ARCHIVED: This Practice Note has been archived and is not maintained. This Practice Note draws together analysis on the key milestones of the 2016-17 Budget and Finance Bill process. For a detailed explanation of the annual Budget and Finance Bill process, including the procedural aspects of the passing of a Finance Act, see: Practice Note: The Budget and Finance Bill process. Finance (No 2) Act 2017 The government published the second Finance Bill of 2017 on 8 September 2017, containing most of the provisions that were dropped from the previous Bill, alongside accompanying explanatory notes. For more on this, see News Analysis: Publication of second Finance Bill 2017. On 13 July 2017, when the government confirmed its intention to legislate the withdrawn provisions, it released amended legislation in relation to the corporate interest restriction, hybrid mismatches, the substantial shareholdings exemption, loss reliefs and disguised remuneration. For information on the key differences between the legislation published on 20 March 2017 and that published on 13 July 2017, see News Analysis: Amended

Planning analysis: What are the key planning proposals in the Autumn Statement regarding the creation of a National Infrastructure Plan, speeding up the planning process, reducing costs for developers and increasing the supply of housing?

A backup water supply for a nuclear power plant. It is used to supply water to steam generators during reactor start-up and shutdown, and during accident conditions to remove decay heat from the reactor.

A type of station used by television and radio stations to facilitate the broadcast of programming to the general public.

Action against Medical Accidents (AvMA), in collaboration with the Harmed Patients Alliance (HPA), has published the final version of the Harmed Patient Pathway (HPP). The Pathway aims to provide clearer, more compassionate and coherent responses to harmed patients, addressing concerns raised in Dr Penny Dash’s 2025 review about the complaints process and fragmented support for those who have suffered harm or poor outcomes. The HPP offers a practical, values-driven framework, and discussions on its implementation are ongoing across the UK and Ireland, with updates to follow as progress develops.

Action against Medical Accidents (AvMA) has published its response to the Public Accounts Committee (PAC)'s report on clinical negligence and patient safety. AvMA welcomed the PAC's focus on the rising costs of clinical negligence and its recognition of the distress caused to individuals and families. It endorsed the PAC's conclusion that the Department of Health and Social Care (DHSC) and NHS England have not taken sufficient action to address patient safety and prevent avoidable harm in healthcare. AvMA also supported the PAC's recommendations to strengthen focus on patient safety, improve data collection on avoidable harm and develop an operational plan to reduce claims, including the use of alternative dispute resolution. It called on the DHSC and NHS England to accept these recommendations and to prioritise learning from the experiences of harmed patients and their families.

A calculation of the maximum advance that an asset-based lender is prepared to make against a particular asset class at any time.

Deductions made from the Unitary Charge if the facility is not Available.

Deductions made from the Unitary Charge if the facility is not Available.

Private Client analysis: This appeal concerned the availability of Business Property Relief (‘BPR’) for Inheritance Tax (‘IHT’) purposes in respect of an interest in a wedding venue business. Written by Sam Chandler and Carmen Barragan Lopez, barristers at 5 Stone Buildings. Sam Chandler acted for the appellant in the case.

The project meets the criteria and standards set out in the Project Agreement that mean that it is functional and make it useable by the Authority. Availability is usually defined in the payment mechanism to the Project Agreement.

Broadly, for the purposes of the transfer of assets abroad regime any income that has been accumulated in a non-UK trust in the years since its creation that has not been: • used to pay trust expenses • distributed as income, or • allocated in prior distributions to UK residents and charged to tax under sections 731–735 of the Income Tax Act 2007 (ITA 2007)