The Government has published the Finance Bill 2012, in which tax measures announced in Budget 2011 and 2012 come into force.
This year's Bill includes ongoing measures to maintain the Government's deficit reduction strategy, whilst supporting growth and employment. It also hopes to undertake significant tax reforms.
Key legislation in the Bill includes:
"The measures in this Bill will create a tax system which supports a strong economy and promotes a fair society. In other words, a tax system that works for Britain".