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Have your say on the Finance (No.2) Bill

19 November 2021

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Do you have relevant expertise and experience or a special interest in the Finance (No.2) Bill 2021-22, which is currently passing through Parliament?

If so, you can submit your views in writing to the House of Commons Public Bill Committee which is going to consider this Bill.

The Public Bill Committee is now able to receive written evidence. The sooner you send in your submission, the more time the Committee will have to take it into consideration.

The Public Bill Committee will scrutinise the Bill line by line. The first sitting of the Public Bill Committee is expected to be on Tuesday 14 December and the Committee is scheduled to report by Thursday 13 January 2022. However, please note that when the Committee concludes its consideration of the Bill it is no longer able to receive written evidence and it can conclude earlier than the expected deadline of 5.00pm on Thursday 13 January 2022. You are strongly advised to submit your written evidence as soon as possible.

Aims of the Bill

The Finance (No.2) Bill 2021-22 was published on 4 November. The Bill’s Explanatory Notes and full details of the Bill’s scrutiny to date are collated on its Bill page on the Parliament site. The Bill received a second reading on Tuesday 16 November. 

Selected clauses from the Bill are debated by the Committee of the Whole House at the start of the Bill’s Committee stage.  In the case of the current Bill, this debate is scheduled for Wednesday 1 December.

The selection of clauses is set out in a programme motion, which was agreed by the House at the conclusion of the Bill’s second reading on 16 November.

The remaining clauses and schedules will be debated in a Public Bill Committee, which is expected to begin its scrutiny of the Bill on Tuesday 14 December. This includes:

  • Clauses 1-3 and 5: Income tax charge, rates etc
  • Clauses 9-11: Pensions
  • Clause 13: Structures and buildings allowances: allowance statements
  • Clauses 14 and 15: Reliefs for investments
  • Clauses 16-22: Creative reliefs
  • Clauses 24-26: International matters (including Cross-border group relief and Tonnage tax)
  • Clauses 29 and 30: Changes in accounting standards etc
  • Clause 31: Expanded dormant assets
  • Clauses 32-52: Residential Property Developer Tax
  • Clause 67: Stamp duty and stamp duty reserve tax
  • Clause 72: Insurance premium tax
  • Clauses 73-74: Import duty
  • Clause 75: Fuel duties
  • Clause 76: Tobacco products duty
  • Clauses 77-79: Vehicle taxes
  • Clause 80: Gaming duty
  • Clause 81: Penalties relating to excise duty
  • Clauses 82-83: Environmental taxes
  • Clause 94: Large businesses: notification of uncertain tax treatment
  • Clauses 95-97: Discovery assesments etc
  • Clause 98: Temporary powers in disaster or emergency
  • Clause 99: Vehicle CO2 emissions certificates
  • Clause 100: Increase in membership of the Office of Tax Simplification
  • Schedule 2-11
  • Schedule 15-16

Follow the progress of the Finance (No.2) Bill

The Finance (No.2) Bill 2021–22 was introduced to the House of Commons on 2 November 2021. Second reading was held on 16 November 2021.

Guidance on submitting written evidence

Deadline for written evidence submissions

The Public Bill Committee is now able to receive written evidence. The sooner you send in your submission, the more time the Committee will have to take it into consideration and possibly reflect it in an amendment. The order in which amendments are taken in Committee will be available in due course under Selection of Amendments on the Bill documents pages. Once the Committee has dealt with an amendment it will not revisit it.

The first sitting of the Public Bill Committee is expected to be on Tuesday 14 December and the Committee is scheduled to report by Thursday 13 January 2022. However, please note that when the Committee concludes its consideration of the Bill it is no longer able to receive written evidence and it can conclude earlier than the expected deadline of 5.00pm on Thursday 13 January 2022. You are strongly advised to submit your written evidence as soon as possible.

What should written evidence cover?

Your submission should address matters contained within the Bill and concentrate on issues where you have a special interest or expertise, and factual information of which you would like the Committee to be aware.

Your submission could most usefully:

  • suggest amendments to the Bill, as long as they are within the scope of the founding resolutions agreed to by the House on 2 November, with supporting explanation; and
  • (when amendments are published) support or oppose amendments tabled to the Bill by Members of Parliament, with supporting explanation

It is helpful if the submission includes a brief introduction about you or your organisation. The submission should not have been previously published or circulated elsewhere.

Your submission should be emailed to scrutiny@parliament.uk

Further guidance on submitting written evidence can be found here.

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