.png)
.png)
Issue:
4922
/
Categories:
Comment & Analysis
, enterprise management incentive
, Finance Bill
, real estate investment trusts
, Business
Spice of life
Key points
- New tax credit rate for children’s TV is higher because this sector was harder hit during the pandemic.
- Availability of the enterprise investment scheme and venture capital trusts tax relief extended to 2035.
- Cash basis will be the default basis for businesses calculating profits although they will be able to opt to use the accruals basis.
- Cross-party support for the PAYE offset in relation to IR35 compliance.
After the usual house-keeping messages about switching off phones and putting devices into silent mode – and no tea or coffee during the sittings – members of the Public Bill Committee were invited to consider the Finance Bill 2023-24 line by line. The chair Ian Paisley said MPs who wished to speak should ‘bob’ to obtain his attention. ‘Variety is the spice of life ’ he said. ‘We do not want to hear just the ministers and shadow ministers.’
Media
Clause 3...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
