On 19 February 2018, UK HMRC and HM Treasury launched a consultation on a review of the corporate intangible fixed assets (IFA) regime to examine whether there is scope for reforms that would simplify the regime and make it more effective in supporting economic growth. As noted in the consultation documentation, the government is seeking stakeholder views on: The impact of the 1 April 2002 commencement rule (the "pre-FA02 rule"); The impact of the restriction on goodwill and customer related intangibles on the complexity and competitiveness of the regime; The use and competitiveness of the election for a 4% per...