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Finance Bill 2022-23: L-Day Update

Statement made on 5 July 2022

Statement UIN HCWS180

Statement

The Government will introduce the Finance Bill following the next Budget.

In line with the approach to tax policy making set out in the government’s documents ‘Tax Policy Making: a new approach’, published in 2010, and ‘The new Budget timetable and the tax policy making process’, published in 2017, the Government is committed, where possible, to publishing most tax legislation in draft for technical consultation before the legislation is laid before Parliament.

The Government will publish draft clauses for the next Finance Bill, which will largely cover pre-announced policy changes, on 20 July along with accompanying explanatory notes, tax information and impact notes, responses to consultations and other supporting documents. All publications will be available on the gov.uk website.

Statement from

Treasury

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This statement has also been made in the House of Lords

Treasury
Finance Bill 2022-23 L-Day Update
Baroness Penn
Lords Spokesperson
Conservative, Life peer
Statement made 5 July 2022
HLWS175
Lords