Finance Bill 2021
Supporting documents for Finance Bill 2021, the vehicle for renewing annual taxes, delivering new tax proposals and maintaining administration of the tax system.
Finance Bill 2021 legislation
Finance Bill 2021 was published on 11 March 2021.
Read the Finance Bill 2021 and explanatory notes on the Parliamentary website.
Finance Bill 2021: parliamentary passage
Measures with effect from 3 March 2021
Notes on Finance Bill 2021 resolutions
The government has published notes on resolutions, which give a brief description of each of the Finance Bill resolutions.
Further draft legislation published for Finance Bill 2021
The government is committed, where possible, to publishing most tax legislation in draft for technical consultation before the relevant Finance Bill is laid before Parliament.
The consultation on draft clauses is intended to make sure that the legislation works as intended.
The final contents of Finance Bill 2021 will be subject to confirmation at Budget 2021.
Each measure comprises:
- a tax information and impact note (TIIN) which sets out what the legislation seeks to achieve, why the government is undertaking the change and a summary of the expected impacts
- draft legislation
- an explanatory note which provides a more detailed guide to the legislation
Also included are the impacting definitions for the tax information and impact notes and the Financial Secretary to the Treasury’s declaration about the tax information and impact notes.
The consultation on draft clauses will close on 7 January 2021.
Other draft legislation for this Finance Bill was published on 21 July 2020. At that point, the Bill was expected to be Finance Bill 2020-21 and this was reflected in the published documents
Read the draft legislation published for consultation on 21 July 2020.
Last updated 18 May 2021 + show all updates
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Added: 'Finance Bill 2021: Report stage'
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Added: 'Finance Bill 2021: Public Bill Committee'
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Added: 'Finance Bill 2021: Committee of the Whole House'
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First published.