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Issue:
4892
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Categories:
Comment & Analysis
, Low Incomes Tax Reform Group
, Office of Tax Simplification
, VATA 1994
, VAT
Fiddling little thing
Key points
- The government will not make money from the deposit scheme.
- A consensus that sugar taxes have caused a decline in sugary drinks sales.
- Clause 332 outlaws the assignment of repayments to ensure taxpayers have ‘better control’.
- The closure of the Office of Tax Simplification did not mean that simplifying tax was not a priority for the government.
The public bill committee convened for the third sitting with a brief discussion of clause 313 ‘transactions funded with the assistance of a public subsidy’. Financial secretary to the Treasury Victoria Atkins said this would amend the stamp duty land tax rules to ensure that registered social landlords were exempt from the duty when buying property for those fleeing conflict such as from Ukraine and Afghanistan using funding allocated under Local Government Act 2003 s 31.
Angela Eagle (Lab) asked whether the scheme was available to other homeless...
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