Finance Bill 2006

Public bill · Government · Presented

Finance Bill 2006 changes a wide range of taxes and duties. It increases income-tax bands and several credits, raises some allowances, supports pension saving and childcare, reduces betting duty and certain heating-fuel taxes, and encourages some biofuel use. It also limits tax advantages for very high earners and large pension funds, closes or phases out several property tax-relief schemes, strengthens anti-avoidance and tax-reporting rules, and updates VAT, stamp duty, capital acquisitions tax and business taxation.

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 23 April 2018