Finance (No 2) Bill 2017 received Royal Assent on 27 April 2017, becoming Finance Act 2017 and parliament was dissolved on 3 May 2017.

On Wednesday morning HMRC raided football clubs Newcastle United and West Ham United as part of an investigation into tax fraud. It is probably in connection with transfer fees.

Parliament has decided to drop more than half of the Finance (No 2) 2017 Bill: there is unsufficient time to debate the full bill before June's General Election. It also made some amendments and added five new clauses to remaining bill.

The Finance Bill (No 2) 2017, includes all the measures that were omitted from the first Finance Act of 2017. This guide tracks the changes. Finance Bill 2017-19 was published on 1 December 2017.

STOP PRESS: On 25 April 2017 it was confirmed that a large chunk of the bill will be cut.

Prime Minister Theresa May's snap decision to call an early general election on 8 June 2017 leaves the fate of the Finance (No s) Bill 2016/17 hanging in the balance. It may either be rushed through parliament intact but with little parliamentary scrutiny or the more difficult parts of the bill could be omitted.