1 July 2010

Publication of the Finance Bill 2010

The Government is today publishing the 2010 Finance Bill.

In addition to this Finance Bill, which will quickly enact the Government's priorities, there will be a further bill in the autumn.

This will introduce  minor, technical measures announced by the previous Government and will be published in draft later this month, to allow pre-legislative scrutiny.

The Exchequer Secretary David Gauke MP said: "The Government's inheritance was one of debt and unsustainable spending. We are taking the decisive action needed to pay for the past and plan for the future.

"That is why today we are legislating the key measures at the heart of our comprehensive five-year plan to put the British economy back on track.

"We have made the tough choices needed to get our borrowing down, but we will do it in a way that is fair, protects the vulnerable and supports businesses across Britain."

No comments:

Post a Comment