Policy paper

Finance Bill 2021: Report stage

Explanatory Notes and Tax Information and Impact Notes (TIINs) for government amendments and new clauses at Report Stage of Finance Bill 2021.

• From: HM Treasury
• Published: 18 May 2021

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Amendment 2 to Clause 9: Super-deductions and other temporary first-year allowances

PDF, 110 KB, 2 pages

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New temporary tax reliefs on qualifying capital asset investments from 1 April 2021

PDF, 91.7 KB, 4 pages

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Amendment 3 to Clause 36 and Schedule 7: Hybrid and other mismatches

PDF, 99.4 KB, 1 page

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Amendments 4 to 6 to Clause 88 and Schedule 16: Increased rates for non-resident transactions

PDF, 109 KB, 1 page

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Amendments 7 to 21 to Clause 98 and Schedule 20: Restriction of use of rebated diesel and biofuels

PDF, 152 KB, 3 pages

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Amendment 22 to Clause 112 and Schedules 23 and 24: Penalties for failure to make returns etc

PDF, 104 KB, 1 page

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New Clause 17 and Schedule 1: VAT and distance selling: Northern Ireland

PDF, 201 KB, 7 pages

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Implementation of e-Commerce VAT changes in Northern Ireland

PDF, 190 KB, 7 pages

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New Clause 18: VAT and distance selling: power to make further provision

PDF, 124 KB, 2 pages

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New Clause 19: Continuing effect of principle preventing abuse of the VAT system

PDF, 96.9 KB, 1 page

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Value Added Tax: Continued application of the principle of abuse

PDF, 120 KB, 3 pages

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New Clause 20: VAT on supply of imported works of art etc

PDF, 110 KB, 1 page

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Value Added Tax: Amendment to the valuation rules for works of art, antiques and collectors’ items subject to the overseas goods measure

PDF, 146 KB, 3 pages

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Note on resolution

PDF, 90.4 KB, 1 page

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Details

The government tabled the following amendments for Report stage of Finance Bill 2021. These are accompanied by an Explanatory Note and Tax Information and Impact Note where applicable.

• Amendment 2 to Clause 9: Super-deductions and other temporary first-year allowances
• Amendment 3 to Clause 36 and Schedule 7: Hybrid and other mismatches
• Amendments 4 to 6 to Clause 88 and Schedule 16: Increased rates for non-resident transactions
• Amendments 7 to 21 to Clause 98 and Schedule 20: Restriction of use of rebated diesel and biofuels
• Amendment 22 to Clause 112 and Schedules 23 and 24: Penalties for failure to make returns etc
• New Clause 17 and Schedule 1: VAT and distance selling: Northern Ireland
• New Clause 18: VAT and distance selling: power to make further provision
• New Clause 19: Continuing effect of principle preventing abuse of the VAT system
• New Clause 20: VAT on supply of imported works of art etc

Published 18 May 2021