Finance Act 1994
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
51A Premiums liable to tax at the higher rate.
(1) A premium received under a taxable insurance contract by an insurer is liable to tax at the higher rate if it falls within one or more of the paragraphs of Part II of Schedule 6A to this Act. (2) Part I of Schedule 6A to this Act shall have effect with respect to the interpretation of that Schedule. (3) Provision may be made by order amending Schedule 6A as it has effect for the time being. (4) This section is subject to section 69 below.
51A Premiums liable to tax at the higher rate.
(1) A premium received under a taxable insurance contract by an insurer is liable to tax at the higher rate if it falls within one or more of the paragraphs of Part II of Schedule 6A to this Act. (2) Part I of Schedule 6A to this Act shall have effect with respect to the interpretation of that Schedule. (3) Provision may be made by order amending Schedule 6A as it has effect for the time being. (4) This section is subject to section 69 below.
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.