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Finance Bill Debates

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 on Thursday 15 May the Committee began by agreeing Clauses 10 (rates of tobacco products duty) 11 (rates and rebates) and 12 (biodiesel and bioblend) together with Schedule 5 (biodiesel and bioblend). Clause 13 (rates and rebates) gave rise to a debate on oil prices but was eventually agreed. The Committee then turned to Clause 14 (fuel for aircraft and boats etc.) and Schedule 6 (aircraft and boat fuel). The Exchequer Secretary commented:
 
'Clause 14 introduces changes in response to the loss of the UK's...

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