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Finance Bill Debates

Alan Dolton, Editor of Tolley's Tax Cases, concludes our series of articles by summarising the House of Lords debate

 
Alan Dolton Editor of Tolley's Tax Cases concludes our series of articles by summarising the House of Lords debate
 
The House of Lords discussed the Finance Bill on Friday 18 July. Lord Davies of Oldham proposed the Second Reading of the Bill. He summarised its contents and also stated:
 
'The House will be aware that Clause 15 makes provision for the 2 pence per litre increase in fuel duty which was expected to take place on 1 October 2008. However in response to the sharp rises in world commodity prices and with the price of oil almost doubling over the past year to reach a real-terms record high...

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