Information since 17 Mar 2025, 6:58 a.m.
| Parliamentary Debates |
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Public Authorities (Fraud, Error and Recovery) Bill
89 speeches (20,651 words) Committee stage Monday 9th June 2025 - Grand Committee Mentions: 1: None It is already used without needing to apply to the courts—by HMRC, under Schedule 8 to the Finance (No. 2) Act - Link to Speech 2: Baroness Fox of Buckley (Non-affiliated - Life peer) HMRC already has powers to deduct money directly from bank accounts under Schedule 8 to the Finance (No.2) Act - Link to Speech |
| Select Committee Documents |
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Monday 7th July 2025
Correspondence - Letter from the Chief Executive and First Permanent Secretary of HM Revenue and Customs relating to the oral evidence session held on 12 June 2025 on Collecting the right tax from wealthy individuals, 26 June 2025 Public Accounts Committee Found: 20 to the Finance Act 2016 Nil Requirement to correct penalty under Schedule 18 to the Finance (No 2) Act |
| Secondary Legislation |
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Global Irregular Migration and Trafficking in Persons Sanctions Regulations 2025 These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to establish a sanctions regime for the purpose of preventing and combating people smuggling, trafficking in persons and the instrumentalisation of migration for the purpose of destabilising a country. Foreign, Commonwealth & Development Office Parliamentary Status - Text of Legislation - Made affirmative Laid: Tuesday 22nd July - In Force: 23 Jul 2025 Found: , sections 11, 12, 24(1), Schedule 4, paragraph 2 and Schedule 5, paragraphs 44 and 45; the Finance (No. 2) Act |
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Climate Change Agreements (Administration and Eligible Facilities) (Amendment) Regulations 2025 These Regulations concern the scheme providing for a reduced rate of climate change levy (“CCL”) established under Part IV of Schedule 6 to the Finance Act 2000 (c. 17). A facility which receives supplies of energy and which has entered into a climate change agreement (a voluntary agreement between such a facility and the Environment Agency) must meet targets for energy use or emissions which are specified in the agreement during a target period. If it does, it is eligible for a reduced rate of CCL during the certification period which is specified in the agreement in relation to that target period. If a facility does not meet any target for a target period, it may pay a buy-out fee on each tonne of carbon dioxide equivalent by which it falls short of meeting that target, and thus remains eligible for the reduced CCL rate. Department for Energy Security & Net Zero Parliamentary Status - Text of Legislation - Made negative Laid: Wednesday 9th July - In Force: 1 Jan 2026 Found: Act 2014 (c. 26), section 99 and Schedule 20; the Finance Act 2020 (c. 14), section 92, 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) (Amendment) Regulations 2025 These Regulations amend the Multinational Top-up Tax (Pillar Two Territories, Qualifying Domestic Top-up Taxes and Accredited Qualifying Domestic Top-up Taxes) Regulations 2025 (S.I. 2025/406) (“the 2025 Regulations”). HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Wednesday 2nd July - In Force: 24 Jul 2025 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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International Tax Compliance (Amendment) Regulations 2025 These Regulations amend the International Tax Compliance Regulations 2015 (S.I. 2015/878) (“the principal Regulations”) which give effect to agreements and arrangements reached between the United Kingdom and other jurisdictions to improve international tax compliance. HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Wednesday 25th June - In Force: 16 Jul 2025 Found: exercise of the powers conferred by section 136 of the Finance Act 2002(1) and section 349 of the Finance (No. 2) Act |
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Reporting Cryptoasset Service Providers (Due Diligence and Reporting Requirements) Regulations 2025 These Regulations make provision implementing the rules and commentary set out in the OECD Crypto-Asset Reporting Framework first published in 2022 and subsequently amended in June 2023 and October 2023 (‘the rules’). They impose obligations on certain individuals and entities that make available a trading platform or provide a service effectuating exchanges between cryptoassets and fiat currencies or between one or more forms of certain cryptoassets, where those individuals or entities have a relevant nexus to the UK (‘UK reporting cryptoasset service providers’). UK reporting cryptoasset service providers are required to carry out due diligence on users of their services, to report information about those users to HMRC and to notify those users that the information will be reported to HMRC. HM Treasury Parliamentary Status - Text of Legislation - Made negative Laid: Wednesday 25th June - In Force: 1 Jan 2026 Found: exercise of the powers conferred by section 136 of the Finance Act 2002(1) and section 349 of the Finance (No. 2) Act |
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Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) Regulations 2025 These Regulations amend the Enterprise Act 2002 (c. 40) (“the Act”) to create exceptions within the merger control regime in Chapter 3A of Part 3 of the Act, which prohibits foreign state newspaper merger situations. A foreign state newspaper merger situation is created where a merger involving a newspaper enterprise, which meets certain conditions as to turnover and share of supply, results in a foreign power being able to control or influence the policy of the person carrying on the newspaper enterprise, or being able to control or influence that policy to a greater extent. Parliamentary Status - Text of Legislation - Draft affirmative Laid: Thursday 15th May - In Force: Not stated Found: investment fund” means— (i)an investment fund within the meaning given by section 236(1) 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 - Made 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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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: 31 May 2025 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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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 |
| Parliamentary Research |
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Direct taxes: Rates and allowances for 2025/26 - CBP-10237
Apr. 08 2025 Found: Statutory provision was made by sections 331-2 of Finance (No.2) Act 2023, and subsequent regulations |
| Bill Documents |
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Apr. 30 2025
HL Bill 96 Explanatory Notes 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 |
| APPG Publications |
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Anti-Corruption and Responsible Tax APPG Document: Targeting the enablers of ineffective tax avoidance: supplementary paper Found: arrangements were abusive tax arrangements within the meaning of subparagraph 3(2) of Schedule 16 of Finance (No. 2) Act |
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Anti-Corruption and Responsible Tax APPG Document: Ineffective Tax Avoidance: Tackling the Enablers Found: The regime is to be found in Finance (No 2) Act 2017, and broadly speaking what it does is impose penalties |
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Loan Charge and Taxpayer Fairness APPG Document: Loan Charge Inquiry Report April 2019 Found: With the passing of the Finance (no.2) Act 2017, the Government introduced a Loan Charge on all employment-related |
| Department Publications - Transparency |
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Wednesday 16th July 2025
Ministry of Justice Source Page: Funds in Court in England and Wales Account 2024 to 2025 Document: (PDF) Found: by implementing a 30-year time limit on dormant funds held in court (became Section 350 of Finance (No. 2) Act |
| Department Publications - Consultations |
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Wednesday 2nd July 2025
Ministry of Housing, Communities and Local Government Source Page: How to implement Social Rent convergence Document: (PDF) Found: has been amended by the Finance Act 2009, the Finance Act 2013, the Finance Act 2014 and 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 and Engagement |
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Jul. 21 2025
HM Revenue & Customs Source Page: Multinational Top-up Tax and Domestic Top-up Tax further amendments Document: (webpage) Policy and Engagement Found: This Schedule amends the Parts and Schedules of Finance (No.2) Act 2023 that implement Multinational |
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Jul. 21 2025
HM Revenue & Customs Source Page: Reform of the tax treatment of carried interest Document: (webpage) Policy and Engagement Found: in Chapter 5 of Part 3 of the Taxation of Chargeable Gains Act 1992, which was introduced by Finance (No. 2) Act |
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Jul. 21 2025
HM Revenue & Customs Source Page: Proposals to close in on promoters of marketed tax avoidance Document: (webpage) Policy and Engagement Found: Taxes Acts” in appropriate places in section 318.Subsection (3) amends Part 2 of Schedule 17 to Finance (No.2) Act |
| Non-Departmental Publications - Transparency |
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Jul. 21 2025
Trade Remedies Authority Source Page: TRA Annual Report and Accounts 2024-25 Document: (PDF) Transparency Found: Our GOV.UK provides detailed explanations and guidance. 1 Finance (No. 2) Act 2023, which inserted new |
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Jul. 21 2025
Trade Remedies Authority Source Page: TRA Annual Report and Accounts 2024-25 Document: (PDF) Transparency Found: Our GOV.UK page provides detailed explanations and guidance. 1 Finance (No. 2) Act 2023, which |
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Jul. 11 2025
Security Industry Authority Source Page: SIA business plan: 2025 to 2026 Document: (PDF) Transparency Found: A specific agreement under section 102 of the Finance (no 2) Act 1987 with the Treasury is in place |
| Non-Departmental Publications - News and Communications |
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Jul. 01 2025
Upper Tribunal (Tax and Chancery Chamber) Source Page: BENOIT D’ANGELIN v THE COMMISSIONERS FOR HIS MAJESTY’S REVENUE AND CUSTOMS [2025] UKUT 00212 (TCC) Document: Benoit D’Angelin v The Commissioners of His Majesty’s Revenue and Customs (PDF) News and Communications Found: definition of ‘potentially chargeable event’ in section 809VH(2)(b) was amended by section 15(5)(c) Finance (No 2) Act |
| Non-Departmental Publications - Policy paper |
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Apr. 28 2025
HM Revenue & Customs Source Page: Corporation Tax: changes to restitution interest rules Document: (PDF) Policy paper Found: restitution interest”)— (a) 2010 c. 4; section 357YW was inserted by section 38(3) of the Finance (No. 2) Act |
| Non-Departmental Publications - Open consultation |
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Apr. 24 2025
HM Revenue & Customs Source Page: Draft legislation: carbon border adjustment mechanism Document: (webpage) Open consultation Found: Paragraph 2 adds carbon border adjustment mechanism to the list of taxes under which Schedule 17 to Finance (No. 2) Act |
| Draft Secondary Legislation |
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The Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) Regulations 2025 These Regulations amend the Enterprise Act 2002 (c. 40) (“the Act”) to create exceptions within the merger control regime in Chapter 3A of Part 3 of the Act, which prohibits foreign state newspaper merger situations. A foreign state newspaper merger situation is created where a merger involving a newspaper enterprise, which meets certain conditions as to turnover and share of supply, results in a foreign power being able to control or influence the policy of the person carrying on the newspaper enterprise, or being able to control or influence that policy to a greater extent. Department for Digital, Culture, Media & Sport Found: investment fund” means— (i)an investment fund within the meaning given by section 236(1) of the Finance (No. 2) Act |
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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 |
| Deposited Papers |
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Friday 18th July 2025
Department for Work and Pensions Source Page: Letter dated 11/07/2025 from Baroness Sherlock to Viscount Younger of Leckie regarding questions raised during the Committee stage (fifth day) of the Public Authorities (Fraud, Error and Recovery) Bill: support for those destitute after committing benefit fraud, number of cases going to court if court approval required for a Direct Deduction Order, process for eligibility verification measure and information gathering. 5p. Document: Letter_from_Baroness_Sherlock_to_Viscount_Younger.pdf (PDF) Found: similar form, albeit, used in different contexts, such as by HMRC (under Schedule 8 of The Finance (No. 2) Act |