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The Finance Act 2017 has received Royal Assent and now all is quiet due to the pre-election purdah. We do have some news and case write ups for you, together with more updated guides in our database.
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Hello
The Finance Act 2017 has received Royal Assent and now all is quiet due to the pre-election purdah. We do have some news and case write ups for you, together with more updated guides in our database.
Finance (No 2) Bill 2017 received Royal Assent on 27 April 2017, becoming Finance Act 2017 and parliament was dissolved on 3 May 2017.
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Another exciting week in the world of tax. We have seen over half the current Finance Bill cut out due to the decision to call an early election. This has left a lot of taxpayers in limbo and it is perplexing that no announcement has been made to offer any comfort to those affected.
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.
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