Finance Bill 2015-16 sets out legislation for tax changes

Following last week’s Summer Budget, the government has published the Finance Bill 2015-16 to implement tax changes announced over the last year including changes to inheritance tax, non-dom rules and provisions to allow HMRC to operate direct recovery of debts from taxpayers

The draft Finance Bill is accompanied by132 pages of explanatory notes and was presented to parliament on 14 July 2015. There was no debate on the Bill at the first reading; the second reading debate is scheduled for 20 July 2015. Following Commons and Lords' debates, it is set to receive Royal Assent when parliament returns after the summer recess.

Your free features:

Breaking news and expert analysis
Customisable daily newsletters
Six free CPD learning modules each year
Personalised CPD tracker
Top 75 Firms league tables
Regulatory changes
Hardman’s Tax Data

Business | King’s Speech outlines closer trade ties with EU, less red tape

Business | Warning on tax adviser regulation by the backdoor

Finance | Government abandons audit reform

Tax | Farmers given £2.5m allowance for inheritance tax in u-turn

Business | Fine of £5k for breaches of HMRC tax adviser register

Navigate

Tax Services

Your free features:

Sign up to Business & Accountancy Daily