✓ Passed into LawLords
UK Parliament · Bill
Finance Act 2024
Summary
The Finance Act 2024 is the government's annual law that sets out the UK's tax rules and decides how billions of pounds in public money will be collected and spent on services. It typically includes changes to income tax, business taxes, and where government funding goes.
A vote to support means
- —Supporting this Act means backing the government's tax and spending plans for the year. It helps fund public services like the NHS, schools, and benefits by setting out how much tax money will be collected and where it will be spent.
A vote to oppose means
- —People might worry about changes to taxes affecting their wallets, concerns that some groups are treated unfairly by new tax rules, or disagreement with how the government plans to spend money. Some may also fear it doesn't do enough to help with cost of living pressures.
Cast Your Vote
People's Vote4 votes
75% Support · 325% Oppose · 1
Bill Passage
Commons
- 1st reading27 Nov 2023
- 2nd reading13 Dec 2023
- Committee stage16 Jan 2024
- Report stage5 Feb 2024
- 3rd reading5 Feb 2024
Lords
- 1st reading6 Feb 2024
- 2nd reading21 Feb 2024
- 3rd reading21 Feb 2024
Royal Assent22 Feb 2024
Full Bill Description(click to expand)
No description available