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Finance Bill 2025: Public Bill Committee to begin in January

The Public Bill Committee is expected to begin its scrutiny of Finance Bill 2025 on Tuesday 28 January 2025 according to a ‘call for evidence’ issued on 20 December 2024. The Committee is scheduled to complete its work by Tuesday 4 February 2025 at the latest. Comments are invited on the Finance Bill with the usual recommendation that submissions are made sooner rather than later.

On 19 December 2024 the first set of Government amendments was published for debate by the Public Bill Committee. Principal changes are to Schedule 4 relating to the UK’s multinational top-up tax and domestic top-up tax legislation in F(No 2)A 2023 Parts 3 and 4.

Brief explanatory notes are included on the amendment paper itself summarising the intention behind the changes. Unusually HMRC have also re-issued the original Explanatory Notes for the...

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