TAX RELIEF FOR LLOYD'S NAMES (EDM1033)

TAX RELIEF FOR LLOYD'S NAMES

EDM number 1033 in 1992-93, proposed by Peter Hain on 09/12/1992.

That this House, noting the public claim by the Chairman of Lloyd's of London, David Coleridge, that Lloyd's Names will receive in the 1993 Budget additional tax relief against losses comparable to that granted to companies under the Finance Act 1991, opposes such a change because, enjoying the status and the advantages of sole traders, Lloyd's Names are not equivalent to companies and that any attempt by the Government to grant them additional tax privileges will be seen, especially against the background of widespread insider dealing, financial mismanagement and fraud which has characterised the Lloyd's insurance market in recent years, as Government favouritism for an affluent section of the community whilst those on low incomes and benefits are consistently penalised and strictly regulated, while Lloyd's remains free from statutory regulation.

This motion has been signed by a total of 49 MPs.

MP	Date	Constituency	Type
Peter Hain	09/12/1992	Neath	Proposed
George Howarth	09/12/1992	Knowsley North	Seconded
Mike Gapes	09/12/1992	Ilford South	Seconded
Lynne Jones	09/12/1992	Birmingham, Selly Oak	Seconded
Angela Eagle	09/12/1992	Wallasey	Seconded
Hugh Bayley	09/12/1992	York, City of	Seconded
Helen Jackson	09/12/1992	Sheffield, Hillsborough	Signed
Ron Leighton	09/12/1992	Newham North East	Signed
Alun Michael	09/12/1992	Cardiff South & Penarth	Signed
Frank Cook	09/12/1992	Stockton North	Signed
John Denham	09/12/1992	Southampton, Itchen	Signed
David Winnick	09/12/1992	Walsall North	Signed
Ronnie Campbell	10/12/1992	Blyth Valley	Signed
Michael Clapham	10/12/1992	Barnsley West & Penistone	Signed
Eric Clarke	10/12/1992	Midlothian	Signed
Terry Davis	10/12/1992	Birmingham, Hodge Hill	Signed
Jim Dowd	10/12/1992	Lewisham West	Signed
Kenneth Eastham	10/12/1992	Manchester, Blackley	Signed
Derek Enright	10/12/1992	Hemsworth	Signed
Bill Etherington	10/12/1992	Sunderland North	Signed
Norman Godman	10/12/1992	Greenock and Port Glasgow	Signed
Dennis Turner	10/12/1992	Wolverhampton South East	Signed
James Wray	10/12/1992	Glasgow Provan	Signed
Elliot Morley	10/12/1992	Glanford and Scunthorpe	Signed
Bill Michie	10/12/1992	Sheffield, Heeley	Signed
Alan Meale	10/12/1992	Mansfield	Signed
Ken Livingstone	10/12/1992	Brent East	Signed
Glenda Jackson	10/12/1992	Hampstead & Highgate	Signed
Eric Illsley	10/12/1992	Barnsley Central	Signed
Kevin Hughes	10/12/1992	Doncaster North	Signed
John Heppell	10/12/1992	Nottingham East	Signed
Peter Hardy	10/12/1992	Wentworth	Signed
Dennis Skinner	10/12/1992	Bolsover	Signed
Bridget Prentice	10/12/1992	Lewisham East	Signed
Keith Bradley	10/12/1992	Manchester, Withington	Signed
Tony Banks	11/12/1992	Newham North West	Signed
Gordon Prentice	11/12/1992	Pendle	Signed
Lawrence Cunliffe	14/12/1992	Leigh	Signed
Harry Barnes	14/12/1992	North East Derbyshire	Signed
Audrey Wise	14/12/1992	Preston	Signed
Colin Pickthall	15/12/1992	West Lancashire	Signed
John Cummings	15/12/1992	Easington	Signed
Gerry Steinberg	15/12/1992	Durham, City of	Signed
Dawn Primarolo	16/12/1992	Bristol South	Signed
Alan Simpson	16/12/1992	Nottingham South	Signed
Roland Boyes	11/01/1993	Houghton and Washington	Signed
Roger Godsiff	11/01/1993	Birmingham Small Heath	Signed
Jack Thompson	13/01/1993	Wansbeck	Signed
Austin Mitchell	15/01/1993	Great Grimsby	Signed

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