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The end of the Finance Bill committee debates can’t come soon enough
KEY POINTS
- ATED could easily become a mansion tax with a few statutory changes
- Amendments introduced at Report stage to IHT provisions
- Ministerial statement on being in the UK due to “exceptional circumstances”
- Situations in which government will apply tax legislation retrospectively
Right let’s get this finished. I’ve got better things I could be doing with my time than reporting the Finance Bill committee debates. Like replying to emails which unlike members of the committee I can’t do at the same time as (supposedly) concentrating on the debate.
Mansion tax
The 15th session started with a typical “publish an assessment” amendment by Labour allowing them to talk generally about the annual tax on enveloped dwellings (ATED).
Apart from a bit of sniping at the Liberal Democrats and at...
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