§ Considered in Committee.
§ [Major MILNER in the Chair]
§ Motion made, and Question proposed.
§ 1. TRACTORS, &C. (EXCISE LICENCES)
- (a) by increasing to two pounds the five shilling rate of duty applicable to vehicles falling within paragraphs (a) to (d) of subsection (2) of section four of that Act;
- (b) by repealing paragraph (e) of that subsection (vehicles chargeable on a scale beginning at twelve pounds) and extending paragraphs (a) and (f) to include vehicles which, but for the repeal, would fall within paragraph (e).—[Sir S. Cripps.]
§ Captain Crookshank (Gainsborough)
I understand that the right hon. and learned Gentleman is reserving his explanations until a later stage. That is, I suppose, because it was impossible to get these Resolutions ready, or perhaps the Government had not made up their mind, for them to be included on Budget day. Had they so been, they would not have been individually discussed until the Committee Stage of the Finance Bill, and, therefore, using that analogy on this occasion—and I repeat on this occasion— without prejudice for the future, we accept the position that they will be formally moved and discussed in their places in due course.
§ Question put, and agreed to.564
§ 2. HYDROCARBON OILS (CUSTOMS REBATE ON HEAVY OILS)
§ That, as from the beginning of nineteen hundred and fifty-one, section two of the Finance Act, 1935 (which withdraws the customs rebate on heavy oils used for road transport), shall apply to heavy oils used as fuel for tractors, agricultural tractors and agricultural engines not falling within paragraph (a) of subsection (2) of section four of the Vehicles (Excise) Act, 1949, as amended by any Act of the present Session relating to Finance.
§ 3. HYDROCARBON OILS (EXCISE REBATE ON HEAVY OILS)
§ That any Act of the present Session imposing an excise duty on hydrocarbon oils and applying section two of the Finance Act, 1935, in relation to any rebate of that duty, may apply it with any amendments made in it by the Act for the purposes of the customs rebate.
§ 4. INCOME TAX (DOUBLE TAXATION PROVISIONS)
§ That any provisions of any Act of the present Session relating to Finance which amend the law as to the effect for tax purposes of taxation payable under the laws of territories outside the United Kingdom may abolish the relief from income tax given by section twenty-seven of the Finance Act, 1920, and apply, with modifications, Part V of the Finance (No. 2) Act, 1945, and the Ninth Schedule to the Finance Act, 1947, to tax payable under the laws of any such territory notwithstanding that there are no arrangements in force under the said Part V with the Government of that territory providing for the granting of credit in respect of that tax against United Kingdom taxes.
§ 5. PROFITS TAX (DOUBLE TAXATION PROVISIONS)
§ That any Act of the present Session relating to Finance may vary the extent and incidence of the profits tax for any chargeable accounting period falling wholly or partly after the end of March, nineteen hundred and fifty, so as to give effect to provisions amending the law as to the effect for tax purposes of taxation payable under the laws of territories outside the United Kingdom.—[Sir S. Cripps.]
§ Resolutions to be reported Tomorrow.
§ Committee to sit again Tomorrow.