Finance Bill 2024-25: Report Stage

The government tabled the following amendments for the Report Stage of Finance Bill 2024-25. These are accompanied by the following explanatory notes:

• Amendments 1 to 4 to Clause 26: Additional relief for visual effects
• Amendments 5 to 8 to Clause 37: Claim for relief on foreign income
• Amendments 9 and 10 to Clause 38: Claim for relief on foreign employment income
• Amendments 11 to 15 to Clause 39: Claim for relief on foreign gains
• Amendments 16 and 17 and 21 to 27 to Clause 40 and Schedule 9: Remittance basis not available after tax year 2024-2025
• Amendments 18 to 20 to Schedule 3: Decommissioning of carbon storage installations
• Amendments 28 to 49 to Schedule 10: Temporary Repatriation Facility Charge
• Amendments 50 to 55 to Schedule 12: Trusts: connected amendments, transitional provision etc
• Amendments 56 to 66 to Schedule 13: Consequential, connected and transitional provision