On 26 March 2025, the Chancellor of the Exchequer Rachel Reeves will deliver a statement in Parliament providing an update on the Government’s growth mission, alongside the publication of an economic and fiscal forecast from the Office for Budget Responsibility (OBR).
In November 2024, HMRC released new compliance guidelines in relation to Patent Box claims, which were effective immediately. These guidelines summarise HMRC’s best practice advice and highlight the key areas HMRC expect businesses to consider before making Patent Box claims.
The FTT ruled that The Mersey Docks' quay wall qualifies as "plant" for capital allowances, challenging HMRC’s stance. This may impact infrastructure tax relief claims.
Our latest insights from across the Tax landscape
The article discusses the impact of pre-development costs on capital allowances in the UK, focusing on the Gunfleet Sands Ltd v HMRC case and the government's consultation to address related tax issues.
Multinational businesses are increasingly affected by tax, legislative and regulatory developments throughout the world. We walk you through these developments in international tax and treasury.
For the latest updates for multinationals operating in the UK - visit Knowledge Navigator
Now in its 20th year, the annual survey collects data from 100 Group members and reports on the contribution made in taxes borne, taxes collected and the wider economic contribution.
Changes to the UK REIT regime were made by Finance Act 2024 (FA 2024) as part of a package of measures to reduce unnecessary burdens and make the regime more attractive for investment in the UK.
With OECD Pillar Two now live and the resulting pressures on tax teams mounting up, now is the time to move into business as usual.
We can help you get on top of the data requirements, systems configuration, modelling, reporting and restructuring demands in your response to Pillar 2.
In our annual publication we explore the transparency developments in both legislative and voluntary reporting, alongside how tax continues to be increasing integrated within the Environmental, Social and Governance agenda. We explore ways of building public trust through tax reporting.
