UK tax professionals urge caution in finance bill ‘wash-up’

Experts have urged the UK government to defer the enactment of most tax measures in the longest-ever finance bill, which is set to complete its remaining House of Commons stages in a single day on April 25.

The bill completed its second reading in the House of Commons after four hours of debate on April 18. Jane Ellison, financial secretary to the Treasury, told members of Parliament that following the surprise announcement of a June 8 general election, the government hoped to hold constructive discussions with opposition MPs on how the bill would proceed …

The Making Tax Digital measures in the bill are “really quite sketchy,” Anita Monteith, technical tax manager at the Institute of Chartered Accountants in England and Wales, told Share Radio on April 21. Read more:

My news story for Tax Analysts, April 22 (paywall)