Finance Bill 2017-18 legislates for Autumn Budget tax changes

1 Dec 2017 02:48 PM

The Finance Bill takes steps to help young people with the cost of living, crack down on tax avoidance and evasion, and protect the environment.

Plans to introduce a Stamp Duty Land Tax relief for first-time buyers, back innovative businesses and crack down on tax avoidance and evasion took the next step forward recently (1 December 2017) as the government published the Finance Bill 2017-18.

The Bill will legislate for tax changes announced at Autumn Budget 2017.

Mel Stride, Financial Secretary to the Treasury, said:

The UK must have an economy that is fit for the future and this Finance Bill takes important steps to deliver just that. We are backing the innovative businesses that power our economy, helping our young people to get on the property ladder and making our tax system fairer so that we can continue to fund our vital public services.

This Finance Bill takes steps to benefit young people, helping them with the cost of living and protecting our environment:

It ensures our tax system is fair and collects the money we need for our vital public services by:

And it backs the UK’s innovative businesses and improves productivity by:

Notes to editors

The Finance Bill is published on the website.