division_name: Budget Resolutions and Economic Situation
motion: <p pid=".814.1/1" pwmotiontext="yes">Question accordingly agreed to.</p>
  
  <p pid=".814.1/2" pwmotiontext="yes">19. Value added tax (gas and electricitysupplied by persons outside UK)</p>
  
  <p class="italic" pid=".814.1/3" pwmotiontext="yes">Resolved,</p>
  
  <p class="indent" pid=".814.1/4" pwmotiontext="yes">That provision may be made for the purposes of value added tax about gas and electricity supplied by persons outside the United Kingdom.</p>
  
  <p pid=".814.1/5" pwmotiontext="yes">20. Value added tax (private use of stockin trade cars by employees etc)</p>
  
  <p class="italic" pid=".814.1/6" pwmotiontext="yes">Resolved,</p>
  
  <p class="indent" pid=".814.1/7" pwmotiontext="yes">That provision may be made for the purposes of value added tax in relation to a supply which is a supply of services by virtue of paragraph 5(4) of Schedule 4 to the Value Added Tax Act 1994 where&#8212;</p>
  
  <p pid=".814.1/8" pwmotiontext="yes">(a) the goods in question consist of a motor car,</p>
  
  <p pid=".814.1/9" pwmotiontext="yes">(b) the person making the supply is a motor dealer or motor manufacturer,</p>
  
  <p pid=".814.1/10" pwmotiontext="yes">(c) the supply is for a consideration, and</p>
  
  <p pid=".814.1/11" pwmotiontext="yes">(d) the value of the supply for the purposes of value added tax is less than its open market value.</p>
  
  <p pid=".814.1/12" pwmotiontext="yes">21. Income tax (charge and rates for 2004&#8211;05)</p>
  
  <p class="italic" pid=".814.1/13" pwmotiontext="yes">Resolved,</p>
  
  <p class="indent" pid=".814.1/14" pwmotiontext="yes">That income tax shall be charged for the year 2004&#8211;05, and for that year&#8212;</p>
  
  <p class="indent" pid=".814.1/15" pwmotiontext="yes">(a) the starting rate shall be 10%;</p>
  
  <p class="indent" pid=".814.1/16" pwmotiontext="yes">(b) the basic rate shall be 22%;</p>
  
  <p class="indent" pid=".814.1/17" pwmotiontext="yes">(c) the higher rate shall be 40%.</p>
  
  <p class="indent" pid=".814.1/18" pwmotiontext="yes">And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.</p>
  
  <p pid=".814.1/19" pwmotiontext="yes">22. Income tax (personal allowances for those aged 65 or more)</p>
  
  <p class="italic" pid=".814.1/20" pwmotiontext="yes">Resolved,</p>
  
  <p class="indent" pid=".814.1/21" pwmotiontext="yes">That&#8212;</p>
  
  <p class="indent" pid=".814.1/22" pwmotiontext="yes">(1) For the year 2004&#8211;05&#8212;</p>
  
  <p class="indent" pid=".814.1/23" pwmotiontext="yes">(a) the amount specified in section 257(2) of the Income and Corporation Taxes Act 1988 shall be &#163;6,830; and</p>
  
  <p class="indent" pid=".814.1/24" pwmotiontext="yes">(b) the amount specified in section 257(3) of that Act shall be &#163;6,950.</p>
  
  <p class="indent" pid=".814.1/25" pwmotiontext="yes">(2) Accordingly, section 257C(1) of that Act, so far as it relates to the amounts so specified, shall not apply for that year.</p>
  
  <p class="indent" pid=".814.1/26" pwmotiontext="yes">And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.</p>
  
  <p pid=".814.1/27" pwmotiontext="yes">23. Corporation tax (charge and rate for 2005)</p>
  
  <p class="italic" pid=".814.1/28" pwmotiontext="yes">Motion made, and Question put,</p>
  
  <p class="indent" pid=".814.1/29" pwmotiontext="yes">That corporation tax shall be charged for the financial year 2005 at the rate of 30%.</p>
  
  <p pid=".814.1/30" pwmotiontext="yes"><i>The House divided:</i> Ayes 342, Noes 16.</p>