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Revised measures to be included in Finance (No. 2) Bill 2017

Claire Hooper (EY) outlines the government’s plans to re-introduce measures dropped from the pre-election Finance Bill and looks at the changes made to the previous draft.
 

As part of the announcements made at the time of the Queen’s speech on 21 June the government outlined its intention to introduce three Finance Bills during the two-year parliamentary session that was just beginning. This included a Summer Finance Bill intended to reintroduce measures previously withdrawn from the pre-election Finance Bill as well as the Finance Bills expected to follow the Autumn Budgets in 2017 and 2018 under the new approach to having a single fiscal event a year.

Taxpayers were keen to see the detail of the Summer Finance Bill given the significance of the measures dropped from the pre-election Finance Bill and the fact that many of the measures had a commencement date of April 2017 when...

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