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<p>The level of revenue accrued to the public purse as a result of the single payment
method outlined in the proposed amendments to Schedule 3ZB to the Tax Management Act
1970 is expected to be negligible. The UK already has comprehensive exit taxation
rules, and the change is relatively minor and primarily of an administrative nature.</p><p>
</p><p>More information can be found in the Tax Information and Impact Note published
on 6 July 2018:</p><p> </p><p><a href="https://www.gov.uk/government/publications/changes-to-the-corporation-tax-exit-charges"
target="_blank">https://www.gov.uk/government/publications/changes-to-the-corporation-tax-exit-charges</a></p><p>
</p><p> </p>
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