Finance Act 2026

Page 77, line 4, leave out Clause 62

Schedule 12, page 451, line 22, leave out “30 October 2024” and insert “1 March 2027”

Schedule 12, page 452, line 3, leave out “30 October 2024” and insert “1 March 2027”

Schedule 12, page 454, line 17, leave out “30 October 2024” and insert “1 March 2027”

Schedule 12, page 461, line 2, leave out “6 April 2026” and insert “1 March 2027”

Schedule 12, page 461, line 3, leave out sub-paragraphs (2) and (3)

Schedule 12, page 461, line 17, leave out “sub-paragraph (3) will not apply” and insert “the transfer will prove to be an exempt transfer”

Schedule 12, page 461, line 21, leave out from “paragraph” to end of paragraph 17(5)(b) and insert “comes into force on 1 March 2027”

Schedule 12, page 461, line 28, leave out “30 October 2024” and insert “1 March 2027”

Schedule 12, page 452, line 18, leave out “£1 million” and insert “£2.5 million”

Schedule 12, page 450, line 32, leave out “£1 million” and insert “£2.5 million”

Schedule 12, page 451, line 20, leave out “£1 million” and insert “£2.5 million”

Schedule 12, page 445, line 14, leave out “£1 million” and insert “£2.5 million”

Schedule 12, page 454, line 10, leave out “£1 million” and insert “£2.5 million”

Schedule 12, page 454, line 11, leave out “£1 million” and insert “£2.5 million”

Schedule 12, page 461, line 21, leave out from “paragraph” to end of paragraph 17(5)(b) and insert “comes into force on 6 April 2026”

Schedule 12, page 454, line 17, leave out “30 October 2024” and insert “6 April 2026”

Schedule 12, page 452, line 3, leave out “30 October 2024” and insert “6 April 2026”

Schedule 12, page 461, line 3, leave out sub-paragraphs (2) to (4)

Schedule 12, page 451, line 22, leave out “30 October 2024” and insert “6 April 2026”

Clause 146, page 154, line 17, at end insert— “(4A) In determining the “baseline free allocation percentage” in relation to a CBAM sector, ignore any scheme year in which there were no sectoral emissions.”

Clause 138, page 146, line 24, at end insert— “( ) Sections 114(4) (production only in accordance with regulations) and 117(1) (duty to stamp in accordance with regulations) come into force on such day as the Treasury may by regulations appoint.”

Clause 138, page 146, line 27, after “2027” insert “, and have effect in relation to vaping products irrespective of when they were produced or imported”

Clause 225, page 211, line 28, leave out “(d)” and insert “(da)”

Schedule 21, page 514, line 38, at end insert— “(aa) in sub-paragraph (3), for “individual” substitute “person”;”

Clause 225, page 211, line 26, leave out “including a relevant anti-avoidance penalty”

Clause 225, page 211, line 24, leave out “an amount within paragraph (a) or (b)” and insert “a tax payable to HMRC or to national insurance contributions”

Clause 225, page 211, line 27, at end insert— “(da) a civil penalty (not within paragraph (d)) relating to an obligation contained in a provision made by or under any enactment relating to tax;”

To move the following Clause— “Report on charitable investments purpose test

To move the following Clause— “Report on the impact of section 48 (international controlled transactions)

To move the following Clause— “Report on the impact of section 15

To move the following Clause— “Report on legacies to charities

To move the following Clause— “Pillar Two competitive safeguards and review

To move the following Clause— “Report on the impact of section 28

To move the following Clause— “Review of outcome test

To move the following Clause— “Report on tainted charity donations

To move the following Clause— “Review of the impact of section 30

Clause 225, page 212, line 28, leave out paragraph (d)

Clause 225, page 212, line 22, leave out paragraph (a)

Clause 259, page 236, line 4, at end insert— “(1A) After paragraph 5(8) insert—

To move the following Clause— “Report on winter fuel payment charge and related compliance and collection measures

To move the following Clause— “Report on fairness and scope of the loan charge settlement opportunity

To move the following Clause— “Report on implementation customer service standards in relation to sections 253 to 258

To move the following Clause— “Implementing the prohibition of the promotion of certain tax avoidance arrangements

To move the following Clause— “Offshore income gains

To move the following Clause— “Offshore income gains: savings

To move the following Clause— “Pensions: abolition of the lifetime allowance charge

To move the following Clause— “Impact of section 84 (General betting duty charge on remote bets)

To move the following Clause— “Review of operation of the carbon border adjustment mechanism

To move the following Clause— “Impact of changes to gambling duties on the economy of Gibraltar

To move the following Clause— “Uprating of allowance amounts for agricultural property

To move the following Clause— “Review of anti-forestalling provisions relating to Agricultural Property Relief

To move the following Clause— “Review of impact of Act on complexity of the tax system and administrative burdens

To move the following Clause— “Review of cumulative impact on the hospitality sector

To move the following Clause— “Review of the effect of sections 63 to 68

To move the following Clause— “Administration of inherited pension pots

To move the following Clause— “Report on impact of sections 9, 10 and 69

To move the following Clause— “Review of impact on unemployment and youth employment

To move the following Clause— “Review of the impact of tax changes on household finances

To move the following Clause— “Notification of taxpayers affected by frozen thresholds