On 9 December 2015, the UK HMRC published an overview of the legislation included in the draft Finance Bill 2016 (further updated 10 December). The draft legislation includes measures from the 2015 Budget, Summer Budget and Autumn Statement. The overview covers measures concerning individual income tax, corporation tax, capital gains tax, VAT, stamp duty land tax and other duties, tax avoidance and evasion, and tax administration. Some of the key measures affecting businesses as summarized in the overview are as follows. Patent Box: Substantial Activity Finance Bill 2016 will include legislation to amend the Patent Box rules (Part 8A of...