Finance Act 2020
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
54 Duty to notify HMRC when threshold conditions are met
(1) This section applies— (a) in relation to the first accounting period of a group in respect of which the threshold conditions are met, and (b) where a direction under section 56 has been given in respect of a group, in relation to the first relevant accounting period in respect of which the threshold conditions are met. In paragraph (b) “relevant accounting period” means the accounting period specified in the direction or any subsequent accounting period. (2) The responsible member must provide specified information to HMRC. (3) The information must be provided in the specified way. (4) The information must be provided before the end of the period of 90 days from the end of the accounting period. (5) In subsections (2) and (3) “specified” means specified in a notice published by HMRC.
54 Duty to notify HMRC when threshold conditions are met
(1) This section applies— (a) in relation to the first accounting period of a group in respect of which the threshold conditions are met, and (b) where a direction under section 56 has been given in respect of a group, in relation to the first relevant accounting period in respect of which the threshold conditions are met. In paragraph (b) “relevant accounting period” means the accounting period specified in the direction or any subsequent accounting period. (2) The responsible member must provide specified information to HMRC. (3) The information must be provided in the specified way. (4) The information must be provided before the end of the period of 90 days from the end of the accounting period. (5) In subsections (2) and (3) “specified” means specified in a notice published by HMRC.
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.