ICAEW.com works better with JavaScript enabled.

Budgets and legislation

Find information and Tax Faculty analysis on the latest UK Budget and finance legislation, as well as details of historic announcements, Finance Bills and Acts.

In this section

Finance Act 2019

The Finance Act 2019 received Royal Assent on 12 February 2019. It was originally introduced to Parliament as Finance (No.3) Bill 2018. On this page you can find guidance, parliamentary papers, representations and other commentary on the Bill's progress into law.

Finance (No.2) Act 2017

The Finance (No.2) Act 2017 received Royal Assent on 16 November 2017. It was originally introduced to Parliament as Finance Bill 2017-19. On this page you can find guidance, parliamentary papers, representations and other commentary on the Bill's progress into law.

Finance Act 2017

The Finance Act 2017 received Royal Assent on 27 April 2017. It was originally introduced to Parliament as Finance (No.2) Bill 2016-17. On this page you can find guidance, parliamentary papers, representations and other commentary on the Bill's progress into law.

Finance Act 2016

The Finance Act 2016 received Royal Assent on 15 September 2016. On this page you can find guidance, parliamentary papers, representations and other commentary on the Act's progress through parliament.

Autumn Budget 2017 Report

Technical managers from ICAEW Tax Faculty provide a summary of all the new announcements relating to tax in the Autumn Budget of 2017, covering: business and company tax; personal and employment taxes; pensions and savings; VAT and duties; avoidance, evasion and compliance.

Autumn Statement 2016 Report

ICAEW Tax Faculty provide analysis of the announcements relating to tax in the 2016 Autumn Statement.

TAXguide 06/17- Budget Report

Technical managers from ICAEW Tax Faculty provide a summary of all the new announcements relating to tax in the Spring Budget of 2017, covering: Making Tax Digital; business and company tax; personal and employment taxes; pensions and savings; VAT and duties; avoidance, evasion and compliance.

Latest articles

GIANT change for MTD users

Making Tax Digital for VAT services are now available to all VAT-registered traders except those that use the VAT GIANT (Government Information and NHS Trust) service, says the ICAEW Tax Faculty.

Spring Statement 2019

Jane Moore rounds up the tax items from the Spring Statement 2019, including Making Tax Digital, structures and buildings allowance, tax avoidance and evasion, national minimum wage, apprenticeship levy and forthcoming papers over the rest of the year.

Previous Budget reaction

Read ICAEW's reaction to previous UK Budgets and statements.

UK Budget 2018

On 29 October, Chancellor Philip Hammond presented the 2018 Budget, his last ahead of Brexit. It was a "spending sprinkle", concludes ICAEW's chief executive. Read his full reaction and expert analysis from ICAEW.

Autumn Budget 2017

"Not strong, but stable" - Michael Izza's description of Philip Hammond's second Budget. Read the ICAEW CEO's reaction in full, alongside expert analysis of the implications for tax, business and the UK economy.

UK Spring Budget 2017

Today Philip Hammond will deliver the last Spring Budget ahead of the switch to Autumn Budgets and Spring Statements. ICAEW will be bringing you initial reactions from its CEO, Michael Izza, as well as its technical experts on the implications for businesses, tax and the economy overall.

Latest representations

ICAEW Rep 126/18

HMRC powers and making tax digital for VAT

ICAEW Rep 124/18

Traffic Light Assessment - Autumn Budget 2018