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The 2017 Finance Bill

The government has substantially reduced the content of the 2017 Finance Bill in order to ensure that it passes through Parliament in advance of the General Election on June 8.  It now largely consists of the standard annual tax-raising provisions, with a number of previously announced items, perhaps most notably those affecting non-UK domiciliaries, being put on hold.

It is likely that most, if not all, of the provisions omitted at this stage will be enacted after the Election, dependent of course on the outcome!  We will continue to monitor the situation, and comment further as necessary.  In the meantime, if you have any queries please speak to your usual Saffron contact, or get in touch via info@saffrontax.com.