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UK Finance Act 2017 and Criminal Finances Act 2017 Receive Royal Assent

|Approved Changes|United Kingdom
United Kingdom

On 27 April 2017, both the Finance Act 2017 and the UK Criminal Finances Act 2017 received Royal Assent (were enacted). As {News-2017-04-27/P/4- previously reported}, the Finance Act as passed contains mostly standard annual provisions, such as the setting of the income and corporation tax charge and rates, while several important measures were removed, such as those related to the use of losses and interest deduction restrictions (still expected in future legislation). In addition to the tax…

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