Consultation outcome

Associated company rules

This consultation was published under the 2005 to 2010 Labour government

This consultation has concluded

Download the full outcome

Simplification review: the associated company rules as they apply to the small profits rate of corporation tax – a summary of consultation responses (PDF 553KB)

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Detail of outcome

Summary of consultation responses to the associated company rules as they apply to the small profits rate of corporation tax

Original consultation

This consultation ran from to

Summary

Seeking views on a proposal for reforming the associated company rules as they apply to the small profits rate of corporation tax.

Documents

Simplification review: the associated company rules as they apply to the small companies’ rate of corporation tax (PDF 404KB)

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (eg a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Consultation description

The Government wishes to understand whether the option presented would benefit business by providing a more targeted test to establish those companies that form an economic whole and thus whose profits should be considered collectively in establishing the rate of corporation tax that applies to them.

Update: 27 July 2010

The Government has published a summary of responses to the consultation on simplifying the associated company rules as they apply to the small profits rate of corporation tax. This includes the Government’s response to stakeholders’ comments, including revised draft legislation and guidance.

As announced in the Budget on 22 June 2010, the Government will introduce the proposed legislation in Finance Bill 2011 and it will take effect from 1 April 2011.