Caroline Nokes

With this it will be convenient to discuss the following: New clause 2—Energy (oil and gas) profits levy: impact assessment of increase in rate— “(1) The Chancellor of the Exchequer must, within six months of this Act coming into force, commission and publish an assessment of the expected impact of Sections 15 to 17 of this Act on— (a) domestic energy production and investment; (b) the UK’s energy security; (c) energy prices, and; (d) the UK economy. (2) The assessment must examine the impact of provisions in this Act in comparison with what could have been expected had the energy (oil and gas) profits levy remained unchanged.” This new clause would require the Chancellor to commission and publish an assessment of the expected impact of changes to the energy (oil and gas) profits levy on domestic energy production, the UK’s energy security, energy prices and the UK economy. New clause 3—Review of impact of tax changes in this Act on households— “(1) The Chancellor of the Exchequer must, within six months of this Act being passed, publish an assessment of the impact of the changes in this Act on household finances. (2) The assessment in subsection (1) must consider how households at a range of different income levels are affected by these changes.” This new clause requires the Chancellor to publish an assessment of the changes in this Act on the finances of households at a range of different income levels New clause 4—Review of impact of Act on small and medium sized enterprises— “(1) The Chancellor of the Exchequer must, within six months of the passing of this Act, lay before Parliament a report setting out the impact of the measures contained within this Act on small and medium sized enterprises. (2) The report must include an assessment of the impact of the Act on the following matters— (a) the number of people employed across the UK by small and medium enterprises; (b) the number of small and medium sized enterprises ceasing to trade; and (c) the number of new small and medium sized enterprises established.” This new clause would require the Chancellor to conduct an impact assessment of the Act on small and medium enterprises. New clause 5—Review of the Impact of Tax Changes on Household Finances— “(1) The Chancellor of the Exchequer must, within six months of this Act being passed, publish an assessment of the impact of the tax changes introduced by this Act on household finances. (2) The assessment must evaluate how households across different income levels are affected by these changes.” This new clause requires the Chancellor to assess and publish a report on how the tax changes in this Act impact households at various income levels. New clause 6—Report on fiscal effects: relief for investment expenditure— “The Chancellor of the Exchequer must, within six months of the passing of this Act, lay before Parliament a report setting out the impact of the measures contained in clause 16 of this Act on tax revenue.” This new clause would require the Government to produce a report setting out the fiscal impact of the Bill’s changes to the Energy Profits Levy investment expenditure relief. New clause 7—Pupils with SEND without an Education Health and Care Plan: review of VAT provisions— “(1) The Chancellor of the Exchequer must, within six months of the passing of this Act and every six months thereafter, lay before Parliament a review of the impact of the measures contained in sections 47 to 49 of this Act on pupils with special educational needs and disabilities. (2) The review must consider in particular the impact of those measures on— (a) children with special needs who do not have an education health and care plan (EHCP); and (b) the number of children whose families have applied for an EHCP.” This new clause would require the Government to produce an impact assessment of the effect of the VAT provisions in the Act on pupils who have special educational needs but do not have an Education Health and Care Plan. New clause 8—Review of sections 63 and 64— “(1) The Chancellor of the Exchequer must, within six months of the passing of this Act and every six months thereafter, review the impact of the measures contained in sections 63 and 64 of this Act. (2) Each review must consider the impact of the measures on— (a) Scotch whisky distilleries, (b) small spirit distilleries, (c) wine producers and wholesalers, (d) the hospitality industry, and (e) those operating in the night-time economy. (3) Each review must include an estimate of administrative and operational costs for the preceding 12-month period for each of the sectors listed in subsection (2). (4) Each review must consider the impact of the measures on the retail price for consumers of products subject to alcohol duty. (5) Each review must also examine the expected effect of the measures on the domestic wine trade. (6) A report setting out the findings of each review must be published and laid before both Houses of Parliament.” This new clause would require the Government to produce an impact assessment of the measures on the Act on distilleries, wine producers and the hospitality industry. Government amendments 1 to 17. Amendment 67, page 53, line 30, leave out clause 47. This amendment removes Clause 47, which removes the VAT exemption for private school fees. Amendment 68, page 56, line 13, leave out clause 48. This amendment removes Clause 48, which introduces anti-forestalling provisions. Amendment 69, page 56, line 13, leave out clause 49. This amendment removes Clause 49, which sets out the commencement date. Government amendments 18 to 66.