Legislation Day: Draft Finance Bill 2022—Tax analysis

Published on: 20 July 2021

Published by: LexisPSL

Legislation Day: Draft Finance Bill 2022—Tax analysis
FUNDS
Taxation of asset holding companies in alternative fund structures
Real estate investment trusts (REITs)—amendments
BUSINESS AND ENTERPRISE
Modernisation of the stamp taxes on shares framework
Structures and buildings allowances (SBAs)—amendment to allowance statement
Amendments to the hybrid and other mismatches rules
TAX ADMINISTRATION AND MANAGEMENT
Large businesses—notification of uncertain tax treatment

More...

Basis period reform for unincorporated trading businesses
TAX AVOIDANCE AND EVASION
Clamping down on promoters of tax avoidance
Electronic sales suppression (ESS)
INDIRECT TAX
VAT
Insurance premium tax—identifying where the risk is situated
Other developments
What was not published?

Article summary

Tax analysis: On Legislation Day, 20 July 2021, the government published draft provisions to be included in Finance Bill 2022 (FB 2022, also known as Finance Bill 2021–22) together with accompanying explanatory notes, other supporting documents and consultations. This analysis brings together the key business tax provisions by topic and explains the changes being made. Sign in or take a trial to read the full analysis.