David Winch
Director
Bartfields Forensic Accountants Ltd
Share this content
4
2171

Parliamentary 'wash up' - Finance Act 2017 etc

Bills not passed before parliament is dissolved will be lost

We now enter parliamentary 'wash up'.  Any bills which do not complete all parliamentary stages before parliament is dissolved, which I understand will be on 3 May, will be lost (but could be reintroduced from scratch after the election).

So now deals must be done to speedily pass - or drop - any bills currently in the process of parliamentary consideration.  Those deals might involve removing any contentious proposals.

One such bill is the planned Finance Act 2017.

Another is the (much less controversial) Criminal Finances Bill to amend the Proceeds of Crime Act 2002 and related legislation.  Personally I am more interested in the Criminal Finances Bill.  I expect it to pass its final stages quickly without significant amendment (as all the main parties support what is in it - the opposition parties want to put additional powers in it, but that will not happen).

The future of the Finance Act 2017 is less easy to predict. Enjoy!

David

Replies

Please login or register to join the discussion.

18th Apr 2017 17:06

So MTD might be dead, but just doesn't know it yet?

Thanks (1)
By DJKL
to Tim Vane
18th Apr 2017 17:12

It is an ex bill, it has ceased to be, expired.... its ******* snuffed it.

Thanks (0)
to DJKL
18th Apr 2017 17:47

I can't see a Finance Bill which weighs more than me being adopted in toto inside a fotnit.

If it's so easy, you have to wonder what MPs do when there's no General Election.

Thanks (0)
avatar
21st Apr 2017 10:03

It has been announced that FA 2017 Royal Assent will be before Parliament dissolves on 3.5.17.

Thanks (0)
to Justin Bryant
21st Apr 2017 10:13

But how heavy will it be ?

I'm guessing there'll be a lot less pages in the Act than there were in the Bill.

Thanks (0)
avatar
to lionofludesch
21st Apr 2017 10:36

There is nothing to indicate that, so I think your guess is wrong.

Thanks (0)
to Justin Bryant
21st Apr 2017 10:42

We'll see.

It's happened at every other snap election in living memory so I expect I'm not wrong.

Thanks (0)
By Ruddles
to lionofludesch
21st Apr 2017 10:47

I'm not a betting person but if I were my money would be on you, Lion.

Thanks (0)
By Ruddles
to Justin Bryant
26th Apr 2017 08:24

Justin Bryant wrote:

There is nothing to indicate that, so I think your guess is wrong.

I would suggest that an apology is in order.

Thanks (0)
By Ruddles
to lionofludesch
21st Apr 2017 10:46

I think you meant 'fewer' :)

Thanks (0)
to Ruddles
21st Apr 2017 10:59

Doh !

So I did.

Thanks (0)
26th Apr 2017 09:02

There is a new version of the Finance Bill available online. There are 148 pages - 63 sections and 11 schedules. The original Bill was 760 pages - 135 sections and 29 schedules. So fewer than 20% of what it was.

The soft drinks industry levy survived but there is no mention of MTD!

https://www.publications.parliament.uk/pa/bills/lbill/2016-2017/0128/171...

Thanks (0)
Share this content