Policy papers and consultations

This tax information and impact note is about changes to the rules for using trade losses for Corporation Tax purposes, in the event of transfers of business by building societies.

• From: HM Revenue & Customs
• Updated: 24 April 2024

• Amending The Mutual Societies (Transfers of Business) (Tax) Regulations 2009

  Who is likely to be affected Building societies transferring business on…

Draft guidance covering changes to the Research and Development (R&D) tax reliefs due to be implemented on 1 April 2024.

• From: HM Revenue & Customs
• Updated: 27 March 2024

• Research and development tax reliefs: new contracting out rules and overseas restrictions – draft guidance

  1. Overview Legislation included in the Finance Bill (‘the Bill’)…

This tax information and impact note is about the higher rate of relief for the audio-visual expenditure credit scheme for independent film productions.

• From: HM Revenue & Customs
• Updated: 6 March 2024

• Additional support for independent film

  Who is likely to be affected Companies claiming the Audio-Visual…

This tax information and impact note is for the new permanent rates of the 3 corporate tax reliefs known as the ‘cultural tax reliefs’.

• From: HM Revenue & Customs
• Updated: 6 March 2024

This tax information and impact note clarifies the meaning of structural assets of an insurance company’s long-term business.

• From: HM Revenue & Customs
• Updated: 25 January 2024

This measure makes changes to the legislation dealing with the re-insurance of a category of long-term insurance business.

• From: HM Revenue & Customs
• Updated: 25 January 2024

This measure is about extending the scope of Tonnage Tax to include elections into the regime by third party ship managers.

• From: HM Revenue & Customs
• Updated: 22 November 2023

This measure is about increasing the limits on capital allowances that lessors of ships can claim on the cost of providing ships for use by ship operators in the tonnage tax regime.

• From: HM Revenue & Customs
• Updated: 22 November 2023

This measure is about technical clarifications of the relief rules, including what is eligible for relief.

• From: HM Revenue & Customs
• Updated: 22 November 2023

This measure is about administrative changes being made to all the creative industry tax reliefs.

• From: HM Revenue & Customs
• Updated: 22 November 2023

This measure makes amendments to the Real Estate Investment Trust (REIT) regime to enhance its competitiveness.

• From: HM Revenue & Customs
• Updated: 22 November 2023

This tax information and impact note is about the reform of the film, TV and video games tax reliefs to expenditure credits.

• From: HM Revenue & Customs
• Updated: 22 November 2023

This tax information and impact note relates to reform of Research and Development Tax Relief.

• From: HM Revenue & Customs
• Updated: 21 July 2023

This measure is about the reform of the film, TV and video games tax reliefs to expenditure credits.

• From: HM Revenue & Customs
• Updated: 18 July 2023

This measure is about additional tax relief for Research and Development (R&D) intensive small and medium-sized enterprises and a potential merged R&D scheme.

• From: HM Revenue & Customs
• Updated: 18 July 2023

Directions for an agent, individual or trustee filing returns electronically, for Income and Corporation Tax.

• From: HM Revenue & Customs
• Updated: 7 June 2023

Directions for a companies or agents filing returns or making a payments for Income and Corporation Tax.

• From: HM Revenue & Customs
• Updated: 7 June 2023

Draft guidance covering changes to the Research and Development (R&D) tax reliefs due to be implemented on 1 April 2023.

• From: HM Revenue & Customs
• Updated: 18 April 2023

This measure introduce temporary tax reliefs and exemptions in connection with the Homes for Ukraine Sponsorship Scheme.

• From: HM Revenue & Customs
• Updated: 15 March 2023

The worldwide debt cap (WWDC) rules in Part 7, TIOPA 2010 are being changed where a revised statement of allocated disallowances is submitted on or after 15 March 2023.

• From: HM Revenue & Customs
• Updated: 15 March 2023