Finance Bill 2018

Public bill · Government · Presented

Finance measures here cut some personal tax and USC rates, raise tax credits and income tax bands, and give extra reliefs for carers, public servants, farmers, start-ups and small businesses. It also extends or changes several tax incentives, including help for electric and gas vehicles, childcare, film production, rent-a-room, and farm transfers, while tightening anti-avoidance rules and updating PAYE for real-time reporting. The changes matter because they affect take-home pay, business investment, housing, farming and public revenue across the economy.

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 27 December 2018