The Finance Bill 2017 shortened by the snap General Election was set to go before ministers following the resumption of parliament after the Queen’s Speech.

In the accompanying background notes to the Queen’s speech, the extended two year programme ‘will also include three Finance Bills to implement budget decisions’. ‘Summer Finance Bill 2017 will include a range of tax measures including those to tackle avoidance,’ it adds.

Finance Bill 2017 which followed the Spring Budget was largely truncated, with the vast majority of measures stripped out of the final Act. This included some major changes to the UK tax system including legislation relating to Making Tax Digital, corporation tax loss relief reform, the new deemed domicile concept and the new rules on corporate interest restriction. Many of these measures were due to take effect in April 2017.