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Parliament, Taxes and Bills…

Chris Sanger of Ernst & Young continues his regular series of articles on tax policy. This week he covers the process of passing the Finance Bill
With the passing of the summer solstice comes the completion of another ritual: the Finance Bill. Although ignored by many the translation of Government policies from ideas to legislation is a hugely important process legalising the theft of hard-earned income profits and cash. So given the historic nature of the process does it work effectively? Or is there a need for reform?
The process in outline … in theory
In outline following the Budget the Finance Bill is published and then introduced to the...
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