HC Deb 02 April 2003 vol 402 c719W
Matthew Taylor

To ask the Chancellor of the Exchequer whether his Department has undertaken regulatory impact assessments on(a) changes to stamp duty levels, (b) capital gains tax taper relief, (c) changes to charities taxation in the Finance Act 2000 and (d) changes to the VAT regime for energy saving goods in the Finance Act 2000; and if he will make a statement. [105211]

Dawn Primarolo

A regulatory impact assessment (RIA) has been required since August 1998 where proposals for legislative changes may have more than a negligible impact on the compliance costs of business, charities or voluntary bodies.

  1. (a) No RIA has been made of the changes to stamp duty levels since 1998 as an increase in rates has a negligible impact on compliance costs.
  2. (b) Changes to capital gains tax taper relief made after August 1998 were expected to have a negligible regulatory impact so no RIA has been made.
  3. (c) A RIA on the FA 2000 charity changes was published on 21 March 2000 and a copy was placed in the House of Commons Library.
  4. (d) A RIA was carried out on the changes made to the VAT regime for energy-saving goods in the Finance Act 2000. This is available in the House of Commons Library (RIA: 00/109).