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Finance Bill moves forward

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On 13 April 2021, MPs approved the second reading of Finance Bill 2021 allowing the Bill to proceed, and passed the UK Government’s programme motion setting out the following key stages:

  • a Committee of the Whole House will consider various clauses/Schedules on 19 and 20 April; and
  • remaining provisions will be scrutinised by a Public Bill Committee, which will finish its work by Thursday 6 May at the latest.

A number of opposition amendments were tabled to the Bill on 13 April, focused on removing the freeze on income tax bands and personal allowances, restricting and redefining the capital allowances super-deduction, and requiring equalities impact assessments for various measures – although all are almost certain to be rejected.

Issue: 1527
Categories: News