UK publishes Autumn Finance Bill 2. EYThe UK Autumn Finance Bill 2. Corporation tax interest relief. Corporation tax loss relief Substantial shareholding exemption Taxation of non domiciles. It is also one of the most long awaited Finance Bills in recent years. Having started as draft clauses last December with the above reforms having been subject to consultation well before that, the contents were originally included in the Finance Bill 2. March. Most of the Bills measures were then withdrawn in late April following the announcement of the snap General Election in June, in order to enable essential provisions and a few other measures to be enacted prior to Parliaments dissolution at the end of April. The promise was that the remaining provisions would be re introduced after the Election, but with the Conservatives failing to secure a majority government there was then some uncertainty as to how many of the provisions would survive, and whether the original April 2. The commencement dates of the provisions in the Bill, published on 8 September 2. March. Some legislative changes were announced in July when revised draft clauses were published,2 and some further changes were seen in the provisions published on 8 September. However, the thrust of the main provisions, particularly those highlighted above, seems to have remained broadly the same. The UK Autumn Finance Bill 20171 contains a number of major business and personal taxation measures, including reforms to. Google Alerts. Google Alerts is a free online tool that allows you to track your chosen keywords and phrases so that you never miss another important conversation. Contact your MP or a Member of the House of Lords about an issue that matters to you. Lords Of Finance Pdf' title='Lords Of Finance Pdf' />Changes to commencement dates include Making Tax Digital, where following concerns over the original proposals, the Government announced in July a new delayed timetable for implementation, such that businesses with a turnover above the valued added tax VAT threshold will only now be required to keep digital records for VAT purposes from April 2. Also, the extension of the disclosure regime for VAT and other indirect taxes has been put back to 1 January 2. Having had its publication delayed until after Parliament returned from its summer recess on 5 September, there is little time for the Bill to be enacted. The second reading of the Bill will take place on 1. The Carter 3 Rapidshare Link on this page. September, and Parliament will then rise for its annual party conference recess between 1. September and 9 October, with a further November recess between 7 and 1. Lords Of Finance Pdf' title='Lords Of Finance Pdf' />2 Economic Commission for Europe UNECE, Geneva former Prime Minister and Minister of Finance of Poland former AmbassadoratLarge and Chairman, Council for. This is a list of members of the House of Lords, the upper house of the Parliament of the United Kingdom. COMMERCIAL FRAUD CIVIL LIABILITY. A presentation at 39 Essex Street on 03. JONATHAN BELLAMY. ESSEX STREET. LONDON WC2R 3AT. Editor, H. S. 20022002. BAR 1701 JanFeb 1991. Biblical Archaeology Society. Grisly Assyrian Record of Torture and Death By Erika Belibtreu. November. If the Bill is to be enacted before the Chancellors first Autumn Budget which is expected to take place sometime after 1. November then the Bill will have to have completed its passage through the House of Commons by the end of October, in order to give sufficient time for it to pass through the Lords and receive Royal Assent before 7 November. This would give the Bill approximately four weeks of parliamentary scrutiny time, which is around half the time normally set aside to analyze its provisions. Nevertheless, assuming this is indeed the legislative timetable, this would mean that the Bill would complete its Report Stage in the House of Commons, and so become substantively enacted for accounting purposes, by around the end of October. Accordingly, companies reporting under UK Generally Accepted Accounting Principles GAAP or International Financial Reporting Standards after that date would have to take into account the provisions of the Bill. Companies reporting under US GAAP would take account of the provisions on enactment, expected in November. The provisions, together with their planned commencement dates, have been summarized in the table below. Endnotes. 1. Formally, Finance Bill 2. See EY Global Tax Alert, UK Government announces plans to introduce Finance No. Bill 2. 01. 7, dated 1. July 2. 01. 7. Provision. Commencement date. Tax rates. Dividend nil rate for tax year 2. April 2. 01. 8Income tax. Money purchase allowance reduction to 4,0. April 2. 01. 7Trading and property income allowances of 1,0. April 2. 01. 7Life insurance policies just and reasonable recalculation of disproportionate gains. Royal Assent. Personal portfolio bonds extension of permitted investments. Royal Assent. EIS and SEIS changes. December 2. 01. 6VCT amendments. Nexstar Cx Driver. April 2. 01. 7Social investment tax relief. April 2. 01. 7Business investment relief extension of scope. April 2. 01. 7New valuation rules for benefits received from trustees for loans, moveable property and land. April 2. 01. 7Domicile. Deemed domicile income and capital gains tax. April 2. 01. 7Deemed domicile inheritance tax. April 2. 01. 7Inheritance tax on UK residential property. April 2. 01. 7Corporation tax. Loss relief rules. April 2. 01. 7 1. July in certain casesCorporate interest restriction. April 2. 01. 7Substantial shareholding exemption reform. April 2. 01. 7Patent Box cost sharing arrangements. April 2. 01. 7Hybrids and other mismatches. January 2. 01. 7 1. July for foreign tax definition amendmentsNorthern Ireland trading profits expansion of definition of Northern Ireland company. From commencement of NI tax rate. Museums and galleries relief. April 2. 01. 7Tax relief for contributions to grassroots sport. April 2. 01. 7Petroleum Revenue Tax oil fields election. November 2. 01. 6First year allowances for electric charging points. November 2. 01. 6 ends 2. Simplified capital allowances for investors in co ownership authorised contractual schemes. April 2. 01. 7Chargeable gains. Carried interest gains. July 2. 01. 5Elections on assets appropriated to trading stock. March 2. 01. 7Employment Taxes. Disguised remuneration Employment income through third parties. April 2. 01. 7Disguised remuneration Trading income through third parties. April 2. 01. 7Disguised remuneration Restriction of income tax relief. April 2. 01. 7Disguised remuneration Restriction of corporation tax relief. April 2. 01. 7Disguised remuneration Relevant tax payments relief. July 2. 01. 7Termination payments amendments6 April 2. Time limit for making good on taxable benefits not accounted for in real time through PAYE6 April 2. Company car tax percentage for ultra low emission vehicles. April 2. 02. 0Automated PAYE arrangements. April 2. 01. 8Exemption for pensions advice of 5. April 2. 01. 7Deduction for employee legal expenses. April 2. 01. 7Trading and property business income. Calculation of profits cash basis6 April 2. Trading indeveloping UK land taxing all profits arising onafter 8 March 2. March 2. 01. 7Indirect Taxes. Air Passenger Duty rates. April 2. 01. 8Increased Gaming duty bands. April 2. 01. 7Remote gaming duty free plays made chargeable. August 2. 01. 7Licensing scheme for owners and lessees of tobacco products manufacturing machinery. Effective by regulation but 2. Fulfilment House Due Diligence Scheme for certain fulfilment housesonline marketplaces. Effective by regulation but 2. Landfill tax taxable disposal definitions. Removed from Bill. Administration. Digital reporting for income tax. Effective by regulation but April 2. Digital reporting for VAT1 April 2. Partial closure notices. Line Of Vietnam. Royal Assent. Penalties for enablers of defeated tax avoidance. Royal Assent. Disclosure of tax avoidance schemes VATother indirect taxes. January 2. 01. 8Requirement to correct offshore tax non compliance. April 2. 01. 7Penalties for VAT fraud. Royal Assent. Data gathering from money services businesses. Royal Assent. Errors in taxpayers documents. April 2. 01. 7Customs enforcement powers extension. Removed from Bill. EYG no. 0. 51. 00 1.