Key measures dropped from Finance Bill
The Finance Bill has been passed through Parliament in record time with very little debate. To avoid extended arguments with opposition parties a number of clauses were dropped.
If Labour are re-elected the dropped clauses will form part of a second Finance Bill that will also include those Budget announcements that were not in the first Finance Bill.
The key Budget proposals dropped from the Finance Bill were:
- The increased duty on cider (clause 9)
- The abolition of the special rules related to Furnished Holiday Lettings (clause 65)
- The new landline duty on phone lines to pay for super-fast broadband (clause 23)
- The obligation to provide security for payment of PAYE (clause 58)