HC Deb 09 April 1984 vol 58 cc88-9W
Mr. Rooker

asked the Chancellor of the Exchequer if he will list the extra-statutory concessions made since the latest publication of pamphlet IR.1.

Mr. Moore

[pursuant to his reply, 6 April 1984, c. 695]: Eighteen extra-statutory concessions have been made since the last booklet IR.1 (1980) was published. Most of these have been published in the annual supplements to booklet IR.1 as follows:

IR.1 (Supplement) (1981)

  • A41 Retirement annuity relief — death and disability benefits
  • B23 The construction industry tax deduction scheme: exclusion of certain small payments
  • B24 Postponement of capital allowances to secure double taxation relief

IR.1 (Supplement) (1982)

  • A42 Mobility allowance
  • B25 Schedule D, Case V losses
  • D13 Retirement relief: sale of assets in anticipation of liquidation
  • D14 Retirement relief: sale of assets following cessation of trading

IR.1 (Supplement) (1983)

  • A43 Exemption for Hong Kong officials. Extension of Section 372 Income and Corporation Taxes Act 1970 relief
  • A44 Adoption allowances payable under Section 32 of Children Act 1975
  • B26 Capital allowances: assets leased outside the United Kingdom: transitional provisions, syndicated leases
  • C13 Demergers: paragraph 5(2) Schedule 18, Finance Act 1980
  • D15 Relief on replacement of business assets: unincorporated associations
  • D16 Relief on replacement of business assets: repurchase of the same asset
  • I1 Gas and oil allowance
  • I2 direct exports from tanker loading fields

The three remaining concessions relate to small easily identifiable groups who know about them or to whom they are made known.

Since publication of the pamphlet IR.1 (1980) seven concessions and part of an eighth have been deleted either because they have lapsed or become obsolete or have been overtaken by legislation as follows:

  • A5.b Expenses allowances and benefits in kind: cost of essential medical treatment abroad. (Paragraph b only was superseded by legislation contained in Section 72(1) finance Act 1981).
  • A29 Employment Protection Act 1975: maternity pay (superseded by legislation contained in Section 31 Finance Act 1982).
  • A32 Life assurance premium relief by deduction—juvenile policies (lapsed due to Section 35(2) Finance Act 1982).
  • A36 Trader ceasing to be resident (made statutory by paragraph 4(3), Schedule 9, Finance Act 1981).
  • C9 Transfer of business from individual or partnership to a company (made statutory by paragraph 20(3), Schedule 9 Finance Act 1981).
  • G4 Transfers of stock issued by Electricity Board of Northern Ireland or Northern Ireland Electricity Service (obsolete).
  • (A and B) U1 Pensions paid to Indian Service and Indian Civil Service pensioners (obsolete).
  • (A and B) U2 War pensions paid by the Federation of Rhodesia and Nyasaland (obsolete).

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