Reform of Corporation Tax: A Consultation Document


The Government is considering further reforms to the corporation tax system in order to produce a regime that is modern and competitive and reflects the realities of the business environment. This consultation document seeks the views of business and other interested parties on three potential areas for further reform:

  • the tax treatment of capital assets not covered by earlier reforms;
  • rationalisation of the schedular system; and
  • the differences in the tax treatment of trading and investment companies."

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The details for responding to the document are as follows:

Responses should be sent by 29 October 2002 to:

Peter Marriott
Inland Revenue
Business Tax
Room 5E1, Fifth Floor
22 Kingsway


Tel: 020 7438 6442

Fax: 020 7438 6815

Responses may be made public unless respondents request otherwise.

Associated documents