Propose a change

Income and Corporation Taxes Act 1988

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

What to do with it
As published

367A Alternative finance arrangements

(1) Sections 353 and 365 have effect as if— (a) purchase and resale arrangements involved the making of a loan, and (b) alternative finance return were interest. (2) Section 366 has effect accordingly. (3) In this section— “alternative finance return” has the meaning given in sections 564I to 564L of ITA 2007, and “purchase and resale arrangements” means arrangements to which section 564C of ITA 2007 applies.

Your change, as a redline

367A Alternative finance arrangements

(1) Sections 353 and 365 have effect as if— (a) purchase and resale arrangements involved the making of a loan, and (b) alternative finance return were interest. (2) Section 366 has effect accordingly. (3) In this section— “alternative finance return” has the meaning given in sections 564I to 564L of ITA 2007, and “purchase and resale arrangements” means arrangements to which section 564C of ITA 2007 applies.

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.

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Think 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.

Questions to start with
Think it through
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