The tax authority confirmed that it has written to the House of Lords Economic Affairs Finance Bill Sub-Committee, setting out the government’s decision on which of the options for easements for provisional figures to take forwards, and also providing updates on overlap relief and communications.

On provisional figures, after considering the feedback provided by stakeholders, as well as the legislative complexity and delivery implications of the options available, the Government has decided to take forward the option that would allow businesses to amend provisional figures to the normal time limits for amendments.