It was announced in the Queen’s Speech that the next Finance Bill will be introduced in 2017 and will include a raft of measures intended to combat tax avoidance. Little detail has been provided, but it appears likely that many of the provisions removed from the Finance Act 2017 in order to respect convention surrounding general elections, will be reintroduced.

There will also be a National Insurance Contributions Bill designed to simplify the NICs system. It is also intended that there will be a “Customs Bill” which will replace EU customs legislation.

A copy of the Speech can be found here.