We have added a new section for the autumn statement 2012 to the Finance Act 2013 (see 2012-13).
A note containing links to materials published by PLC Private Client about Budgets, autumn statements (from 2010), Pre-Budget Reports (before 2010), and Finance Acts and Bills.
This note contains links to PLC Private Client resources relating to Budgets, autumn statements (from 2010), Pre-Budget Reports (before 2010), and Finance Acts and Bills. These include:
Summaries of key tax announcements for private client practitioners.
Legislation trackers, so that you can follow the progress of:
Finance Bills as a whole through Parliament.
Specific measures of interest to private client practitioners from announcement to enactment.
For an explanation of how the announcements made in the Budget become law, see Practice note, How the Budget becomes law (www.practicallaw.com/5-383-4557).
See Private client tax legislation tracker 2012-13 (www.practicallaw.com/1-521-3538) to follow the progress of:
The Finance Bill 2013 as a whole through Parliament.
Specific measures of interest to private client practitioners.
This tracker includes links to primary sources, all our legal updates on each item and comments published by professional bodies.
To follow the progress of business tax legislation, or non-tax legislation of interest to private client practitioners, see Other legislation trackers.
The Finance Bill 2013 was published on 28 March 2013. For measures of interest to private client practitioners, see Legal update, Finance Bill 2013 published: private client tax measures (www.practicallaw.com/9-525-4799).
To follow the progress of:
Individual measures of interest to private client practitioners, see Private client tax legislation tracker 2012-13: Private client measures (www.practicallaw.com/1-521-3538).
The Bill as a whole, see Private client tax legislation tracker 2012-13: Bill as a whole (www.practicallaw.com/1-521-3538).
For other measures, see:
PLC Tax, Legal update, Finance Bill 2013: first version published (www.practicallaw.com/3-525-4189).
PLC Pensions, Legal update, Finance Bill 2013: pensions provisions (www.practicallaw.com/3-522-3744).
The government published draft clauses for the Bill on 11 December 2012. See Legal updates:
Draft Finance Bill 2013 legislation: key private client measures (www.practicallaw.com/1-523-0694).
Draft Finance Bill 2013 legislation: key business tax measures (www.practicallaw.com/7-523-0511).
Draft Finance Bill 2013 legislation: key property implications (www.practicallaw.com/1-523-1127).
Finance Bill 2013: pensions clauses: the main points (www.practicallaw.com/1-523-1269).
Finance Bill 2013: implications for finance lawyers (www.practicallaw.com/4-523-1036).
Draft Finance Bill 2013: environmental implications (www.practicallaw.com/9-523-1996).
The Chancellor, George Osborne, delivered the Budget on 20 March 2013.
For announcements of interest to private client practitioners, see Legal update, 2013 Budget: key private client tax announcements (www.practicallaw.com/3-525-1553).
For business tax announcements, see Legal update, 2013 Budget: key business tax announcements (www.practicallaw.com/0-525-2318). For announcements in other practice areas, see PLC 2013 Budget.
For comment by practitioners, see Article, 2013 Budget: Plan A gets a facelift (www.practicallaw.com/1-525-1441).
The Chancellor, George Osborne, delivered the autumn statement on 5 December 2012.
For announcements of interest to private client practitioners, see Legal update, 2012 Autumn Statement: private client implications (www.practicallaw.com/2-522-8761).
For other announcements, see Legal updates:
2012 Autumn Statement: business tax implications (www.practicallaw.com/2-522-7686).
2012 Autumn Statement: property implications (www.practicallaw.com/1-522-8785).
2012 Autumn Statement: pensions implications (www.practicallaw.com/9-522-8847).
2012 Autumn Statement: share schemes & incentives aspects (www.practicallaw.com/6-522-8938).
2012 Autumn Statement: finance implications (www.practicallaw.com/0-522-8314).
2012 Autumn Statement: financial services implications (www.practicallaw.com/3-522-8831).
2012 Autumn Statement: construction implications (www.practicallaw.com/5-522-8415).
2012 Autumn Statement: environmental implications (www.practicallaw.com/3-522-8421).
2012 Autumn Statement: PFI reform (www.practicallaw.com/2-522-8836).
2012 Autumn Statement: implications for IP, IT and communications (www.practicallaw.com/6-522-9645).
2012 Autumn Statement: competition and regulatory implications (www.practicallaw.com/8-522-9003).
2012 Autumn Statement: key employment law implications (www.practicallaw.com/9-522-9502).
See Private client tax legislation tracker 2011-12 (www.practicallaw.com/6-508-1880) to follow the progress of:
The Finance Bill 2011 as a whole through Parliament.
Specific measures of interest to private client practitioners.
This tracker includes links to primary sources, all our legal updates on each item and comments published by professional bodies.
To follow the progress of business tax legislation, or non-tax legislation of interest to private client practitioners, see Other legislation trackers.
The Finance Act 2012 received Royal Assent on 17 July 2012. For the measures of interest to private client practitioners, see Legal update, Finance Bill 2012 published: private client tax measures (www.practicallaw.com/9-518-7154). To follow the progress of these measures and the Bill as a whole, see Private client tax legislation tracker 2011-12.
For other measures, see Legal updates:
Finance Bill 2012: first version published (www.practicallaw.com/5-518-7226) (business tax measures).
Finance Bill 2012: employer asset-backed pension contributions (www.practicallaw.com/7-518-7188).
Finance Bill 2012: implications for finance lawyers (www.practicallaw.com/9-518-7432).
We refer to the Bill as the Finance Bill 2012 because it became the Finance Act 2012 on Royal Assent. However, its official title was the Finance Bill 2010-12 to 2012-13. When first introduced, it was known as the Finance (No 4) Bill 2010-12, because it was the fourth Finance Bill to be introduced in the Parliament that began after the general election in May 2010.
The government published draft clauses for the Bill on 6 December 2011. See Legal updates:
Draft Finance Bill 2012 legislation: key private client measures (www.practicallaw.com/9-515-2668).
Draft Finance Bill 2012 legislation: key business tax measures (www.practicallaw.com/6-515-2146).
Draft Finance Bill 2012 legislation: finance implications (www.practicallaw.com/1-515-4609).
Draft Finance Bill 2012: implications for IP (www.practicallaw.com/2-515-5769).
The Chancellor, George Osborne, delivered the Budget on Wednesday 21 March 2012.
For the key announcements of interest to private client practitioners, see Legal update, 2012 Budget: key private client tax announcements (www.practicallaw.com/9-518-5522).
For Budget documents, see Legal update, 2012 Budget: links to HMRC and HM Treasury materials (www.practicallaw.com/4-518-4582).
For coverage by other PLC services, see Legal updates:
2012 Budget: key business tax announcements (www.practicallaw.com/9-518-4532).
2012 Budget: property implications (www.practicallaw.com/0-518-5418).
2012 Budget: key pensions issues (www.practicallaw.com/1-518-5564).
2012 Budget: EMI options: increase in individual limit and extension of entrepreneurs' relief to EMIs (www.practicallaw.com/5-518-5741) and 2012 Budget: tax developments relevant to share schemes (www.practicallaw.com/4-518-5770).
2012 Budget: financial services implications (www.practicallaw.com/6-518-5873).
2012 Budget: implications for finance lawyers (www.practicallaw.com/7-518-5542).
Budget 2012: implications for IP, IT and communications (www.practicallaw.com/8-518-5891).
2012 Budget: construction industry implications (www.practicallaw.com/7-518-5410).
2012 Budget: environmental announcements (www.practicallaw.com/4-518-5421).
2012 Budget: key points for employment lawyers (www.practicallaw.com/3-518-5921).
2012 Budget: implications for the public sector (www.practicallaw.com/6-518-5401).
The Chancellor, George Osborne, delivered his autumn statement on Tuesday 29 November 2011.
For PLC's coverage, see Legal updates:
2011 Autumn Statement: private client implications (www.practicallaw.com/6-514-1209).
2011 Autumn Statement: business tax implications (www.practicallaw.com/5-513-9508).
2011 Autumn Statement: property implications (www.practicallaw.com/7-514-0935).
2011 Autumn Statement: financial services implications (www.practicallaw.com/3-514-2328).
2011 Autumn Statement: construction implications (www.practicallaw.com/1-514-0896).
2011 Autumn Statement: environmental implications (www.practicallaw.com/6-514-1134).
See Private client tax legislation tracker 2010-11 (www.practicallaw.com/2-504-0028) to follow the progress of:
The Finance Bill 2011 as a whole through Parliament.
Specific measures of interest to private client practitioners.
This tracker contains links to primary sources, all our legal updates on each item and comments published by professional bodies.
To follow the progress of business tax legislation, or non-tax legislation of interest to private client practitioners, see Other legislation trackers.
The Finance Act 2011 received Royal Assent on 19 July 2011. To follow the progress of the Bill as a whole and specific measures of interest to private client practitioners, see Private client tax legislation tracker 2010-11 (www.practicallaw.com/2-504-0028).
We refer to the Bill as the Finance Bill 2011 because it became the Finance Act 2011 on enactment. However, its official title was the Finance (No 3) Bill 2010-11, because it was the third Finance Bill to be introduced in the Parliament formed following the general election in May 2010.
The Chancellor, George Osborne, delivered the Budget at 12.30 pm on Wednesday 23 March 2011.
For the key announcements of interest to private client practitioners, see:
For Budget documents, see:
For coverage by other PLC services, see Legal updates:
2011 Budget: key business tax announcements (www.practicallaw.com/6-505-3575). For comment by leading tax practitioners on the key points of interest for business, see Article, 2011 Budget: Keep calm and carry on (www.practicallaw.com/4-505-4000).
2011 Budget: property implications (www.practicallaw.com/8-505-3353).
Budget 2011: key pensions issues (www.practicallaw.com/6-505-3783).
2011 Budget: tax developments relevant to share schemes (www.practicallaw.com/8-505-3782).
2011 Budget: financial services implications (www.practicallaw.com/9-505-3668).
2011 Budget: implications for the public sector (www.practicallaw.com/4-505-3680).
2011 Budget: construction industry implications (www.practicallaw.com/3-505-3666).
2011 Budget: environmental announcements (www.practicallaw.com/8-505-3616).
The Chancellor met the requirement for a Pre-Budget Report by way of his autumn statement on Monday 29 November 2010, in which he responded to forecasts by the Office of Budget Responsibility published that day. The statement contained no new announcements of interest to private client practitioners (see Legal update, Autumn statement 2010: no new private client measures (www.practicallaw.com/2-504-0815)).
For coverage by other PLC services, see Legal updates:
Autumn statement 2010: property implications (www.practicallaw.com/2-504-0636).
Autumn statement 2010: local government implications (www.practicallaw.com/3-504-0787).
Autumn statement 2010: no new environmental announcements (www.practicallaw.com/6-504-0719).
There will be no requirement for Pre-Budget Reports in future years (see Private client legislation tracker: Budget Responsibility and National Audit Act 2011 (www.practicallaw.com/7-383-4113)).
See Private client tax legislation tracker 2009-10 (www.practicallaw.com/1-500-9392) to follow the progress of:
Finance Bills introduced in 2010 as a whole through Parliament.
Specific measures of interest to private client practitioners.
This tracker contains links to primary sources, all our legal updates on each item and comments published by professional bodies.
To follow the progress of business tax legislation, or non-tax legislation of interest to private client practitioners, see Other legislation trackers.
Three Finance Acts were enacted in n 2010:
The Finance Act 2010 received Royal Assent on 8 April 2010. It was introduced by the Labour government and enacted before the election on 6 May 2010.
The Finance (No. 2) Act 2010 received Royal Assent on 27 July 2010. It enacted the coalition government's key priorities after the election. We refer to the Bill before Royal Assent as the Finance (No. 2) Bill 2010. However, during its passage through Parliament it was known as the Finance Bill 2010-11, because it was the first Finance Bill to be introduced in the new Parliament following the general election in May 2010.
The Finance (No. 3) Act 2010 received Royal Assent on 16 December 2010. It enacted tax measures announced by the Labour government that the coalition government chose to adopt. We refer to the Bill before Royal Assent as Finance (No. 3) Bill 2010. However, during its passage through Parliament it was known as the Finance (No. 2) Bill 2010-11, because it was the second Finance Bill to be introduced in the new Parliament following the general election in May 2010. The government also referred to it as the Autumn Finance Bill.
To follow the progress of the Bills as a whole and specific measures of interest to private client practitioners, see Private client tax legislation tracker 2009-10 (www.practicallaw.com/1-500-9392).
The coalition government Chancellor, George Osborne, delivered an Emergency Budget on 22 June 2010.
For a summary of items in the Budget that are of interest to private client practitioners, see Legal update, June 2010 Budget: key private client tax announcements (www.practicallaw.com/2-502-5607).
For primary sources, see Legal update, June 2010 Budget: links to HMRC and HM Treasury materials (www.practicallaw.com/1-502-5721).
For tax practitioner comment, see Article, June 2010 Budget: the second half (www.practicallaw.com/0-502-5302).
For summaries of related announcements, see the following legal updates:
June 2010 Budget: key business tax announcements (www.practicallaw.com/5-502-5267);
June 2010 Budget: property implications (www.practicallaw.com/4-502-5404);
June 2010 Budget: pensions (www.practicallaw.com/2-502-5810); and
PLC Share Schemes & Incentives: June 2010 Budget e-mail (www.practicallaw.com/4-502-5786).
For a list of updates published by all PLC services, see PLC post-election coverage (select the June 2010 Budget tab).
The Labour government Chancellor, Alistair Darling, delivered the Budget on 24 March 2010.
For a summary of items in the Budget that are of interest to private client practitioners, see Legal update, March 2010 Budget: key private client tax announcements (www.practicallaw.com/4-501-7480).
For primary sources, see Legal update, March 2010 Budget: links to HMRC and HM Treasury materials (www.practicallaw.com/6-501-7484).
For summaries of other announcements, see the following legal updates:
March 2010 Budget: key business tax announcements (www.practicallaw.com/4-501-6433).
March 2010 Budget: implications for property (www.practicallaw.com/5-501-7837).
March 2010 Budget: pensions (www.practicallaw.com/1-501-7943).
PLC Share Schemes & Incentives: March 2010 Budget (www.practicallaw.com/1-501-7486).
For comments by leading practitioners, see Article, March 2010 Budget: practitioner comments (www.practicallaw.com/7-501-8119).
The Chancellor, Alistair Darling, delivered the Pre-Budget Report on Wednesday 9 December 2009.
For a summary of items in the Pre-Budget Report that are of interest to private client practitioners, see Legal update, 2009 Pre-Budget Report: key private client tax announcements (www.practicallaw.com/0-500-9383).
For summaries of other announcements, see the following legal updates:
See Private client tax legislation tracker 2008-09 (www.practicallaw.com/resource.do?item=:50260532) to follow the progress of:
The Finance Act 2009 as a whole through Parliament.
Specific measures of interest to private client practitioners.
This tracker contains links to primary sources, all our legal updates on each item and comments published by professional bodies.
To follow the progress of business tax legislation, or non-tax legislation of interest to private client practitioners, see Other legislation trackers.
The Finance Act 2009 received Royal Assent on 21 July 2009. To follow the progress of the Bill as a whole and specific measures of interest to private client practitioners, see Private client tax legislation tracker 2008-09 (www.practicallaw.com/9-384-6940).
The Chancellor, Alistair Darling, delivered the Budget on 22 April 2009.
For a summary of items in the Budget that are of interest to private client practitioners, see the following legal updates:
For a summary of other tax announcements in the Budget, see Legal update, 2009 Budget: key tax announcements (www.practicallaw.com/2-385-7946).
The Chancellor, Alistair Darling, delivered the Pre-Budget Report on 24 November 2008.
For a summary of items in the Pre-Budget Report that are of interest to private client practitioners, see Legal update, Pre-Budget Report 2008 (www.practicallaw.com/6-384-2104).
For a summary of other tax announcements in the Pre-Budget Report, see Legal update, Pre-Budget Report 2008: key business tax announcements (www.practicallaw.com/7-383-9988).
For comments by leading practitioners, see Pre-Budget Report 2008: The views of practitioners (www.practicallaw.com/3-384-1238).
For information about Budgets, Pre-Budget Reports and Finance Bills before the 2008 Pre-Budget Report (which was the first following the launch of PLC Private Client), see PLC Tax, Practice note, Budget autumn statement and Finance Bill (www.practicallaw.com/5-376-3630).
To follow the progress of:
Specific business tax measures, see PLC Tax legislation trackers (www.practicallaw.com/4-380-9624).
HMRC's Modernising Powers, Deterrents and Safeguards review, see Penalties, compliance and powers reforms: legislation tracker (www.practicallaw.com/7-385-1046).
Non-tax legislation of interest to private client practitioners, see Private client legislation tracker (www.practicallaw.com/7-383-4113).