The UK government published draft legislation for the next Finance Bill, together with explanatory notes and tax information and impact notes, on 20 July 2021. The Bill is expected to be introduced to Parliament in late 2021 and will eventually become Finance Act 2022.
Much of the draft legislation deals with relatively minor technical matters, but highlights include the following:
Consultation on the drafts closes on 14 September 2021. See page 8.
The UK government published draft legislation for the next Finance Bill, together with explanatory notes and tax information and impact notes, on 20 July 2021. The Bill is expected to be introduced to Parliament in late 2021 and will eventually become Finance Act 2022.
Much of the draft legislation deals with relatively minor technical matters, but highlights include the following:
Consultation on the drafts closes on 14 September 2021. See page 8.