Autumn Finance Bill receives Royal Assent and becomes Finance Act 2024
On 22 February 2024, the Autumn Finance Bill received Royal Assent and became Finance Act 2024, having completed its passage through the House of Lords the day prior. The key pieces of tax legislation within the Act, as detailed in our previous article, include ‘full expensing’ being made permanent, the move to a merged R&D tax relief regime and amendments to creative sector tax reliefs.