Information since 13 Nov 2024, 11:46 p.m.
| Parliamentary Debates |
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Public Authorities (Fraud, Error and Recovery) Bill (Tenth sitting)
57 speeches (11,984 words) Committee stage: 10th sitting Tuesday 11th March 2025 - Public Bill Committees Department for Work and Pensions Mentions: 1: Rebecca Smith (Con - South West Devon) That power is broadly similar to powers contained in the Child Support Act 1991 and the Finance (No. 2) Act - Link to Speech |
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Finance Bill (Third sitting)
63 speeches (13,807 words) Committee stage: 3rd Sitting Thursday 30th January 2025 - Public Bill Committees HM Treasury Mentions: 1: James Murray (LAB - Ealing North) Thirdly, it amends the tables in schedule 9 to the Finance (No. 2) Act 2023 that are used by small producers - Link to Speech |
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Low and No-Tax Jurisdictions
23 speeches (11,347 words) Thursday 30th January 2025 - Lords Chamber HM Treasury Mentions: 1: Lord Sikka (Lab - Life peer) But the legislation was never implemented and was subsequently repealed by the Finance (No. 2) Act 2023 - Link to Speech |
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Finance Bill (First sitting)
82 speeches (14,648 words) Committee stage: 1st sitting Tuesday 28th January 2025 - Public Bill Committees HM Treasury Mentions: 1: James Wild (Con - North West Norfolk) As we heard from the Minister, clause 19 and schedule 4 amend the parts and schedules of the Finance (No. 2) Act - Link to Speech |
| Select Committee Documents |
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Friday 14th March 2025
Report - Seventeenth Report - No Statutory Instruments Reported Statutory Instruments (Joint Committee) Found: Title S.I. 2025/96 The Finance (No. 2) Act 2023, Part 2 (Alcohol Duty) (Appointed Day, Consequential |
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Tuesday 4th March 2025
Written Evidence - Propertymark WCC0118 - Work of the County Court Work of the County Court - Justice Committee Found: concerning that the UK Government have 6 Renting Homes (Wales) Act 2016 (legislation.gov.uk) 7 Finance (No. 2) Act |
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Tuesday 4th March 2025
Written Evidence - Propertymark WCC0118 - Work of the County Court Work of the County Court - Justice Committee Found: October to December 2024 - GOV.UK 6 Renting Homes (Wales) Act 2016 (legislation.gov.uk) 7 Finance (No. 2) Act |
| Secondary Legislation |
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Finance Act 2021 (Increase in Schedule 26 Penalty Percentages) Regulations 2025 These Regulations increase the penalties for late payment of tax in Schedule 26 to the Finance Act 2021 ("Schedule 26"). Parliamentary Status - Text of Legislation - Draft affirmative Laid: Monday 31st March - In Force: Not stated Found: inserted by section 47(6) of the Finance Act 1997 (c. 16) and substituted by section 3(9) of the Finance (No. 2) Act |
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Multinational Top-up Tax (Pillar Two Territories, Qualifying Domestic Top-up Taxes and Accredited Qualifying Domestic Top-up Taxes) Regulations 2025 These Regulations specify territories as Pillar Two territories, and taxes as qualifying domestic top-up taxes and accredited qualifying domestic top-up taxes, in support of the implementation and operation of the Organisation for Economic Co-operation and Development/G20 Inclusive Framework’s Pillar Two model rules. HM Treasury Parliamentary Status - Text of Legislation - Draft negative Laid: Monday 31st March - In Force: Not stated Found: of the powers conferred by sections 241 and 256 of, and paragraph 2 of Schedule 16A to, the Finance (No. 2) Act |
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Taxes and Duties, etc (Interest Rate) (Amendment) Regulations 2025 These Regulations make provision concerning the rate of interest applying to certain amounts payable to the Commissioners for His Majesty’s Revenue and Customs (“HMRC”). HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Wednesday 26th March - In Force: 6 Apr 2025 Found: 10 to the Taxation of Chargeable Gains Act 1992 (c. 12), paragraph 5 of Schedule 11 to the Finance (No. 2) Act |
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Relief for Creative Industries (Additional Information Requirements and Miscellaneous Amendments) (Amendment) Regulations 2025 These Regulations amend the Relief for Creative Industries (Additional Information Requirements and Miscellaneous Amendments) Regulations (S.I.2024/320) (“the 2024 Regulations”). Parliamentary Status - Text of Legislation - Made negative Laid: Tuesday 25th March - In Force: 15 Apr 2025 Found: the Finance Act 2016 (c. 24) and Part 15E was inserted by paragraph 1 of Schedule 6 to the Finance (No. 2) Act |
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Unauthorised Co-ownership Alternative Investment Funds (Reserved Investor Fund) Regulations 2025 Sections 261M to 261O and 261P(1) and (2) of the Financial Services and Markets Act 2000 (c. 8) (“the Act”) make provision about contracts and the rights and liabilities of participants in relation to co-ownership schemes authorised by an authorisation order under section 261D(1) of the Act. Section 261M confers certain rights on the operators of such schemes to act on behalf of participants in relation to authorised contracts. Section 261N makes provision about the effects of a person becoming or ceasing to be a participant, in terms of rights they acquire and the liabilities to which they are subject in relation to authorised contracts. Section 261O limits the liability of participants for debts incurred under, or in connection with, contracts which the operator is authorised to enter into on their behalf. Section 261P(1) and (2) provides for the segregation of the liabilities of participants in sub-schemes (where a co-ownership scheme is constituted as an umbrella co-ownership scheme). HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Wednesday 26th February - In Force: Not stated Found: meaning given by section 20(1) (collective investment schemes: co-ownership schemes) of the Finance (No. 2) Act |
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Co-ownership Contractual Schemes (Tax) Regulations 2025 These Regulations set out tax rules for a new type of investment fund, the Reserved Investor Fund (Contractual Scheme) (“RIF”), and its investors. In addition, they make minor changes to the tax rules for Co-ownership Authorised Contractual Schemes (“CoACS”), a similar type of investment fund. HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Tuesday 25th February - In Force: 19 Mar 2025 Found: paragraph 48 of Schedule 5AAA to, the Taxation of Chargeable Gains Act 1992(1), section 41 of the Finance (No. 2) Act |
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Social Security (Contributions) (Amendment) Regulations 2025 These Regulations amend Schedule 4A (real time returns) of the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004). Parliamentary Status - Text of Legislation - Made negative Laid: Tuesday 11th February - In Force: 6 Apr 2025 Found: Section 113(5) was amended by section 331(4) of the Finance (No. 2) Act 2023 (c. 30). (5)2021 c.26. |
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Excise Duties (Miscellaneous Amendments and Revocations) (Amendment) Regulations 2025 This instrument omits regulation 10 of the Excise Duties (Miscellaneous Amendments and Revocations) Regulations 2024. Parliamentary Status - Text of Legislation - Made negative Laid: Friday 7th February - In Force: 28 Feb 2025 Found: paragraph 2 of Schedule 8 to the Finance Act 1981 (c. 35) and paragraph 2 of Schedule 2 to the Finance (No. 2) Act |
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Designation of Special Tax Sites (East Midlands Investment Zone) Regulations 2025 These Regulations designate areas, known as “special tax sites”, as special areas for the purposes of Parts 2 (plant and machinery allowances) and 2A (structures and buildings allowances) of the Capital Allowances Act 2001 (c. 2) (“CAA 2001”) and Part 4 (stamp duty land tax) of the Finance Act 2003 (c. 14) (“FA 2003”). HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Wednesday 5th February - In Force: 26 Feb 2025 Found: Section 113 was amended by section 331 of, and paragraph 19 of Schedule 23 to, the Finance (No. 2) Act |
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Income Tax (Additional Information to be included in Returns) Regulations 2025 These Regulations specify additional information which persons are required to include in certain tax returns which they may be required to make and deliver to His Majesty’s Revenue and Customs. Parliamentary Status - Text of Legislation - Made negative Laid: Tuesday 28th January - In Force: 6 Apr 2025 Found: There is also an amendment to section 8(1) by paragraph 3(3) of Schedule 14 to the Finance (No. 2) Act |
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MPs’, Senedd and Assembly Pension Schemes (Tax) Regulations 2025 These Regulations make provision for the tax treatment of changes to the benefits payable to members of Parliament, the Senedd and the Northern Ireland Assembly under their respective pension schemes. These changes are the result of rectification exercises, under which members' benefits change between final salary and career average methods of calculation. HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Thursday 23rd January - In Force: 13 Feb 2025 Found: lifetime allowance charge(6), or (b)a charge to income tax arising by virtue of section 19 of the Finance (No. 2) Act |
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MPs', Senedd and Assembly Pension Schemes (Tax) Regulations 2025 These Regulations make provision for the tax treatment of changes to the benefits payable to members of Parliament, the Senedd and the Northern Ireland Assembly under their respective pension schemes. These changes are the result of rectification exercises, under which members' benefits change between final salary and career average methods of calculation. HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Thursday 23rd January - In Force: 13 Feb 2025 Found: lifetime allowance charge(6), or (b)a charge to income tax arising by virtue of section 19 of the Finance (No. 2) Act |
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Social Security (Contributions) (Rates, Limits and Thresholds Amendments, National Insurance Funds Payments and Extension of Veteran's Relief) Regulations 2025 These Regulations amend the Social Security Contributions and Benefits Act 1992 (c. 4) and corresponding provisions in the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7) (“the Acts”), the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004) (“the Contributions Regulations”) and the National Insurance Contributions Act 2022 (c. 9) (“the NICA 2022”). The amendments have effect from 6th April 2025. HM Treasury Parliamentary Status - Text of Legislation - Draft affirmative Laid: Wednesday 15th January - In Force: 6 Apr 2025 Found: to the Transfer Order. (14)Section 12(2) was amended by paragraph 26 of Schedule 23 to the Finance (No.2) Act |
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Designation of Special Tax Sites (Anglesey Freeport) Regulations 2024 These Regulations designate areas, known as “special tax sites”, as special areas for the purposes of Parts 2 (plant and machinery allowances) and 2A (structures and buildings allowances) of the Capital Allowances Act 2001 (c. 2) (“CAA 2001”). HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Thursday 5th December - In Force: 23 Jan 2025 Found: Section 113 was amended by section 331 of, and paragraph 19 of Schedule 23 to, the Finance (No. 2) Act |
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Customs (Miscellaneous Amendments) (No. 3) Regulations 2024 These Regulations make miscellaneous amendments to customs secondary legislation made under powers contained in the Taxation (Cross-border Trade) Act 2018 (c. 22) (“TCTA”). HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Tuesday 3rd December - In Force: 24 Dec 2024 Found: has been amended by paragraph 15(c) of Schedule 19, and paragraph 1(5) of Schedule 20, to the Finance (No 2) Act |
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Excise Duties (Miscellaneous Amendments and Revocations) Regulations 2024 These Regulations make various amendments relating to excise duty. Parliamentary Status - Text of Legislation - Made negative Laid: Monday 2nd December - In Force: Not stated Found: section 7(1)(b) and (ba) and (1A) of the Tobacco Products Duty Act 1979(2); (c)section 1 of the Finance (No. 2) Act |
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Energy (Oil and Gas) Profits Levy (Energy Security Investment Mechanism) Regulations 2024 These Regulations specify how the average price of oil and the average price of gas over a reference period are to be calculated for the purposes of section 17A(1) of the Energy (Oil and Gas) Profits Levy Act 2022 (“the 2022 Act”), which provides for the circumstances in which the Energy Profits Levy will end early (the Energy Security Investment Mechanism). HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Tuesday 19th November - In Force: 10 Dec 2024 Found: Sections 17A and 17B were inserted by section 19 of the Finance (No. 2) Act 2024 (c. 12). (2)See section |
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Alcoholic Products (Excise Duty) (Amendment) Regulations 2024 These Regulations make amendments to the Alcoholic Products (Excise Duty) Regulations 2023 (“AP(ED)R 2023”) to provide for a single excise duty system for alcoholic products generally, consolidating and replacing the various systems used for individual alcoholic products. Parliamentary Status - Text of Legislation - Made negative Laid: Tuesday 19th November - In Force: 1 Feb 2025 Found: exercise of the powers conferred by sections 81(1), 83(2) and (4), 88, and 118(1) to (3) of the Finance (No. 2) Act |
| Bill Documents |
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Mar. 13 2025
Written evidence submitted by Big Brother Watch (PAB13) Public Authorities (Fraud, Error and Recovery) Bill 2024-26 Written evidence Found: Further, HMRC powers to deduct money directly from bank accounts under Schedule 8 of the Finance (No. 2) Act |
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Mar. 04 2025
HL Bill 77 (as brought from the Commons) Finance Act 2025 Bill Found: Amendments) Regulations 2023 (S.I. 2023/64), and (j) paragraph 10 of the Schedule to the Finance (No. 2) Act |
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Feb. 27 2025
Autumn Budget 2024 and Finance Bill 2024-25: Progress of the Bill Finance Act 2025 Briefing papers Found: Pillar Two (Pillar Two territories etc) ( 10 ) That— (1) The Finance (No. 2) Act 2023 is amended |
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Feb. 03 2025
Bill 171 2024-25 (as amended in Public Bill Committee) - large print Finance Act 2025 Bill Found: Amendments) Regulations 2023 (S.I. 2023/64), and (j) paragraph 10 of the Schedule to the 10 Finance (No. 2) Act |
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Feb. 03 2025
Bill 171 2024-25 (as amended in Public Bill Committee) Finance Act 2025 Bill Found: Amendments) Regulations 2023 (S.I. 2023/64), and (j) paragraph 10 of the Schedule to the Finance (No. 2) Act |
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Jan. 28 2025
Written evidence submitted by the Chartered Institute of Taxation - Clauses 19-22 (FB08) Finance Act 2025 Written evidence Found: first tranche of implementation by the UK of the agreed G20-OECD Pillar Two framework, by Finance (No.2) Act |
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Jan. 22 2025
Bill 167 EN 2024-25 - large print Public Authorities (Fraud, Error and Recovery) Bill 2024-26 Explanatory Notes Found: power is broadly similar to the Child Maintenance Service’s power, under section 32A of the Finance (No. 2) Act |
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Jan. 22 2025
Bill 167 EN 2024-25 Public Authorities (Fraud, Error and Recovery) Bill 2024-26 Explanatory Notes Found: power is broadly similar to the Child Maintenance Service’s power, under section 32A of the Finance (No. 2) Act |
| Department Publications - Guidance |
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Monday 31st March 2025
Home Office Source Page: Investigatory Powers Act: draft codes of practice, March 2025 Document: (PDF) Found: element of postal CD at the same level. 2.68 In relation to Border Force, Section 352 of the Finance (No. 2) Act |
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Monday 31st March 2025
Home Office Source Page: Investigatory Powers Act: draft codes of practice, March 2025 Document: (PDF) Found: element of postal CD at the same level. 2.68 In relation to Border Force, Section 352 of the Finance (No. 2) Act |
| Non-Departmental Publications - Policy paper |
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Feb. 25 2025
HM Revenue & Customs Source Page: Finance Bill 2024-25: Report Stage Document: (webpage) Policy paper Found: Paragraph 14 removes references to domicile that are no longer relevant from section 7(3) of the Finance (No.2) Act |
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Dec. 19 2024
HM Revenue & Customs Source Page: Finance Bill 2024-25: Public Bill Committee Document: (webpage) Policy paper Found: This clause and Schedule amend the Parts and Schedules of Finance (No.2) Act 2023 that implement the |
| Non-Departmental Publications - News and Communications |
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Feb. 24 2025
Upper Tribunal (Tax and Chancery Chamber) Source Page: THE KING (on the application of) AIREDALE CHEMICAL COMPANY LIMITED v THE COMMISSIONERS FOR HIS MAJESTY’S REVENUE AND CUSTOMS [2025] UKUT 00065 (TCC) Document: The King (on application of) Airedale Chemical Company Limited v The Commissioners of His Majesty’s Revenue and Customs (PDF) News and Communications Found: previously settled by agreement with HMRC to avoid the application of the Loan Charge legislation (Finance (No. 2) Act |
| Non-Departmental Publications - Open consultation |
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Jan. 28 2025
HM Revenue & Customs Source Page: Multinational Top-up Tax and Domestic Top-up Tax: Supplementary draft guidance Document: (webpage) Open consultation Found: This is set out in section 201 of Finance (No.2) Act 2023. |
| Draft Secondary Legislation |
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The Finance Act 2021 (Increase in Schedule 26 Penalty Percentages) Regulations 2025 These Regulations increase the penalties for late payment of tax in Schedule 26 to the Finance Act 2021 ("Schedule 26"). Found: inserted by section 47(6) of the Finance Act 1997 (c. 16) and substituted by section 3(9) of the Finance (No. 2) Act |
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The Social Security (Contributions) (Rates, Limits and Thresholds Amendments, National Insurance Funds Payments and Extension of Veteran's Relief) Regulations 2025 These Regulations amend the Social Security Contributions and Benefits Act 1992 (c. 4) and corresponding provisions in the Social Security Contributions and Benefits (Northern Ireland) Act 1992 (c. 7) (“the Acts”), the Social Security (Contributions) Regulations 2001 (S.I. 2001/1004) (“the Contributions Regulations”) and the National Insurance Contributions Act 2022 (c. 9) (“the NICA 2022”). The amendments have effect from 6th April 2025. HM Treasury Found: to the Transfer Order. (14)Section 12(2) was amended by paragraph 26 of Schedule 23 to the Finance (No.2) Act |
| Deposited Papers |
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Thursday 30th January 2025
Source Page: Letters dated 24/01/2025 from James Murray MP to David Mundell MP and Valerie Vaz MP regarding: I. Finance Bill 2024-25:: summary of clauses with powers to make secondary legislation. 6p. II. Government amendments tabled ahead of Public Bill Committee. 6p. Document: PBC_Government_Amendments_letter.pdf (PDF) Found: additions to both the Bill before Parliament and to the previously enacted legislation in the Finance (No.2) Act |