Finance Act 2012
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
69 Exclusion of charge under s.35 of CTA 2009 etc
The charge to corporation tax under section 68 has effect instead of— (a) the charge to corporation tax on income under section 35 of CTA 2009 (charge to tax on trade profits), (b) any other charge to corporation tax on income under any other provision of the Corporation Tax Acts that would otherwise have applied, and (c) the charge to corporation tax on chargeable gains so far as referable, in accordance with Chapter 4, to the company's basic life assurance and general annuity business.
69 Exclusion of charge under s.35 of CTA 2009 etc
The charge to corporation tax under section 68 has effect instead of— (a) the charge to corporation tax on income under section 35 of CTA 2009 (charge to tax on trade profits), (b) any other charge to corporation tax on income under any other provision of the Corporation Tax Acts that would otherwise have applied, and (c) the charge to corporation tax on chargeable gains so far as referable, in accordance with Chapter 4, to the company's basic life assurance and general annuity business.
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.