Proceeding contribution from David Ward (Liberal Democrat) in the House of Commons on Monday, 12 July 2010. It occurred during Committee of the Whole House (HC) and Debate on bill on Finance Bill.
Finance Bill
There is a time lag, which is why the receipts are not shown for this year. There is also a bringing forward of benefit because, as opposed to the lock-in, there is an advance disposal of the assets which would not otherwise have taken place. Also, of course, there will be a release of income tax, rather than a waiting for a capital tax and putting off the delay that would come from the capital gain.
Secondary information
- Type
- Proceeding contribution
- Reference
- 513 c762
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Companies Capital gains tax Corporation tax Banks Investment Financial institutions Profits Tax rates and bands Revenue and Customs Small businesses Tax allowances Tax avoidance Taxation VAT Tax evasion Tax yields Bank levy
- Legislation
- Finance Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2026-05-06 09:18:51 +0100
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_654705
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