Jenny Doak and Erica Rees (Weil, Gotshal & Manges) consider some of the practical considerations surrounding the proposed process for providing advance tax certainty for major projects.
As readers may recall the Government published a Corporate Tax Roadmap at Autumn Budget 2024. As explained in the foreword ‘[t]he Roadmap [was] designed to give businesses the certainty they need and confidence that the UK intends to maintain its competitive position among major economies.’ Further to that commitment and as heralded in the Roadmap the Government launched the ‘Advance tax certainty for major projects consultation’ on 26 March 2025 (the ‘Advance Tax Certainty consultation’). The consultation sits alongside another consultation on ‘R&D tax relief advance clearances’ ...
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Jenny Doak and Erica Rees (Weil, Gotshal & Manges) consider some of the practical considerations surrounding the proposed process for providing advance tax certainty for major projects.
As readers may recall the Government published a Corporate Tax Roadmap at Autumn Budget 2024. As explained in the foreword ‘[t]he Roadmap [was] designed to give businesses the certainty they need and confidence that the UK intends to maintain its competitive position among major economies.’ Further to that commitment and as heralded in the Roadmap the Government launched the ‘Advance tax certainty for major projects consultation’ on 26 March 2025 (the ‘Advance Tax Certainty consultation’). The consultation sits alongside another consultation on ‘R&D tax relief advance clearances’ ...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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