Finance Act 1998
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
141 Abolition of certain other CGT reliefs.
(1) The following provisions of the Taxation of Chargeable Gains Act 1992 shall cease to have effect, namely— (a) Chapter IA of Part V (roll-over relief on re-investment); and (b) sections 254 and 255 (relief for debts on qualifying corporate bonds). (2) In subsection (1) above— (a) paragraph (a) has effect in relation to acquisitions made on or after 6th April 1998; and (b) paragraph (b) has effect in relation to loans made on or after 17th March 1998.
141 Abolition of certain other CGT reliefs.
(1) The following provisions of the Taxation of Chargeable Gains Act 1992 shall cease to have effect, namely— (a) Chapter IA of Part V (roll-over relief on re-investment); and (b) sections 254 and 255 (relief for debts on qualifying corporate bonds). (2) In subsection (1) above— (a) paragraph (a) has effect in relation to acquisitions made on or after 6th April 1998; and (b) paragraph (b) has effect in relation to loans made on or after 17th March 1998.
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.