Alan Dolton, Editor of Tolley's Tax Cases, describes the House of Commons Report Stage and Third Reading debates on the Finance Bill
Alan Dolton Editor of Tolley's Tax Cases describes the House of Commons Report Stage and Third Reading debates on the Finance Bill
The House of Commons began considering the Finance Bill as amended in Standing Committee on Tuesday 4 July. Conservative spokeswoman Theresa Villiers (Chipping Barnet) proposed a new clause to provide that Schedule 20 (IHT: trusts) 'shall not operate so as to discourage impede or prevent' the use of trusts 'arising from relationship breakdown' and trusts for the disabled. After debate Mrs Villiers' proposed clause was defeated by 277 votes to 223.
Mrs Villiers also proposed an amendment to modify the treatment of trusts...
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Alan Dolton, Editor of Tolley's Tax Cases, describes the House of Commons Report Stage and Third Reading debates on the Finance Bill
Alan Dolton Editor of Tolley's Tax Cases describes the House of Commons Report Stage and Third Reading debates on the Finance Bill
The House of Commons began considering the Finance Bill as amended in Standing Committee on Tuesday 4 July. Conservative spokeswoman Theresa Villiers (Chipping Barnet) proposed a new clause to provide that Schedule 20 (IHT: trusts) 'shall not operate so as to discourage impede or prevent' the use of trusts 'arising from relationship breakdown' and trusts for the disabled. After debate Mrs Villiers' proposed clause was defeated by 277 votes to 223.
Mrs Villiers also proposed an amendment to modify the treatment of trusts...
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:
