Finance Bill 2001

Public bill · Government · Presented

The Finance Bill 2001 changes a wide range of taxes and duties. It cuts income-tax rates, increases many tax credits and reliefs, introduces a five-year savings scheme with a government top-up, and makes mortgage and medical-insurance relief available automatically at the time of payment. It also moves taxation to the euro and calendar year, broadens some reliefs for education, charities, carers, renters and families, changes property and business taxes, reduces VAT on certain goods and fuel, supports hybrid vehicles, and modernises excise and customs enforcement.

Formal long title

Bill entitled an Act to provide for the imposition, repeal, remission, alteration and regulation of taxation, of stamp duties and of duties relating to excise and otherwise to make further provision in connection with finance including the regulation of customs

Last updated 12 April 2018