Finance Bill 2023-24
Supporting documents for Finance Bill 2023-24, the vehicle for renewing annual taxes, delivering new tax proposals and maintaining administration of the tax system.
Draft legislation published for Finance Bill 2023-24
The government is committed, where possible, to publishing most tax legislation in draft for technical consultation before the relevant Finance Bill is introduced in Parliament.
The consultation on draft clauses is designed to make sure that the legislation works as intended.
The final contents of the next Finance Bill will be a decision for the Chancellor.
Each measure comprises:
- a tax information and impact note (TIIN), which sets out what the policy seeks to achieve, 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 closes on 12 September 2023.