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Finance Bill 2021 passes Committee

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The Public Bill Committee finished its scrutiny of the Finance Bill on 27 April, having sat for only four of the originally proposed ten sessions. The Bill has been republished, incorporating all of the changes agreed in committee. The revised Bill will next be ‘reported’ back to the House of Commons which is the final opportunity for amendments to be made. As at 28 April, the government had not put forward any amendments for report stage.

During its final sessions, the Public Bill Committee approved government amendments to Sch 2 (carry-back of trade losses), Sch 5 (collective defined contribution pension schemes) and Sch 28 (VAT repayment interest).

Issue: 1529
Categories: News