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Finance Act 2005

Finance (No.2) Bill 2005 was published on 6 April 2005 and became the second Finance Bill to be published in 2005. The bill received Royal Assent on 6 April 2005 and became the Finance Act 2005. This page gives a chronological listing of the stages between the presentation of the bill to Royal Assent and sources of further information on the act.

The Finance Act

View the full text of the Finance Act 2005

Summary of Finance Bills and Acts issued in 2005

Bill Publication date Outcome
Finance Bill 2005 26 May 2005 Finance (No.2) Act 2005
Finance (No.2) Bill 2005 6 April 2005 Finance Act 2005
Finance Bill 2005 24 March 2005 Bill withdrawn


TaxGuide 2/06 Finance Act 2005 Representations and HMRC Responses - ICAEW Tax Faculty - Tax Guidance note containing the text of replies from HMRC issued in February 2006 to representations published as TAXREP 23/05 submitted in May 2005 to the Treasury by the Tax Faculty of the ICAEW commenting on Finance Act 2005.

Tax Faculty response to Finance Act 2005 (ICAEW) - full text of the Tax Faculty response to the Finance Act 2005 (published as Technical Release TAXREP 23/05). The response was announced in a Tax Faculty news item on 24 May 2005.

A travesty of democracy (LITRG) - Accounting Web report on comments by the Low Incomes Tax Reforms Group on 11th April 2005 commenting on the lack of scrutiny given to the Finance Act 2005. Their press release contrasts this approach with the two page pre-election Finance Act of 1979.

Tax Faculty warns of system 'falling into disrepute' (Accounting Web) - article published in Accounting Web on 11th April 2005 reporting on the debate in Parliament and the concerns of the Tax Faculty.

Finance Act 2005 - the full text of the Finance Act, which gained royal assent on 7th April 2005, was made available online from HMSO Online: Acts of the UK Parliament 2005 on 8th April 2005.

MPs pass 200 pages of tax law in four hours (Accounting Web) - article published in Accounting Web on 7th April 2005 reporting on the progress of the Finance (No 2) Bill 2005 in the House of Commons.

Committee of the Whole House Proceedings for the Finance (No. 2) Bill

Official Report of the House of Commons (Hansard) - includes the Finance Bill debates in the following edition:

Hansard refers to relevant documents from oral and written evidence taken by the Treasury Committee on 21st and 22nd March, HC 482-i and HC 482-ii, on the 2005 Budget. A set of memoranda were published in relation to these two Treasury Committee hearings.

Government shelves anti-avoidance measures (Accounting Web) - article published on Accounting Web on 6th April 2005 reporting on the measures from the Finance Bill 2005 that have not been included in the Finance (No 2) Bill.

Finance Bill 2005 (Inland Revenue) - dedicated section of the Inland Revenue website which notes the publication of the Finance (No.2) Bill 2005 and states that 'all related Revenue documents can be accessed from this page'.

Explanatory notes and clauses: Finance (No 2) Bill 2005 (HM Treasury) - the explanatory notes and clauses to the Finance (No 2) Bill 2005 are available to download in separate sections from the Treasury website.

Finance (No.2) Bill 2005 - full text of the Finance (No.2) Bill 2005 as published on 6 April 2005 in PDF and HTML formats on the United Kingdom Parliament website.

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans.

You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.


The Library holds an extensive collection of Finance Acts (from the 19th century onwards), Finance Bills (from 1951 onwards), Debates on the Finance Bill as recorded in Hansard, and Standing Committee Debates on the Finance Bills (from 1968 onwards). Alongside this you can also find many publications from the ICAEW and other bodies on the Finance Acts.

We also maintain an online archive of links and resources for Finance Acts 1980–1999 and for Finance Acts 2000–2004.

See LibCat, our online catalogue, for details of our holdings of:

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