Collection

Budget 2015: HM Revenue and Customs

• From: HM Revenue & Customs
• Part of: Tax agent and adviser guidance and March Budget 2015
• Published: 9 March 2015
• Last updated: 24 March 2015, see all updates

All HM Revenue and Customs (HMRC) tax related documents and other announcements for Budget 2015.

The Chancellor of the Exchequer delivered his Budget to Parliament on 18 March 2015. Full details of all announcements, supporting documents and information are available from the Budget 2015 page.

HM Revenue and Customs (HMRC) tax related documents and other announcements for Budget 2015 are available below.

Making tax easier

Overview of Tax Legislation and Rates (OOTLAR). This document sets out the detail of each tax policy measure announced at Budget 2015. It is intended for tax practitioners and others with an interest in tax policy changes, especially those who will be involved in consultations both on the policy and on draft legislation.

Finance Bill 2015 measures announced at Budget 2015 which have effect from 18 March 2015:

• Corporation Tax: loss refresh prevention
• Capital Gains Tax and Entrepreneurs’ Relief: joint ventures and partnerships
• Capital Gains Tax: Entrepreneurs’ Relief associated disposal rules

The Finance Bill 2015 will be published on 24 March 2015. You can find supporting and related documents at Finance Bill 2015.

Overview and related documents

1. Making tax easier

   • 18 March 2015
   • Policy paper

2. Budget 2015: HM Revenue and Customs overview

   • 18 March 2015
   • Guidance

3. Capital Gains Tax for non-UK residents: sales and disposals of UK residential property

   • 18 March 2015
   • Guidance

4. Corporation Tax technical note: anti-avoidance rule to prevent loss refreshing

   • 18 March 2015
   • Guidance

5. Reform of the Landfill Communities Fund

   • 25 November 2015
   • Consultation outcome

6. Draft legislation: The Value Added Tax (Amendment) (No) Regulations 2015 - deductible VAT relating to foreign branches

   • 18 March 2015
   • Policy paper

7. Control of Raw Tobacco

   • 18 March 2015
   • Consultation outcome

Tax Information and Impact Notes (TIINs)

1. VAT: deductions relating to foreign branches

   • 18 March 2015
   • Policy paper

2. Corporation Tax: loss refresh prevention

   • 18 March 2015
   • Policy paper

3. Status for tax purposes of certain bodies

   • 18 March 2015
   • Policy paper

4. Bank Levy: rate change

   • 18 March 2015
   • Policy paper

5. Capital Gains Tax and Entrepreneurs' Relief: joint ventures and partnerships

   • 18 March 2015
   • Policy paper

6. Capital Gains Tax: Entrepreneurs' Relief associated disposal rules

   • 18 March 2015
   • Policy paper

7. VAT: refunds for palliative care charities

   • 18 March 2015
   • Policy paper

8. Capital allowances: anti-avoidance rules for plant and machinery

   • 26 February 2015
   • Policy paper

9. Capital Gains Tax: exemption for certain wasting assets

   • 18 March 2015
   • Policy paper

10. Corporation Tax: oil and gas companies Investment Allowance and reduction in supplementary charge

    • 18 March 2015
    • Policy paper

11. Corporation Tax: increasing the rate of Film Tax Relief

    • 18 March 2015
    • Policy paper

12. Corporation Tax: high end Television Tax Relief

    • 18 March 2015
    • Policy paper

13. VAT: refunds to medical courier charities

    • 18 March 2015
    • Policy paper

14. Tax administration: regulations to implement the UK's automatic exchange of information agreements

    • 18 March 2015
    • Policy paper

Additional documents published 24 March 2015

The following documents which are related to Budget measures have been published on 24 March 2015.

1. Tackling illicit tobacco: From leaf to light

   • 15 July 2015
   • Policy paper

2. Draft legislation: the Inheritance Tax (Electronic Communications) Regulations 2015

   • 24 March 2015
   • Policy paper

3. Tax-advantaged venture capital schemes: draft legislation and explanatory notes

   • 8 July 2015
   • Consultation outcome

Additional documents published 25 March 2015 and 30 March 2015

1. Diverted Profits Tax: guidance

   • 30 November 2015
   • Guidance

2. Restriction on brought forward reliefs in the UK banking sector - technical note

   • 25 March 2015
   • Guidance

Document information

Published: 9 March 2015

Updated: 24 March 2015

+ full page history

1. 24 March 2015 added venture capital schemes link
2. 24 March 2015 Added related documents published 24 March 2015.
3. 18 March 2015 All HMRC tax related documents and other announcements for Budget 2015 are now included in this collection.
4. 9 March 2015 First published.

From: HM Revenue & Customs

Part of: Tax agent and adviser guidance March Budget 2015