Finance Act 2000
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
SCHEDULE 18 Venture capital trusts: amendments
Section 65. Part I Reduction of applicable periods Relief from income tax 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deferred CGT charge on reinvestment 2 In Schedule 5C to the Taxation of Chargeable Gains Act 1992 (venture capital trusts: deferred charge on re-investment), in paragraph 3(2), in the definition of “the relevant period" for “five" substitute “ three ”. Commencement 3 The amendments made by this Part of this Schedule have effect in relation to shares issued on or after 6th April 2000.
SCHEDULE 18 Venture capital trusts: amendments
Section 65. Part I Reduction of applicable periods Relief from income tax 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deferred CGT charge on reinvestment 2 In Schedule 5C to the Taxation of Chargeable Gains Act 1992 (venture capital trusts: deferred charge on re-investment), in paragraph 3(2), in the definition of “the relevant period" for “five" substitute “ three ”. Commencement 3 The amendments made by this Part of this Schedule have effect in relation to shares issued on or after 6th April 2000.
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.