statement. Surely we are extending a statutory tax privilege to such payments that would not be available but for this measure; otherwise, there would be no point in clause 49. HMRC would have to test the payment against the usual criteria that it applies, and the Mayor would have to convince it that he had not received the payment as of right and that it was an ex gratia payment. That would be difficult to do when the GLA has made a scheme that makes the payment available to him.


Secondary information

Type
Proceeding contribution
Reference
475 c181 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Agriculture Climate change Carbon dioxide Housing Greater London Authority Leasehold Excise duties Fuels Flats Motor vehicles Pollution Payments Mayor of London Tax allowances Taxation Tenants Stamp duties Tax rates and bands Self-assessment Carbon emissions Henry VIII clauses Ex gratia payments Stamp duty land tax Right to enfranchise companies
Legislation
Finance Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk