The draft Finance Bill 2013 clauses are due on 11 December 2012, a date which some commentators are now calling “legislation day” under the coalition’s announce-consult-publish-enact tax law cycle.
In a written ministerial statement David Gauke confirmed that the draft clauses will be published alongside draft explanatory notes and tax information and impact notes.
Coming six days after the Autumn Statement (5 December), the clauses will put in motion many of the measures announced last March that have been subject to consultation over the course of the summer.
About Robert Lovell
Business and finance journalist