2019–20—Budget and Finance Bill

ARCHIVED: This Overview has been archived and is not maintained.

This subtopic draws together content on the fiscal events throughout the tax year 2019–20 starting with the release of draft provisions for Finance Bill 2019–20, through the Spring Budget in 2020 (delayed from 2019) to the expected passage through parliament of the Finance Act 2020 (FA 2020). For more information on the annual Budget and Finance Bill process, see Practice Note: The Budget and Finance Bill process.

For information on the Finance Bill 2019–20, detailing its progress through Parliament to Royal Assent and describing its key provisions, see: Tax—Finance Bill 2020 tracker.

All the analysis produced in this topic will be collected in Practice Note: 2019–20—Budget, Finance Bill and Spring Statement—Tax analysis.

Finance Bill 2020

Finance Bill 2020 (FB 2020) (also known as Finance Bill 2019-21) was published on 19 March 2020. Alongside the Bill, the government also published several promised consultations. FB 2020 received Royal Assent on 22 July 2020 and has become the To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

TAKE A FREE TRIAL

Latest Tax News

Tax weekly highlights—6 March 2025

This week's edition of Tax weekly highlights includes: (1) the Finance Bill passing the House of Commons and becoming ‘substantively enacted’, (2) News Analysis on the Court of Appeal’s decision in Post Prudential Closure Notice Group, and (3) the latest edition of HMRC’s Stakeholder Digest.

FTT finds that hair transplant is not a medical procedure and is therefore not exempt from VAT (Advanced Hair Technology Ltd v HMRC)

Tax analysis: In Advanced Hair Technology Ltd, the First-tier Tax Tribunal (FTT) found that for the sample cases reviewed, hair transplant services did not qualify for the VAT exemption covering medical care.

Court of Appeal considers further procedural issues in relation to double tax relief for foreign dividends (HMRC v Appellants in the Post Prudential Closure Notice Group)

Tax analysis: In HMRC v Appellants in the Post Prudential Closure Notice Group, the Court of Appeal considered a number of procedural issues relating to the ongoing group litigation on the pre-2009 dividend regime which contravened EU law.

FTT dismisses HMRC’s strike out claim in relation to DIY Housebuilders Scheme (Chris Poulton v HMRC)

Tax analysis: In Chris Poulton v HMRC, the First-tier Tax Tribunal (FTT) dismissed HMRC’s application to strike out the appellant’s claim for a VAT refund under the DIY Housebuilders Scheme. The appellant had been incorrectly charged VAT by a supplier and sought to apply the Reemtsma principle to reclaim the VAT from HMRC. The FTT considered that the point was arguable and therefore did not accede to the strike out request.