Income Shifting

EDM number 714 in 2007-08, proposed by Robert Smith on 16/01/2008.
Categorised under the topic of Taxation.

That this House notes with concern the proposals for a new tax on income shifting; is aware of the disquiet expressed at the proposals by small businesses, the self-employed, freelancers, accountants and other affected parties; is concerned that the new tax will make it impossible for jointly-owned businesses to self-assess their tax liability with any certainty; observes that ever since the introduction of the independent taxation of spouses, it has been standard practice for married couples to own businesses jointly, that this was recommended by the Government for many years and that people who followed this advice now face being penalised; is concerned that the proposals are in direct conflict with the Government's stated aim of encouraging enterprise and small businesses; observes that the new proposals will be inconsistent with divorce law and capital gains tax, so that spouses will be entitled to an equal share of the value of a business when they divorce, or of the proceeds from it when sold, but not of the profits while it is operational; and urges the Government to reconsider its proposals ahead of the Budget.

This motion has been signed by a total of 187 MPs, 1 of these signatures have been withdrawn.

MP	Date	Constituency	Party	Type
Robert Smith	16/01/2008	Aberdeenshire West & Kincardine	Liberal Democrat	Proposed
John Thurso	16/01/2008	Caithness, Sutherland & Easter Ross	Liberal Democrat	Seconded
Bob Spink	17/01/2008	Castle Point	Conservative	Seconded
Andrew George	17/01/2008	St Ives	Liberal Democrat	Seconded
John Hemming	17/01/2008	Birmingham, Yardley	Liberal Democrat	Seconded
Peter Bottomley	17/01/2008	Worthing West	Conservative	Seconded
Derek Conway	17/01/2008	Old Bexley & Sidcup	Conservative	Signed
Mike Hancock	17/01/2008	Portsmouth South	Liberal Democrat	Signed
Daniel Rogerson	21/01/2008	North Cornwall	Liberal Democrat	Signed
John Leech	21/01/2008	Manchester, Withington	Liberal Democrat	Signed
Simon Hughes	21/01/2008	North Southwark & Bermondsey	Liberal Democrat	Signed
Adrian Sanders	21/01/2008	Torbay	Liberal Democrat	Signed
David Taylor	22/01/2008	North West Leicestershire	Labour	Signed
Robert Walter	22/01/2008	North Dorset	Conservative	Signed
Paul Rowen	22/01/2008	Rochdale	Liberal Democrat	Signed
Alan Beith	23/01/2008	Berwick-upon-Tweed	Liberal Democrat	Signed
Roger Williams	23/01/2008	Brecon & Radnorshire	Liberal Democrat	Signed
Stephen Williams	23/01/2008	Bristol West	Liberal Democrat	Signed
Jennifer Willott	23/01/2008	Cardiff Central	Liberal Democrat	Signed
Janet Anderson	23/01/2008	Rossendale & Darwen	Labour	Signed
Don Foster	23/01/2008	Bath	Liberal Democrat	Signed
Menzies Campbell	23/01/2008	Fife North East	Liberal Democrat	Signed
Colin Breed	23/01/2008	South East Cornwall	Liberal Democrat	Signed
Andrew MacKay	23/01/2008	Bracknell	Conservative	Signed
Charles Kennedy	23/01/2008	Ross, Skye & Lochaber	Liberal Democrat	Signed
Alan Simpson	23/01/2008	Nottingham South	Labour	Signed
Lorely Burt	24/01/2008	Solihull	Liberal Democrat	Signed
Jeremy Browne	24/01/2008	Taunton	Liberal Democrat	Signed
Mark Oaten	24/01/2008	Winchester	Liberal Democrat	Signed
Frank Field	25/01/2008	Birkenhead	Labour	Signed
Alistair Carmichael	25/01/2008	Orkney & Shetland	Liberal Democrat	Signed
Vincent Cable	25/01/2008	Twickenham	Liberal Democrat	Signed
Nicholas Soames	25/01/2008	Mid Sussex	Conservative	Signed
Paul Burstow	28/01/2008	Sutton & Cheam	Liberal Democrat	Signed
Malcolm Bruce	29/01/2008	Gordon	Liberal Democrat	Signed
Susan Kramer	30/01/2008	Richmond Park	Liberal Democrat	Signed
Rudi Vis	30/01/2008	Finchley & Golders Green	Labour	Signed
Tim Boswell	30/01/2008	Daventry	Conservative	Signed
Tom Brake	30/01/2008	Carshalton & Wallington	Liberal Democrat	Signed
David Heath	31/01/2008	Somerton & Frome	Liberal Democrat	Signed
Robert Key	31/01/2008	Salisbury	Conservative	Signed
Sarah Teather	31/01/2008	Brent East	Liberal Democrat	Signed
Michael Gove	04/02/2008	Surrey Heath	Conservative	Signed
Philip Davies	04/02/2008	Shipley	Conservative	Signed
Steve Webb	04/02/2008	Northavon	Liberal Democrat	Signed
Jim Cunningham	04/02/2008	Coventry South	Labour	Signed
Paul Keetch	04/02/2008	Hereford	Liberal Democrat	Signed
Willie Rennie	05/02/2008	Dunfermline & Fife West	Liberal Democrat	Signed
Mark Hunter	05/02/2008	Cheadle	Liberal Democrat	Signed
David Howarth	05/02/2008	Cambridge	Liberal Democrat	Signed
Mark Harper	05/02/2008	Forest of Dean	Conservative	Signed
Nicholas Winterton	05/02/2008	Macclesfield	Conservative	Signed
Philip Hammond	05/02/2008	Runnymede & Weybridge	Conservative	Signed
Paul Goodman	05/02/2008	Wycombe	Conservative	Signed
Alistair Burt	05/02/2008	North East Bedfordshire	Conservative	Signed
Christopher Huhne	05/02/2008	Eastleigh	Liberal Democrat	Signed
Edward Vaizey	06/02/2008	Wantage	Conservative	Signed
Martin Horwood	07/02/2008	Cheltenham	Liberal Democrat	Signed
Michael Mates	07/02/2008	East Hampshire	Conservative	Signed
John Pugh	07/02/2008	Southport	Liberal Democrat	Signed
Cheryl Gillan	18/02/2008	Chesham & Amersham	Conservative	Signed
James Gray	18/02/2008	North Wiltshire	Conservative	Signed
Gary Streeter	18/02/2008	South West Devon	Conservative	Signed
Hugo Swire	18/02/2008	East Devon	Conservative	Signed
Hywel Williams	18/02/2008	Caernarfon	Plaid Cymru	Signed
Richard Benyon	18/02/2008	Newbury	Conservative	Signed
Douglas Carswell	18/02/2008	Harwich	Conservative	Signed
Philip Dunne	18/02/2008	Ludlow	Conservative	Signed
David Gauke	18/02/2008	South West Hertfordshire	Conservative	Signed
Stephen Hammond	18/02/2008	Wimbledon	Conservative	Signed
Jeremy Hunt	18/02/2008	South West Surrey	Conservative	Signed
Grant Shapps	18/02/2008	Welwyn Hatfield	Conservative	Signed
Michael Fabricant	18/02/2008	Lichfield	Conservative	Signed
David Davies	18/02/2008	Monmouth	Conservative	Signed
Simon Burns	18/02/2008	West Chelmsford	Conservative	Signed
Alex Salmond	18/02/2008	Banff & Buchan	Scottish National Party	Signed
Oliver Heald	18/02/2008	North East Hertfordshire	Conservative	Signed
Lindsay Hoyle	18/02/2008	Chorley	Labour	Signed
Bob Laxton	18/02/2008	Derby North	Labour	Signed
Tim Loughton	18/02/2008	East Worthing & Shoreham	Conservative	Signed
Theresa May	18/02/2008	Maidenhead	Conservative	Signed
Andrew Mitchell	18/02/2008	Sutton Coldfield	Conservative	Signed
Annette Brooke	18/02/2008	Mid Dorset & North Poole	Liberal Democrat	Signed
Graham Brady	18/02/2008	Altrincham & Sale West	Conservative	Signed
Richard Ottaway	18/02/2008	Croydon South	Conservative	Signed
Andrew Murrison	18/02/2008	Westbury	Conservative	Signed
Michael Moore	18/02/2008	Berwickshire, Roxburgh & Selkirk	Liberal Democrat	Signed
Robert Syms	19/02/2008	Poole	Conservative	Signed
Ben Wallace	19/02/2008	Lancaster & Wyre	Conservative	Signed
Ann Winterton	19/02/2008	Congleton	Conservative	Signed
Danny Alexander	19/02/2008	Inverness, Nairn, Badenoch & Strathspey	Liberal Democrat	Signed
Nadine Dorries	19/02/2008	Mid Bedfordshire	Conservative	Signed
Daniel Kawczynski	19/02/2008	Shrewsbury & Atcham	Conservative	Signed
Stewart Hosie	19/02/2008	Dundee East	Scottish National Party	Signed
Charles Walker	19/02/2008	Broxbourne	Conservative	Signed
Linda Riordan	19/02/2008	Halifax	Labour	Signed
Crispin Blunt	19/02/2008	Reigate	Conservative	Signed
John Bercow	19/02/2008	Buckingham	Conservative	Signed
John Redwood	19/02/2008	Wokingham	Conservative	Signed
Angus Robertson	19/02/2008	Moray	Scottish National Party	Signed
John Horam	19/02/2008	Orpington	Conservative	Signed
Jacqui Lait	19/02/2008	Beckenham	Conservative	Signed
David Laws	19/02/2008	Yeovil	Liberal Democrat	Signed
John Maples	19/02/2008	Stratford-on-Avon	Conservative	Signed
Ann Cryer	19/02/2008	Keighley	Labour	Signed
Michael Fallon	19/02/2008	Sevenoaks	Conservative	Signed
Norman Baker	19/02/2008	Lewes	Liberal Democrat	Signed
Michael Ancram	20/02/2008	Devizes	Conservative	Signed
Nigel Waterson	20/02/2008	Eastbourne	Conservative	Signed
Tim Farron	20/02/2008	Westmorland & Lonsdale	Liberal Democrat	Signed
David Jones	20/02/2008	Clwyd West	Conservative	Signed
Jo Swinson	20/02/2008	East Dunbartonshire	Liberal Democrat	Signed
David Mundell	20/02/2008	Dumfriesshire, Clydesdale & Tweeddale	Conservative	Signed
Peter Luff	20/02/2008	Mid Worcestershire	Conservative	Signed
David Ruffley	20/02/2008	Bury St Edmunds	Conservative	Signed
Andrew Selous	20/02/2008	South West Bedfordshire	Conservative	Signed
Caroline Spelman	20/02/2008	Meriden	Conservative	Signed
Charles Hendry	20/02/2008	Wealden	Conservative	Signed
Kate Hoey	20/02/2008	Vauxhall	Labour	Signed
Anne Main	21/02/2008	St Albans	Conservative	Signed
James Arbuthnot	21/02/2008	North East Hampshire	Conservative	Signed
Peter Ainsworth	21/02/2008	East Surrey	Conservative	Signed
Paul Flynn	21/02/2008	Newport West	Labour	Signed
Julie Kirkbride	21/02/2008	Bromsgrove	Conservative	Signed
Glenda Jackson	21/02/2008	Hampstead & Highgate	Labour	Signed
Michael Howard	21/02/2008	Folkestone & Hythe	Conservative	Signed
Evan Harris	21/02/2008	Oxford West & Abingdon	Liberal Democrat	Signed
Laurence Robertson	21/02/2008	Tewkesbury	Conservative	Signed
Ian Stewart	22/02/2008	Eccles	Labour	Signed
David Borrow	22/02/2008	South Ribble	Labour	Signed
Janet Dean	22/02/2008	Burton	Labour	Signed
Martin Caton	22/02/2008	Gower	Labour	Signed
John Butterfill	22/02/2008	Bournemouth West	Conservative	Signed
Maria Miller	25/02/2008	Basingstoke	Conservative	Signed
Julia Goldsworthy	25/02/2008	Falmouth & Camborne	Liberal Democrat	Signed
David Burrowes	25/02/2008	Enfield, Southgate	Conservative	Signed
Pete Wishart	25/02/2008	Perth & Perthshire North	Scottish National Party	Signed
John Whittingdale	25/02/2008	Maldon & East Chelmsford	Conservative	Signed
Stephen O'Brien	25/02/2008	Eddisbury	Conservative	Signed
Lynne Jones	25/02/2008	Birmingham, Selly Oak	Labour	Signed
Mark Prisk	25/02/2008	Hertford & Stortford	Conservative	Signed
Mark Lancaster	26/02/2008	North East Milton Keynes	Conservative	Signed
Adam Holloway	26/02/2008	Gravesham	Conservative	Signed
Mark Francois	26/02/2008	Rayleigh	Conservative	Signed
Doug Naysmith	26/02/2008	Bristol North West	Labour	Signed
Paul Holmes	26/02/2008	Chesterfield	Liberal Democrat	Signed
Andrew Rosindell	26/02/2008	Romford	Conservative	Signed
Richard Younger-Ross	27/02/2008	Teignbridge	Liberal Democrat	Signed
Richard Bacon	27/02/2008	South Norfolk	Conservative	Signed
Edward Garnier	27/02/2008	Harborough	Conservative	Signed
Matthew Taylor	28/02/2008	Truro & St Austell	Liberal Democrat	Signed
Brian Binley	28/02/2008	Northampton South	Conservative	Signed
Peter Bone	28/02/2008	Wellingborough	Conservative	Signed
Nick Hurd	28/02/2008	Ruislip - Northwood	Conservative	Signed
Mark Durkan	29/02/2008	Foyle	Social Democratic and Labour Party	Signed
David Lidington	29/02/2008	Aylesbury	Conservative	Signed
Gerald Howarth	03/03/2008	Aldershot	Conservative	Signed
James Clappison	03/03/2008	Hertsmere	Conservative	Signed
Eleanor Laing	04/03/2008	Epping Forest	Conservative	Signed
John Baron	04/03/2008	Billericay	Conservative	Signed
Stephen Crabb	04/03/2008	Preseli Pembrokeshire	Conservative	Signed
Ann Widdecombe	05/03/2008	Maidstone & The Weald	Conservative	Signed
Greg Clark	05/03/2008	Tunbridge Wells	Conservative	Signed
Jeremy Wright	06/03/2008	Rugby & Kenilworth	Conservative	Signed
Stephen Dorrell	06/03/2008	Charnwood	Conservative	Signed
Edward Davey	06/03/2008	Kingston & Surbiton	Liberal Democrat	Signed
Andrew Lansley	07/03/2008	South Cambridgeshire	Conservative	Signed
Fabian Hamilton	10/03/2008	Leeds North East	Labour	Signed
Justine Greening	10/03/2008	Putney	Conservative	Signed
Greg Mulholland	11/03/2008	Leeds North West	Liberal Democrat	Signed
Angela Watkinson	11/03/2008	Upminster	Conservative	Signed
Chris McCafferty	12/03/2008	Calder Valley	Labour	Signed
Lynne Featherstone	12/03/2008	Hornsey & Wood Green	Liberal Democrat	Signed
Adrian Bailey	18/03/2008	West Bromwich West	Labour	Signed
Hugh Bayley	26/03/2008	York, City of	Labour	Signed
Alan Duncan	27/03/2008	Rutland & Melton	Conservative	Signed
Geraldine Smith	27/03/2008	Morecambe & Lunesdale	Labour	Signed
Nick Herbert	31/03/2008	Arundel & South Downs	Conservative	Signed
Patrick Mercer	01/04/2008	Newark	Conservative	Signed
Oliver Letwin	21/04/2008	West Dorset	Conservative	Signed
Sammy Wilson	21/04/2008	East Antrim	DUP	Signed
David Willetts	22/04/2008	Havant	Conservative	Signed
Julie Morgan	22/04/2008	Cardiff North	Labour	Signed
Lembit	02/06/2008	Montgomeryshire	Liberal Democrat	Signed
Gregory Barker	06/10/2008	Bexhill & Battle	Conservative	Signed
Eddie McGrady	16/10/2008	South Down	Social Democratic and Labour Party	Signed
David Davis	Unknown			Withdrawn

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