HM Treasury

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44/09

30 April 2009

Publication of the Finance Bill

In his Budget statement, the Chancellor set out a comprehensive package of targeted support for households and businesses, and a path to fiscal consolidation. Finance Bill 2009, which enacts many of the Budget measures, is published today.

The Financial Secretary to the Treasury, Stephen Timms, said:

“Despite difficulties as a result of the global economic downturn, the government is confident that, by supporting people and businesses now, Britain will be well placed to make the most of the recovery when it comes. Through this Finance Bill we are delivering a comprehensive and coherent package of targeted support to build on support for households and businesses, alongside our strategy for a strong and sustainable recovery.”

The Lobby Notes, published today, briefly describe the clauses and schedules in the Bill and can be found on the HM Treasury website

More detailed Explanatory Notes on clauses are available from Stationery Office bookshops and also on HM Treasury website.

Further details on the Bill will be published on the Parliament website and HM Treasury and HM Revenue & Customs websites as the Bill progresses through Parliament.

Notes for Editors

1. The Bill and the Explanatory Notes are both published by the Stationery Office and will be available in electronic and paper formats. The Finance Bill and Explanatory Notes are both available from Stationery Office bookshops. The Finance Bill is also available from the Parliamentary website (opens in new window).

2. The Leader of the House has announced that Second Reading of the Finance Bill will be held on Wednesday 6 May.

3. Impact Assessments were published on 22 April and can be found on the HM Treasury and HM Revenue & Customs' (opens in new window) websites.

 

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