Impact on companies

In his Autumn Budget speech, the Chancellor announced a number of measures which may impact on companies. The key messages in the Budget announcement are:

• Digital services tax (DST);
• Intangible fixed assets regime;
• Royalties withholding tax - Offshore receipts in respect of intangible property;
•  Research and development - Preventing abuse of R&D tax relief for small and medium-sized enterprises (SMEs);
• Online gaming - Remote Gaming Duty;
• Corporate capital loss restriction; and
• Cryptoassets Taskforce;