.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.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
