Finance (No. 2) Act 2023
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
271 Election to make one member of a group liable for amounts charged
(1) Where multiple members of a group are chargeable to domestic top-up tax in an accounting period, the filing member of the group may elect that only one member of the group specified in the election (the “elected member”) is to be liable to pay domestic top-up tax in that period. (2) Where an election under this section is made— (a) no member of the group other than the elected member is required to pay any amount by way of domestic top-up tax, and (b) the elected member must pay any amount by way of domestic top-up tax any other member of the group would have been required to pay if the election had not been made. (3) Subsection (2) does not apply if the elected member has not consented to the election. (4) Paragraph 2 of Schedule 15 (annual elections) applies to an election under this section, and has effect for that purpose as if references to an information return or overseas return notification were to a self-assessment return or below-threshold notification.
271 Election to make one member of a group liable for amounts charged
(1) Where multiple members of a group are chargeable to domestic top-up tax in an accounting period, the filing member of the group may elect that only one member of the group specified in the election (the “elected member”) is to be liable to pay domestic top-up tax in that period. (2) Where an election under this section is made— (a) no member of the group other than the elected member is required to pay any amount by way of domestic top-up tax, and (b) the elected member must pay any amount by way of domestic top-up tax any other member of the group would have been required to pay if the election had not been made. (3) Subsection (2) does not apply if the elected member has not consented to the election. (4) Paragraph 2 of Schedule 15 (annual elections) applies to an election under this section, and has effect for that purpose as if references to an information return or overseas return notification were to a self-assessment return or below-threshold notification.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.