Creative sector tax relief – EC investigation
The EC has opened an ‘in-depth investigation’ into the proposed tax relief included in the UK’s Finance Bill.
The measure was announced, subject to state aid approval. The relief is intended to provide an incentive to developers for products meeting certain cultural criteria.
The EC has said that there is no obvious market failure in the sector and so doubts that State aid is necessary.
Comments are invited within a month of the publication of the decision (in the EU Official Journal). The opening of an investigation does not necessarily prejudge its outcome. It gives interested parties the opportunity to comment.
|
Date: 25th April, 2013 |
SHARE THIS
Articles from this Author
27th March, 2019
Employers’ newsletter - Employment allowance
27th March, 2019
Employers’ newsletter - Employment vs self-employment vs worker
27th March, 2019
Employers’ newsletter - Short Term Business Visitors (STBV)
27th March, 2019
Employers’ newsletter - Trivial benefits exemption – problems and pitfalls
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
Tweet
#Tax traps to watch when selling your main home - main residence relief and CGT risks @mercerhole… twitter.com/i/web/status/1…
Mercer & Hole partner, Andy Turner gives his views on ‘Audit of the future’ bit.ly/2IfWuz5 #Audit… twitter.com/i/web/status/1…
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole
