Alan Dolton, Editor of Tolley's Tax Cases, continues our summaries of the Public Bill Committee debates on the Finance Bill
Alan Dolton Editor of Tolley's Tax Cases continues our summaries of the Public Bill Committee debates on the Finance Bill
Resuming after lunch on Tuesday 20 May the Committee swiftly agreed Schedule 16 (non-residents: investment managers) and Clause 36 (dormant bank and building society accounts). The Economic Secretary (Kitty Ussher) explained Clause 37 (individual investment plan regulations):
'The clause will allow retrospective ISA regulations to be laid committing those individuals who withdrew cash from their Northern Rock ISA between 13 and 19 September 2007 to reinvest it in another ISA by 5 April 2008 and restoring the tax advantage that they would otherwise have lost. That is because in...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Alan Dolton, Editor of Tolley's Tax Cases, continues our summaries of the Public Bill Committee debates on the Finance Bill
Alan Dolton Editor of Tolley's Tax Cases continues our summaries of the Public Bill Committee debates on the Finance Bill
Resuming after lunch on Tuesday 20 May the Committee swiftly agreed Schedule 16 (non-residents: investment managers) and Clause 36 (dormant bank and building society accounts). The Economic Secretary (Kitty Ussher) explained Clause 37 (individual investment plan regulations):
'The clause will allow retrospective ISA regulations to be laid committing those individuals who withdrew cash from their Northern Rock ISA between 13 and 19 September 2007 to reinvest it in another ISA by 5 April 2008 and restoring the tax advantage that they would otherwise have lost. That is because in...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
