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Tax weekly highlights—16 March 2023

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Published on: 16 March 2023

Published by a LexisNexis Tax expert

Table of contents

Budgets and Finance Bills
The Chancellor delivered the Spring Budget 2023 on 15 March 2023
Companies and corporation tax
The Research and Development (Prescribed Activities) Regulations 2023 are made
CIOT and ATT response: R&D Tax Reliefs Review: Consultation on a single scheme
Court of Appeal decides that UK group members were not entitled to loss relief (Volkerrail v HMRC)
Anti-avoidance
What will change when the Mandatory Disclosure Rules come into effect?—video comment
Business structures
FTT denies tax relief for amortisation debits accrued on assets transferred to LLP (Muller UK & Ireland Group LLP & others v HMRC)

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Article summary

This week's edition of Tax weekly highlights includes: (1) news and analysis following Spring Budget 2023, (2) Regulations made to refer to the latest guidance on the meaning of research and development for tax purposes, and (3) a new video comment on what will change when the Mandatory Disclosure Rules come into effect.

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