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Draft Finance Bill 2020–21—Tax analysis

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Published on: 21 July 2020

Published by a LexisNexis Tax expert

Table of contents

BUSINESS AND ENTERPRISE
Technical amendments to the CIR
REAL ESTATE
New rates of stamp duty land tax (SDLT) for non-UK residents from 1 April 2021
New reliefs from ATED and SDLT for housing co-operatives
EMPLOYMENT TAXES
Changes to the treatment of termination payments and PENP
Changes to working time requirements for EMI
Pension schemes—collective money purchase benefits
TAX ADMINISTRATION AND AVOIDANCE

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Article summary

Tax analysis: The government has published draft provisions to be included in Finance Bill 2020–21 together with accompanying explanatory notes, other supporting documents and consultations. This analysis brings together the key business tax provisions and explains the changes being made.

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