Publication of the Finance Bill
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Issued 01 April 2010 14:05
The Government is today publishing the 2010 Finance Bill. The Bill will
enact many of the measures that the Chancellor set out in his Budget statement
and represents a key step in delivering strong, sustainable growth to secure the
recovery and meeting the commitment to halve the deficit over four years.
The Financial Secretary to the Treasury, Stephen Timms, said:
"The Government has taken unprecedented action to support the economy through
the recession.The Finance Bill published today will help to secure the recovery
by introducing further targeted support for businesses and households. Following
its passage, around half the tax measures we have announced to halve the deficit
will have been passed into law."
The Lobby Notes, published today, briefly describe the clauses and schedules
in the Bill and can be found on the HM Treasury website.
More detailed Explanatory Notes on clauses are available from Stationery
Office bookshops and also on HM Treasury website.
Further details on the Bill will be published on the Parliament website and
HM Treasury and HM Revenue & Customs websites as the Bill progresses through
1. The Bill and the Explanatory Notes are both published by the Stationery
Office and will be available in electronic and paper formats. The Finance Bill
and Explanatory Notes are both available from Stationery Office bookshops. The
Finance Bill is also available from the Parliamentary website
2. Impact Assessments were published on 24 March and can be found on the HM
Treasury and HM Revenue & Customs' (opens in new window) websites.
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Article Published/Sorted/Amended on Scopulus 2010-04-02 09:48:09 in Legal Articles