Finance Act 2026
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
73 Relevant property: disapplication of exemptions from exit charges
(1) In IHTA 1984, in section 65 (relevant property: exit charges), after subsection (8A) insert— (8B) None of subsections (7), (7A) and (8) applies in relation to property comprised in a settlement if— (a) a long-term residence change took place at a time— (i) before the event in question, and (ii) if there have been one or more ten-year anniversaries before the event in question, after the most recent of them, (b) the long-term residence change did not result in tax being charged under this section by reference to the property, and (c) the long-term residence change would have resulted in tax being charged under this section by reference to the property if the property had been property situated outside the United Kingdom when the long-term residence change took place. (8C) In subsection (8B) “long-term residence change” means— (a) the settlor not being a long-term UK resident at the start of the tax year 2025-26, or (b) the settlor ceasing to be a long-term UK resident at the start of any later tax year. (2) The amendment made by subsection (1) is treated as having come into force on 26 November 2025.
73 Relevant property: disapplication of exemptions from exit charges
(1) In IHTA 1984, in section 65 (relevant property: exit charges), after subsection (8A) insert— (8B) None of subsections (7), (7A) and (8) applies in relation to property comprised in a settlement if— (a) a long-term residence change took place at a time— (i) before the event in question, and (ii) if there have been one or more ten-year anniversaries before the event in question, after the most recent of them, (b) the long-term residence change did not result in tax being charged under this section by reference to the property, and (c) the long-term residence change would have resulted in tax being charged under this section by reference to the property if the property had been property situated outside the United Kingdom when the long-term residence change took place. (8C) In subsection (8B) “long-term residence change” means— (a) the settlor not being a long-term UK resident at the start of the tax year 2025-26, or (b) the settlor ceasing to be a long-term UK resident at the start of any later tax year. (2) The amendment made by subsection (1) is treated as having come into force on 26 November 2025.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.