Finance Bill 2024-26
This Bill will be published after the House’s decisions on the Budget Resolutions. A new Finance Bill is usually presented to Parliament each year; it enacts the proposals for taxation made by the Chancellor of the Exchequer in the Budget statement and brings them into law.
Government Bill
(HM Treasury)The Finance Bill is a Government Bill tabled by a Minister of the Crown.
Is this Bill currently before Parliament?Yes. This Bill is currently before Parliament
Whose idea is this Bill?Government Bills implement the legislative agenda of the Government. This agenda, and the Bills that will implement it, are outlined in the Queen's Speech at the Session's State Opening of Parliament.
What type of Bill is this?Government Bills are technically Presentation Bills, but the Government can use its legislative time to ensure the schedule of debates to scrutinise the Bill.
So is this going to become a law?Though the Bill can be amended from its original form, the Bill will almost certainly be enacted in law before the end of the Session, or will be carried over to the subsequent Session.
Would you like to know more?See these Glossary articles for more information: Government Bills, Process of a Bill
Next Event: There is no future stage currently scheduled for this bill
Bill Progession through Parliament