Clause 27 - Corporation tax starting rate and fraction for financial year 2004

Finance Bill – in a Public Bill Committee am 5:00 pm ar 23 Mehefin 2005.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Question proposed, That the clause stand part of the Bill.

Photo of Philip Hammond Philip Hammond Shadow Chief Secretary to the Treasury

Let us see whether we do any better on this clause, Mr. Cook.

Will the Paymaster General clarify why income arising under subsection (2) is chargeable under case 6 of schedule D? Why is it not chargeable under case 3?

Photo of Dawn Primarolo Dawn Primarolo Paymaster General (HM Treasury)

Because case 6 is the relevant place if we are to make the legislation work.

Question put and agreed to.  

Clause 27 ordered to stand part of the Bill.