With this it will be convenient to discuss the following:
New clause 7—Equality impact analyses of provisions of this Act (No. 2)—
‘(1) The Office for Budget Responsibility must review the equality impact of the provisions of this Act in accordance with this section within six months of the passing of this Act.
(2) A review under this section must consider—
(a) the impact of those provisions on households at different levels of income,
(b) the impact of those provisions on people with protected characteristics (within the meaning of the Equality Act 2010),
(c) the impact of those provisions on the Treasury’s compliance with the public sector equality duty under section 149 of the Equality Act 2010, and
(d) the impact of those provisions on equality in different parts of the United Kingdom and different regions of England.
(3) A review under this section must give a separate analysis in relation to the following matters—
(a) income tax (in sections 1 and 3 to 6),
(b) employment (in sections 7 to 10),
(c) disguised remuneration (in sections 11 and 12 and Schedules 1 and 2),
(d) pension schemes (in section 13 and Schedule 3),
(e) investments (in sections 14 to 17 and Schedules 4 to 5),
(f) corporation tax and other aspects of business taxation (in sections 2, 19 to 32, 36 and 37 and Schedules 7 and 8),
(g) the bank levy (in section 33 and Schedule 9),
(h) settlements (in section 35 and Schedule 10),
(i) stamp duty land tax (in sections 40 and 41 and Schedule 11),
(j) air passenger duty (in section 43),
(k) vehicle excise duty (in section 44), and
(l) tobacco products duty (in section 45).
(4) In this section—
“parts of the United Kingdom” means—
(a) England,
(b) Scotland,
(c) Wales, and
(d) Northern Ireland;
“regions of England” has the same meaning as that used by the Office for National Statistics.
(5) The Chancellor of the Exchequer must lay before the House of Commons the report of the review under this section as soon as practicable after its completion.” .
This new clause requires the Office for Budget Responsibility to carry out a review of the effects of the provisions of the Bill on equality in relation to households with different levels of income, people with protected characteristics, the Treasury’s public sector equality duty and on a regional basis.