Finance Act 2008
A chronology of the bill from its presentation to Royal Assent, with sources of further information on the act.
What's on this page?
The Finance Act
The Finance Act 2008 received Royal Assent on 21 July 2008.
Useful links
Finance Bill 2008 - full text of the bill as brought from the House of Commons on 7th July 2008 (HL Bill 74).
Hansard:
- 18th July (703/129) - second reading
- 3rd July (703/119) - first reading
- 2nd July 2008 (478/122) - report stage and third reading
- 1st July 2008 (478/121) - report stage
Finance Bill 2008 Volume I and Volume II - full text of the bill as amended in the Committee and in Public Bill Committee and re-issued on 23rd June 2008. The amended bill is also available to download in a two volume PDF version: Finance Bill 2008 - Volume I and Volume II (PDF)
Finance Bill Committee - the House of Commons Public Bill Committee on the Finance Bill completed its consideration of the Finance Bill 2008 on 19th June 2008. Reports of the proceedings are available from the committee pages on the Parliament UK website:
- 24th sitting: 19th June 2008
- 23rd sitting: 19th June 2008
- 22nd sitting: 17th June 2008
- 21st sitting: 17th June 2008
The Finance Bill 2008 Report was published by the Economic Affairs Sub-Committee on the Finance Bill on 12th June 2008 and can be downloaded in PDF and HTML formats:
- Volume I: Report and Volume II: Evidence (PDF)
- Volume I: Report and Volume II: Evidence (HTML)
Finance Bill Committee - reports of the proceedings are available from the committee pages on the Parliament UK website.
- 20th sitting: 12th June 2008
- 19th sitting: 12th June 2008
- 18th sitting: 10th June 2008
- 17th sitting: 10th June 2008
Finance Bill 2008: Committee Stage Briefing on Clause 22, Periods of residence and Clause 23 and Schedule 7, Remittance basis (TAXREP 44/08) - full text of the Parliamentary Briefing submitted by the ICAEW on 10th June 2008.
Finance Bill Committee - reports of the proceedings are available from the committee pages on the Parliament UK website:
Finance Bill 2008: Committee Stage Briefing on Schedule 37 onwards (TAXREP 43/08) - full text of the Parliamentary Briefing submitted by the ICAEW on 4th June 2008.
Finance Bill Committee - reports of the proceedings are available from the committee pages on the Parliament UK website:
Finance Bill 2008: Committee Stage Briefing on Clause 108 and Schedule 36, Information and inspection powers (TAXREP 42/08) - full text of the Parliamentary Briefing submitted by the ICAEW on 2nd June 2008.
Finance Bill Committee - reports of the proceedings are available from the committee pages on the Parliament UK website:
- 12th sitting: 22nd May 2008
- 11th sitting: 22nd May 2008
- 10th sitting: 20th May 2008
- 9th sitting: 20th May 2008
Finance Bill 2008: Committee Stage Briefing on Clause 42, Homes outside UK owned through company etc (TAXREP 39/08) - full text of the Parliamentary Briefing submitted by the ICAEW on 20th May 2008.
Finance Bill 2008: Committee Stage Briefing on Clause 55, UK residents and foreign partnerships (TAXREP 40/08) - full text of the Parliamentary Briefing submitted by the ICAEW on 18th May 2008.
House of Lords Economic Affairs Committee: Sub-Committee on the Finance Bill
The written evidence includes the Supplementary Memorandum from the ICAEW, and Further Supplementary Memorandum from the ICAEW submitted on 16th May 2008.
Finance Bill Committee - reports of the proceedings are available from the committee pages on the Parliament UK website:
- 8th sitting: 15th May 2008
- 7th sitting: 15th May 2008
- 6th sitting: 13th May 2008
- 5th sitting: 13th May 2008
Finance Bill Committee - the House of Commons Public Bill Committee on the Finance Bill began its consideration of the Finance Bill 2008 on Tuesday 6th May 2008. Reports of the proceedings are available from the committee pages on the Parliament UK website:
- 4th sitting: 8th May 2008
- 3rd sitting: 7th May 2008
- 2nd sitting: 6th May 2008
- 1st sitting: 6th May 2008
The uncorrected oral evidence and written evidence given to the Sub-Committee on the Finance Bill of the House of Lords Economic Affairs Committee is available through the website of the Sub-Committee on the Finance Bill and includes the evidence given by Mr Frank Haskew, Head of the Tax Faculty, and Ms Francesca Lagerberg, Chairman of the Tax Faculty's Technical Committee, Institute of Chartered Accountants of England and Wales; Mr Derek Allen, Director of Taxation, and Mr Alex MacDougall, Institute of Chartered Accountants for Scotland; and Mr Chas Roy-Chowdhury, Association of Chartered and Certified Accountants on 1st May 2008.
Finance Bill 2008: Clause 7 and Schedule 3, Entrepreneurs' relief (TAXREP 30/08) - full text of the Parliamentary Briefing on Entrepreneurs' relief submitted on 29th April 2008 by the ICAEW Tax Faculty to the Finance Bill Standing Committee.
Committee of the Whole House - Amendments and Proceedings (29th April 2008).
- 29th April 2008 (475/85) - House of Commons Committee Stage Debate, 2nd Sitting
Finance Bill 2008: Written evidence to the House of Lords Economic Affairs Finance Bill Sub-Committee (TAXREP 32/08) - full text of the Written evidence on the 2008 Finance Bill submitted on 28th April 2008 by the ICAEW Tax Faculty to the House of Lords Economic Affairs Finance Bill Sub-Committee.
Committee of the Whole House - Amendments and Proceedings (28th April 2008).
Hansard:
- 28th April 2008 (475/84) - House of Commons Committee Stage Debate, 1st Sitting
Finance Bill 2008: Second Reading Briefing and Committee of Whole House Briefing (TAXREP 38/08) - full text of the Parliamentary Briefings on the Finance Bill 2008 submitted by the ICAEW on 16th April 2008 for the Second Reading and on 24th April 2008 for the Committee of Whole House stage.
House of Lords Economic Affairs Committee: Sub-Committee on the Finance Bill
The written evidence given to the sub-committee is available through the website of the Sub-Committee on the Finance Bill and includes the Finance Bill 2008: Written Evidence to the Lords Economic Affairs Sub Committee on the Finance Bill
Hansard:
- 21st March 2008 (474/79) - second reading
- 18th March 2008 (473/69) - first reading
Bills and Legislation - Finance Bill (Parliament) - dedicated page from the Parliament website which illustrates the progress of the bill with links to debates and other related business papers.
Explanatory notes and clauses: Finance Bill 2008 (HM Treasury) - the explanatory notes and clauses to the Finance Bill 2008 are available to download in PDF format from the Treasury website. A set of lobby notes are also available to download in PDF format. The Publication of the Finance Bill was announced in a Treasury Press Notice on 27th March 2008.
Finance Bill 2008 - the full text of the Finance Bill 2008 as published on 27th March 2008. The bill was ordered to be printed by the House of Commons as Bill 89 and is also available in a two part PDF version (Part 1 and Part 2).
Articles and books in the Library collection
To find out how you can borrow books from the Library please see our guide to book loans.
You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.
Archive
The Library holds an extensive collection of Finance Acts (from the 19th century onwards), Finance Bills (from 1951 onwards), debates on the Finance Bill as recorded in Hansard, and Standing Committee Debates on the Finance Bills. Alongside this you can also find many publications from the ICAEW and other bodies on the Finance Bills and Acts.
For full details of our holdings in this area, see our guide to Finance Acts and Bills in the Library collection.
We also maintain an online archive of links and resources for Finance Acts 1980–1995 and for Finance Acts 1996–.
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