Finance Bill 2014
The Finance Bill 2014 was presented to Parliament on 25 March 2014. The Bill contains the legislation for many of the tax measures that have been announced by the Government. This Bill has now completed its committee stage and is awaiting its report stage on the floor of the House.
The Bill will then go through one further stage in the House of Commons before proceeding through a further process in the House of Lords prior to becoming an Act of Parliament.
The Finance Bill is the first Finance Bill of the 2014-15 session. The title has changed from Finance (No. 2) Bill 2013-14 to Finance Bill 2014-15. Upon Royal Assent it will become known as the Finance Act 2014.