§ Mr. Bodyasked the Chancellor of the Exchequer whether he will specify the tax provisions and allowances that apply only to agriculture and horticulture.
§ Mr. Robert SheldonThe following is a list of the statutory provisions which relate specifically to the taxation of agriculture and horticulture:
Income Tax on Trading Profits
- Capital Allowances Act 1968; Sections 68 and 69. Income and Corporation Taxes Act 1970;
817 - Sections 79, 110, 129 and Schedule 6, Section 180, 361 and 526(5).
Capital Gains Tax
- Finance Act 1967; Section 37.
- Finance (No. 2) Ac 1975; Section 55.
Capital Transfer Tax
- Finance Act 1975; Section 35 and Schedule 8,
- Schedule 10 paragraph 12.
Development Land Tax
- Development Land Tax Act 1976; Schedule 4 paragraph 5(1)(c).
Beer Duty
- Section 125(3) of the Customs and Excise Act 1952, as amended by Section 6(1) of the Finance Act 1963.
Cider and Perry Duty
- Statutory Instrument: 1976 No. 1206, known as the Cider and Perry (Exemption from Registration) Order, made under Section 2(3) of the Finance Act 1976.
- Regulation 21 of the Statutory Instrument 1976 No. 1207, known as the Cider and Perry Regulations, made under Section 2 of the Finance Act 1976.
Duty on Wine produced from grapes grown in the UK
- Regulation 20 of Statutory Instrument 1975 No. 1790, known as the Wine and Made-wine Regulations, made under Schedule 3 to the Finance (No. 2) Act 1975.
Hydrocarbon Oil Duty
- Sections 9 and 15 of the Hydrocarbon Oil (Customs and Excise) Act 1971.
Value Added Tax
- Group 1 of Schedule 4 to the Finance Act 1972.