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Bill · started in the Commons

United Kingdom Corporate and Individual Tax and Financial Transparency Bill

A Bill to require disclosure of various financial information by large companies; to provide for disclosure of beneficial ownership; to require banks to disclose to Her Majesty’s Revenue and Customs the identity of certain companies holding bank accounts; to require the publication of the tax returns of individuals with an income of more than a certain level and the largest two hundred and fifty UK companies; and for connected purposes.

In progress Current stage: 2nd reading (Commons)

The story so farThe United Kingdom Corporate and Individual Tax and Financial Transparency Bill was introduced in the House of Commons on 19 June 2013 by Mr Michael Meacher (Labour). It is now at second reading in the House of Commons. Second reading is the first debate on the overall principle of the bill; if the bill clears it, detailed committee scrutiny follows.

Progress through Parliament

  1. 1st reading Commons 19 Jun 2013
  2. 2nd reading Commons 6 Sep 2013

Source: the official bill page. Last updated 15 May 2014.