Autumn Finance Bill 2022 published and had first reading

24 November 2022

Following the Autumn Statement, many of the measures announced require legislation to bring them into law.

The Bill was introduced on 22 November 2022 into the house of commons and is due to get its second reading on 28 November 2022. Following this it will go to committee and report stage on 30 November, as long as no amendments to the bill are required.

The bill introduces measure for:

  • the energy profits levy
  • amending the threshold for the additional rate of income tax
  • reducing the dividend allowance
  • changes to the vehicle excise duty and company car tax rates
  • freezing income tax thresholds for a further 2 years
  • research and development tax relief reforms.

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