Scanning horizons

Bill Dodwell brings us up to date on what’s happening with the Summer Finance Bill

‘Where’s the Summer Finance Bill?’ was the frequent cry of tax advisers, wondering whether five hundred pages of legislation were going to return after the June General Election. It turned out that the new ministers at the Treasury needed time to absorb its provisions and make decisions on how to take it forward. On 13 July, new Financial Secretary Mel Stride announced that the Bill would be introduced in the House of Commons after the summer recess. The House of Commons returns on 5 September and a day later the provisional order of business sets out a ‘Motion to approve Ways and Means Resolutions on the forthcoming Finance Bill’, following Prime Minister’s Questions. No doubt we should expect the Bill to be published that afternoon.