Finance Bill 2019 update, 4 February 2019

Feb 04, 2019

The latest Finance Bill had its first reading in the House of Lords last month on 9 January 2019.  However the scheduled date for the second reading and all remaining stages has been pushed out to 7 February 2019 from its first planned date.  The date for Royal Assent has still not yet been published.

The Chancellor of the Exchequer has announced that the Government will respond to the forecast from the Office for Budget Responsibility in a Spring Statement on Wednesday 13 March 2019. Whilst this is not currently expected to contain any tax announcements or changes, it is just weeks away from the UK’s departure from the EU.