Please enter your email address to receive a password reminder.
Log into Tax-News+
The UK Government has released draft legislation to implement measures announced in previous budgets and the Autumn Statement.
The draft Finance Bill 2017 will:
Finance Bill 2017 will also legislate for additional measures to tackle tax evasion, avoidance, and aggressive tax planning by:
The Government is also looking to go further by consulting on a new requirement for the creators of offshore structures to register them with HM Revenue and Customs.
Finally, the Bill will include provisions for the new soft drinks industry levy, update the rules around how companies claim tax deductions for interest expenses and losses, and reform the rules around salary sacrifice.
A consultation on the draft legislation will run until February 1, 2017. Final details will be confirmed in next year's Budget.
IMPORTANT NOTICE: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
All rights reserved. © 2017 Wolters Kluwer