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New restrictions on the amount of brought forward corporation tax losses which can be offset in any one year took effect from 1 April 2017.

New restrictions on the amount of brought forward corporation tax losses which can be offset in any one year took effect from 1 April 2017.

Implementation date

As the government recognises, implementing the very significant changes proposed for CGT by April 2019 will be challenging for taxpayers and for HMRC.

Policy approach

The purpose of this new measure is to ensure that Entrepreneurs’ Relief (ER) does not act as a barrier to growth for firms seeking additional external investment where the

On 13 March 2018, the UK government published an updated position paper setting out its views on Corporate tax and the digital economy.

The consultation, which closed on 11 May, explores whether there is scope for targeted, value-for-money reforms that would support the int

The remit of the Corporate Tax sub-committee includes all aspects of UK corporation tax, in so far as that tax applies in respect of companies resident in the UK, and the taxation of UK companies g

On 19 February 2018 HMRC and HM Treasury launched a consultation on the corporate intangible fixed assets regime exploring whether there i

The key changes proposed by the consultation are

The digital economy was identified as an action point of the G20/OECD BEPS project in 2013 and the CIOT has engaged with the OECD and the EU Commission, as well as with the UK government since then