Finance Bill 2020 received Royal Assent on 22 July 2020 and became Finance Act 2020, a day after the government issued the next draft Finance Bill for 2020-21. 

Parliament is now in recess until September. There is widespread anticipation that the Chancellor will hold an extra budget in the late Autumn of 2020.

See our Finance Act 2020: Tax update & rolling planner 2020-21 for details of the changes included in Finance Act 2020, those proposed by draft Finance Bill 2020-21 and current consultations.

External link:

Finance Act 2020

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