TIMETABLE Responsible department: Treasury Origin: House of Commons Introduced: 28 March 2006 Second reading: 24 April 2006 Committee stage: 2 & 3 May 2006 Remaining stages: 4 & 5 July 2006 LORDS First reading: No date Second reading and report stage: 17 July 2006

This annual bill is required to implement government budgets, although taxes can be collected immediately via the Provisional Collection of Taxes Act 1968.

It is a formality but gives the opposition the chance to air their grievances over the Budget.

The Lords are not allowed to change any of this legislation as it is a money bill.