A Bill to make provision in connection with finance.
House of Commons
Rachel ReevesLabour (Co-op)
13 March 2026
May contain errors — check source documents for definitive information.
The Finance (No. 2) Bill is a broad package of government finance and tax measures, including anti-avoidance reforms, new HMRC powers and penalties, rules affecting advisers and promoters, and various excise and tax changes. It has been heavily debated in Parliament, with Labour-led amendments aimed at tightening definitions and adding safeguards, while opponents sought to narrow or slow reforms. The bill has progressed through the Commons with changes and is now before the Lords for final consideration at its 3rd reading.
The Bill has completed its Commons passage with amendments and is in the Lords for final examination. The Lords have already conducted scrutiny and readings, with further possible changes; the measure is moving toward Royal Assent unless amended further in the Lords.
In the Commons, the bill advanced to its 3rd reading with strong cross-party support for the main framework, though many proposed amendments were defeated or modified. Labour‑linked amendments sought to tighten definitions and extend safeguards, while Conservative amendments attempted to narrow scope or alter timing; overall, the main package progressed but with partisan clashes over details.
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Showing agreed, defeated, and withdrawn amendments.
Based on 53 recorded votes • Sorted by % Aye
Following agreement by both Houses on the text of the bill it received Royal Assent on 18 March. The bill is now an Act of Parliament (law).