Collection

Finance Bill 2016

This is a collection of supporting documents for Finance Bill 2016. The Finance Bill is the vehicle for renewing annual taxes, delivering new tax proposals and maintaining administration of the tax system.

• From: HM Treasury and HM Revenue & Customs
• Published: 25 November 2015
• Last updated: 21 July 2016 — See all updates

Finance Bill 2016: parliamentary passage

• Finance Bill 2016: Report stage
  • 1 September 2016
  • Policy paper
• Finance Bill 2016: Public Bill Committee
  • 1 August 2016
  • Policy paper
• Finance Bill 2016: Committee of the Whole House
  • 28 June 2016
  • Policy paper

Finance Bill 2016: legislation

The Finance Bill was published on 24 March 2016.

• Finance Bill 2016: legislation and explanatory notes
  • 24 March 2016
  • Policy paper

Budget 2016: overview of tax legislation and rates (OOTLAR)

• Budget 2016: overview of tax legislation and rates (OOTLAR)
  • 1 April 2016
  • Policy paper

Measures with effect from 16, 17, or 23 March 2016

• Income and Corporation Tax: trading income received in non-monetary form
  • 16 March 2016
  • Policy paper
• Income Tax: royalty withholding tax
  • 27 June 2016
  • Policy paper
• Stamp Duty and Stamp Duty Reserve Tax: deep in the money option
  • 16 March 2016
  • Policy paper
• Stamp Duty Land Tax: reform of charging provisions for non-residential property
  • 16 March 2016
  • Policy paper
• Tackling disguised remuneration avoidance schemes overview of changes and technical note
  • 22 December 2022
  • Policy paper

Finance Bill 2016: draft legislation overview documents

• Finance Bill 2016: draft legislation overview documents
  • 10 December 2015
  • Policy paper

Capital Gains Tax

• Capital Gains Tax: disposals of UK residential property by non-residents
  • 9 December 2015
  • Policy paper

Corporation Tax

• Corporation Tax: long term insurance business
  • 9 December 2015
  • Policy paper
• Corporation Tax: Patent Box - compliance with new international rules
  • 9 December 2015
  • Policy paper
• Corporation Tax: update of the taxation of corporate debt and derivative contracts
  • 9 December 2015
  • Policy paper
• Orchestra Tax Relief
  • 9 December 2015
  • Policy paper
• Reform of the wear and tear allowance
  • 9 December 2015
  • Policy paper

Domicile

• Domicile: Income Tax and Capital Gains Tax
  • 5 February 2016
  • Policy paper

Income Tax

• Bad debt relief for Peer to Peer investments
  • 9 December 2015
  • Policy paper
• Employee share schemes: simplification of the rules
  • 9 December 2015
  • Policy paper
• Income Tax: averaging rules for farmers
  • 9 December 2015
  • Policy paper
• Income Tax: deductions at a fixed rate
  • 9 December 2015
  • Policy paper
• Income Tax: exclusion of energy generation from venture capital schemes
  • 9 December 2015
  • Policy paper
• Income Tax: exemption for trivial benefits in kind
  • 9 December 2015
  • Policy paper
• Income Tax: extending Individual Savings Account tax advantages after the death of an account holder
  • 9 December 2015
  • Policy paper
• Income Tax: Gift Aid requirements on intermediaries
  • 9 December 2015
  • Policy paper
• Income Tax: simple assessment
  • 9 December 2015
  • Policy paper
• Income Tax: time limits for self assessment
  • 9 December 2015
  • Policy paper
• Personal Tax: retention of the 3 percentage point supplement for diesel cars
  • 9 December 2015
  • Policy paper

Inheritance Tax

• Inheritance Tax: compensation and ex-gratia payments for victims of persecution during the World War II era
  • 9 December 2015
  • Policy paper
• Inheritance Tax: main residence nil-rate band and the existing nil-rate band
  • 12 June 2017
  • Policy paper
• Inheritance Tax: reforms to the taxation of non-domiciles
  • 9 December 2015
  • Policy paper
• Inheritance Tax: treatment of pension scheme drawdown funds on death
  • 9 December 2015
  • Policy paper

Measures with immediate effect from 25 November 2015

• Corporation Tax and Income Tax: capital allowances and leasing - anti-avoidance
  • 25 November 2015
  • Policy paper
• Corporation Tax: loans to participators, trustees of charitable trusts
  • 25 November 2015
  • Policy paper
• Corporation Tax: related party rules, partnerships and transfers of intangible assets
  • 25 November 2015
  • Policy paper

Paying HMRC

Tax administration: alignment of HM Revenue and Customs set off provision

• Tax administration: extension of HM Revenue and Customs debtor and creditor interest rate to Scotland, Northern Ireland and National Insurance Contributions
  • 9 December 2015
  • Policy paper

Stamp Duty and other tax on property

• Annual Tax on Enveloped Dwellings and Stamp Duty Land Tax: extension of scope of reliefs from 15% rate
  • 9 December 2015
  • Policy paper
• Stamp Duty Land Tax: property investment funds
  • 9 December 2015
  • Policy paper

Tax administration

• Office of Tax Simplification: permanent establishment
  • 9 December 2015
  • Policy paper

Tax avoidance, evasion and compliance

• Corporation Tax, Income Tax and Capital Gains Tax: company distributions
  • 9 December 2015
  • Policy paper
• Increased civil sanctions for offshore tax evaders
  • 9 December 2015
  • Policy paper
• Investment managers: performance linked rewards
  • 9 December 2015
  • Policy paper
• Penalties for the General Anti-Abuse Rule
  • 9 December 2015
  • Policy paper
• Provisions relating to detention and seizure: exceptions to notice requirement
  • 9 December 2015
  • Policy paper
• Tackling the hidden economy: extension of new data-gathering powers
  • 9 December 2015
  • Policy paper
• Tax administration: civil sanctions for enablers of offshore tax evasion
  • 9 December 2015
  • Policy paper
• Tax administration: criminal offence for offshore tax evaders
  • 9 December 2015
  • Policy paper
• Tax administration: new threshold condition for promoters of tax avoidance schemes
  • 9 December 2015
  • Policy paper
• Tax administration: serial avoiders special regime
  • 9 December 2015
  • Policy paper
• Tax administration: large businesses transparency strategy
  • 9 December 2015
  • Policy paper
• Tax administration: large business special measures regime
  • 9 December 2015
  • Policy paper

Tax on savings and investments

• Dependants' scheme pensions
  • 9 December 2015
  • Policy paper
• Income Tax: personal savings allowance
  • 9 December 2015
  • Policy paper
• Income Tax: changes to dividend taxation
  • 29 June 2016
  • Policy paper
• Netherlands Benefit Act for victims of persecution 1940 to 1945
  • 9 December 2015
  • Policy paper
• Pensions tax: bridging pensions
  • 25 October 2016
  • Policy paper
• Reduction of pensions lifetime allowance
  • 9 December 2015
  • Policy paper
• Stamp Duty and Stamp Duty Reserve Tax: deep In the money options
  • 9 December 2015
  • Policy paper

Tobacco Products Duty

• Tobacco Duty: raw tobacco registration scheme
  • 6 September 2016
  • Policy paper

VAT

• VAT: changes to the reduced rate for energy saving materials
  • 9 December 2015
  • Policy paper
• VAT: Isle of Man charities
  • 9 December 2015
  • Policy paper
• VAT: power to provide refunds to certain persons
  • 9 December 2015
  • Policy paper
• VAT: zero-rating of women’s sanitary products
  • 24 March 2016
  • Policy paper

Published 25 November 2015
Last updated 21 July 2016 + show all updates

1. 21 July 2016

   Updated: Finance Bill 2016: Report stage

2. 28 June 2016

   Updated with 'Finance Bill 2016: Public Bill Committee' Updated with: Amendment 184 to Clause 77: Employee shareholder shares: limit on exemption

3. 14 June 2016

   Updated: Finance Bill 2016: Committee of the Whole House

4. 25 November 2015

   First published.