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Proceeding contribution from Lord Jenkin of Roding (Conservative) in the House of Lords on Monday, 18 May 2009. It occurred during Debate on bill and Committee proceeding on Business Rate Supplements Bill.

Business Rate Supplements Bill

Amendment 25 25: Schedule 1, page 21, line 18, at end insert— "(d) the likely impact of the imposition of a BRS on those contributions towards funding public transport works that are treated as allowable deductions. In this Schedule— "public transport works" means works undertaken to provide services on which members of the public rely for getting them from place to place when not relying on facilities of their own; "allowable deductions" means expense occurred in the course of carrying on a business under Schedule A or Schedule D (Cases I and II) of the charge to tax under the Income and Corporation Taxes Act 1988."

Secondary information

Type
Proceeding contribution
Reference
710 c514GC 
Session
2008-09
Chamber / Committee
House of Lords Grand Committee
Subjects
Companies Ballots Administration Costs Business Corporation tax Elizabeth line Billing Greater London Information Greater London Authority Infrastructure Exemptions Leasehold Internet Local government Ownership Local government finance Ports Public consultation Rates and rating Property Business rates Partnerships Transport Small businesses Tax allowances Valuation Surcharges Tax collection Tenants Business improvement districts
Legislation
Business Rate Supplements Bill 2008-09
Non-domestic Rating (Alteration of Lists and Appeals) (England) Regulations 2005
Link
View this Proceeding contribution on www.publications.parliament.uk