That (notwithstanding anything to the contrary in the practice of the House relating to the matters that may be included in Finance Bills) provision may be made amending section 139 of the Income Tax (Earnings and Pensions) Act 2003 to increase the appropriate percentages for cars with a CO2 emissions figure by no more than 1% in each of the tax years 2025-26, 2026-27 and 2027-28.
Finance: Money
King’s recommendation signified.
Resolved,
That, for the purposes of any Act of the present Session relating to finance, it is expedient to authorise the payment out of money provided by Parliament of sums incurred by the Commissioners for His Majesty’s Revenue and Customs which is attributable to the increase in the percentage in section 104M(3) of the Corporation Tax Act 2009 to 20%.
Ordered,
That a Bill be brought in upon the foregoing Resolutions;
That the Chairman of Ways and Means, the Prime Minister, the Chancellor of the Exchequer, John Glen, Victoria Atkins, Andrew Griffith and James Cartlidge bring in the Bill.
Finance Bill
Presentation and First Reading
Victoria Atkins accordingly presented a Bill to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.
Bill read the First time; to be read a Second time tomorrow, and to be printed (Bill 197) with explanatory notes (Bill 197—EN).