LORDS

Economic Affairs Finance Bill Sub-Committee - role

The House of Lords Economic Affairs Committee has set up a Finance Bill Sub-Committee (the FBSC) to inquire into the draft Finance Bill 2016 which was published on 9 December 2015. The FBSC's inquiries focus on technical issues of tax administration, clarification and simplification rather than on rates or incidence of tax.

This year the FBSC will concentrate its inquiry on the extent to which the measures proposed in the draft Bill contribute to the simplification of the personal tax system and their impact on the compliance burdens of individual taxpayers.