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Government drop majority of Finance Bill

08 May 2017

The UK’s Finance Bill received royal assent on 27 April and became Finance Act 2017. As a result of the general election being called, many of the provisions originally intended to be included were omitted, including IHT on residential property and the proposed non-dom changes. The Chartered Institute of Taxation have provided a useful summary of what provisions are included in the Finance Act and what was left out here.

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