Economic Affairs - Second Report
Here you can browse the report together with the Proceedings of the Committee. The published report was ordered by the House of Lords to be printed 3 June 2008.
CONTENTS
Terms of Reference
Abstract
Chapter 1: Introduction
Chapter 2: General Issues
The Consultation on Capital Gains Tax and
Residence and Domicile
Further Aspects of the Consultation on Capital
Gains Tax
Further Aspects of the Consultation on Residence
and Domicile
How should the Consultation Process be carried
out?
HMT and HMRC Working Together
International Competitiveness
Capital Gains Tax
Residence and Domicile
Encouraging Enterprise
Chapter 3: Capital Gains Tax and Entrepreneurs'
Relief
Sustainability
Forestalling
Indexation
Simplification
Forecasts and the context for simplification
Avoidance
Entrepreneurs' Relief
Serial entrepreneurs and the lifetime limit
Chapter 4: Residence and Domicile
General Handling
Compliance Issues
High Net Worth Individuals
Middle Income Executives
Those of Modest Means
Detailed Issues
A Statutory Definition of UK Residence
Addressing Defects and Anomalies
Chapter 5: Encouraging Enterprise
The Need for an Increase in the Limit for
the Enterprise Investment Scheme
The Effectiveness of the Reliefs
The Targeting and Complexity of the Venture
Capital Reliefs
The Study by the Institute of Employment
Studies, University of Sussex
Continuing/Further Studies
Chapter 6: Conclusions and Recommendations
Capital Gains Tax and Entrepreneurs' Relief
Residence and Domicile
Encouraging Enterprise
Appendix 1: The Finance Bill Sub-Committee
Appendix 2: List of Witnesses
NOTE: References in the text of the report are as
follows:
(Q) refers to a question in oral evidence
(p) refers to a page of written evidence
The Report of the Committee is published in Volume
I (HL Paper 117-I) and the Evidence is published in Volume II
(HL Paper 117-II)
23 April 2008
28 April 2008
1 May 2008
7 May 2008
12 May 2008
14 May 2008
19 May 2008
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