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

The clause provides for the Bill to be known as the Finance (No. 2) Act 2024 upon Royal Assent. I commend it to the Committee.

Question put and agreed to.

Clause 26 accordingly ordered to stand part of the Bill.

Question proposed, That the Chair do report the Bill to the House.

We have moved forward very quickly today. I thank everybody for their participation: you, Mrs Latham, all the officials in the House, the Clerks, and all those who have been working on the Bill at HMRC, HMT and other Government Departments. I repeat my thanks to the external stakeholders for their comments and to all those who have been involved in consultations. In particular, I thank the Chartered Institute of Taxation, the Institute of Chartered Accountants in England and Wales, and the Low Incomes Tax Reform Group for their contributions to this Committee, including in written form, and all those who have participated today.

I look forward to the Bill progressing smoothly through its final stages. I thank everybody involved.

I add my thanks to my colleagues in the Opposition: my fellow shadow Minister, my hon. Friend the Member for Hampstead and Kilburn; the Opposition Whip, my hon. Friend the Member for Gower; and, of course, the Back Benchers who have joined us for this lengthy Committee session. [Laughter.] I place on the record my thanks to all the House authorities and to third parties, particularly the Chartered Institute of Taxation, whose expertise is always greatly valued.

I, too, rise to pass on my thanks: to you, Mrs Latham, for chairing, and to all the staff and others who have been involved. Whether we agree or vehemently disagree—often, as we have seen today, there are big disagreements—we never forget those people who work hard to produce the documentation and supporting information in all the arms of Parliament, including the House of Commons Library. Thank you.

Question put and agreed to.

Bill accordingly to be reported, without amendment.

Committee rose.

F2B01 ICAEW Tax Policy Team - Transfers of assets abroad (clause 22)

F2B02 Chartered Institute of Taxation - Property tax (clauses 7-10)

F2B03 Chartered Institute of Taxation - Transfers of assets abroad (clause 22)

F2B04 Low Incomes Tax Reform Group - High income child benefit charge (clause 5)