Finance (No. 2) Act 2023
The Act received Royal Assent on 11 July 2023.

Finance (No. 2) Bill 2023
Text of the of the Bill as introduced on 23 March 2023, accompanied by explanatory notes, subsequent versions, and record of its progress through parliament.

Spring Finance Bill 2023
Collection of supporting documents for Finance (No. 2) Bill, including draft legislation first published on 20 July 2022, measures with effect from 15 March 2023, and notes on Finance Bill resolutions.

Draft Finance Bill 2022–23 and ICAEW responses

Draft legislation published for Finance Bill 2022–23
20 July 2022, HM Treasury and HMRC
Draft legislation, supporting documents and tax information and impact notes (TIIN) covering proposed measures on income tax, corporation tax, inheritance tax, air passenger duty, insurance premium tax, customs duties and levies, aggregates levy, and other issues.

ICAEW REP 73/22: R&D Tax Relief Reform
14 Sep 2022, ICAEW
ICAEW representation responding to the draft legislation. It suggests amendments to measures on non-UK related expenditure, pre-notification requirements, additional information to accompany claims, and HMRC powers to remove claims.

ICAEW REP 74/22: Double taxation relief: Foreign nominal rates
14 September 2022, ICAEW
ICAEW representation responding to the draft legislation. It recommends that the legislation includes a definition for the term “foreign nominal rate of tax”.

ICAEW REP 94/22: House of Lords Economic Affairs Committee Finance Bill Sub Committee enquiry into Finance Bill 2022–23
31 October 2022, ICAEW
ICAEW oral and written evidence on proposed changes to the R&D tax relief regime. 

Finance Act 2023

See our Finance Act 2023 page for information on the Autumn Statement 2022, the Autumn Finance Bill published on 22 November 2022, and the Finance Act 2023 enacted on 10 January 2023.

Spring Budget 2023

Spring Budget 2023
The Chancellor of the Exchequer will present his Spring Budget 2023 to Parliament on Wednesday 15 March 2023.

ICAEW hub: Spring Budget 2023
See ICAEW's analysis of key announcements and news. Also includes ICAEW's letter to the Chancellor ahead of Budget and letter to the Treasury.

Spring Finance Bill 2023

Finance (No. 2) Bill
Published on 23 March 2023. While the government has already consulted on several of the clauses in Finance (No. 2) Bill 2022–23, in draft legislation released on 20 July 2022, many of the measures in the final Bill reflect the Spring Budget of 15 March 2023.

Tax experts have produced analysis of the clauses from the initial release of the draft clauses through to the passage of the Bill through Parliament.

Grant Thornton Insights
Articles and guides from Grant Thornton UK, including:

• R&D tax reliefs: draft legislation released (21 July 2022)

KPMG Tax Matters Digest
A bi-weekly newsletter covering UK tax developments with KPMG's analysis. Key commentary on the Finance Bill 2022–23 include:

• L-Day 2022: Government publishes draft legislation for Finance Bill 2023 and several consultation responses on L-Day 2022 (25 July 2022)

• View a list of articles and books in our collection on the Spring Finance Bill 2023 and Finance (No. 2) Act 2023

To find out how you can borrow books from the Library please see our guide to borrowing books.

You can obtain copies of articles or extracts of books and reports through our document supply service.

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–.