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UK Consulting on Potential Reforms to the Capital Allowance Regime

11 May 2022

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Proposed Changes

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United Kingdom

On 9 May 2022, UK HM Treasury announced the launch of consultations on Potential Reforms to UK's Capital Allowance Regime. --- Treasury Starts Conversation to Reform UK Capital Allowance Regime A publication aiming to kickstart a conversation with businesses about how to reform the UK's capital allowances regime has been published today. The Chancellor Rishi Sunak has called on businesses of all sizes to have their say, after his Spring Statement pledged to look at how to sustainably cut and reform business taxes ahead of the Autumn Budget. Today's publication sets out how firms can work with the government on...