The government is to amend the loss relief rules to correct a defect that may lead to excessive relief being allowed, with draft legislation which changes the way in which restricted losses are calculated by all companies, and also how the regime applies to insurers within the Basic Life Assurance and General Annuity Business (BLAGAB)

The government will go ahead with plans to abolish receipt checking for benchmark scale rates and changes to overseas scale rates, to simplify expenses related to travel

The government has published draft legislation to change the definition of mineralogical processes used to determine which businesses can claim exemption from the climate change levy, to ensure that this exemption remains operable following the UK’s departure from the EU