TaxPersonal TaxFinance Bill receives Royal Assent

Finance Bill receives Royal Assent

The 2000 Finance Bill today completed its much-troubled passage through parliament and was given Royal Assent.

After challenges by the IT industry over National Insurance contributions on share options, several late amendments and a scrap over plans for tightening tax rules on the use of mixer companies, the 2000 Finance Bill became an Act.

Before the March Budget, the English ICA’s Tax Faculty warned that you would need a small crane to lift the Finance Bill. And it was proved right when the Bill began with 558 pages and grew to 572 pages with amendments.

Warning to ‘tax planning industry’ as Finance Bill becomes law

Related Articles

Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

Personal Tax Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

3w Alia Shoaib, Reporter
Rent-a-room relief – the survey says…

Personal Tax Rent-a-room relief – the survey says…

2m Helen Thornley, ATT Technical Officer
What should the OTS prioritise in its review of inheritance tax?

Personal Tax What should the OTS prioritise in its review of inheritance tax?

4m Alia Shoaib, Reporter
LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

5m Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

6m Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

7m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

7m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

9m Alia Shoaib, Reporter