Updated: CT600 Budget insert has been updated to reflect the 2017 budget changes.
This budget insert tells you about the main changes affecting:
- CT600 (Company Tax Return (CTR))
- rates of Corporation Tax
- rates, limits and fractions for financial years starting 1 April
- grassroots sport deduction
- reform of loss relief
- patent box – cost sharing arrangements
- reform of Substantial Shareholding Exemption for qualifying institutional investors
- tax deductibility of corporate interest expense
- museums and galleries tax relief
- first-year allowances for electric charge points
- tax treatment of appropriations to trading stock
Source: HMRC