Finance act
The Finance Act is the primary budgetary legislation introduced annually by the UK government. It sets out measures for each fiscal year in relation to taxation, exemptions, reliefs, duties and so on.
The key changes introduced by the Finance Act are described in a statement by the Chancellor of the Exchequer on budget day (along with details of spending proposals). Changes can also be brought in to close loopholes or as a result of a change of government. Changes will initially be set out in the Finance Bill, which is enacted once it has been given royal assent.
The government aims to confirm the majority of Finance Bill at least three months prior to its introduction to Parliament, publishing draft legislation where possible. The aim of this consultation process is to ensure the proposed legislation works as intended.
The measures to be included in Finance Bill 2014 were confirmed in the budget statement on 19 March 2014 and introduced into Parliament on 25 March 2014.
[edit] Related articles on Designing Buildings Wiki
[edit] External references
- Gov.uk Finance Bill 2014.
- Finance Act 2013.
Featured articles and news
A threat to the creativity that makes London special.
How can digital twins boost profitability within construction?
A brief description of a smart construction dashboard, collecting as-built data, as a s site changes forming an accurate digital twin.
Unlocking surplus public defence land and more to speed up the delivery of housing.
The Planning and Infrastructure bill oulined
With reactions from IHBC and others on its potential impacts.
Farnborough College Unveils its Half-house for Sustainable Construction Training.
Spring Statement 2025 with reactions from industry
Confirming previously announced funding, and welfare changes amid adjusted growth forecast.
Scottish Government responds to Grenfell report
As fund for unsafe cladding assessments is launched.
CLC and BSR process map for HRB approvals
One of the initial outputs of their weekly BSR meetings.
Architects Academy at an insulation manufacturing facility
Programme of technical engagement for aspiring designers.
Building Safety Levy technical consultation response
Details of the planned levy now due in 2026.
Great British Energy install solar on school and NHS sites
200 schools and 200 NHS sites to get solar systems, as first project of the newly formed government initiative.
600 million for 60,000 more skilled construction workers
Announced by Treasury ahead of the Spring Statement.
The restoration of the novelist’s birthplace in Eastwood.
Life Critical Fire Safety External Wall System LCFS EWS
Breaking down what is meant by this now often used term.
PAC report on the Remediation of Dangerous Cladding
Recommendations on workforce, transparency, support, insurance, funding, fraud and mismanagement.
New towns, expanded settlements and housing delivery
Modular inquiry asks if new towns and expanded settlements are an effective means of delivering housing.