The UK Government has announced the publication of the draft Finance Bill 2019-20, which includes several different measures in relation to income tax, chargeable gains, corporation tax, and others. Some of the main measures affecting companies include the following: Corporate capital loss restriction for Corporation Tax For accounting periods ending on or after 1 April 2020 companies making chargeable gains will only be able to offset up to 50% of those gains using carried-forward capital losses. A Corporate Income Loss Restriction (CILR) for carried forward income losses was introduced in 2017 which included an allowance that the first £5 million...