The Chancellor, Rachel Reeves, in her Autumn 2024 Budget announced updates to the Targeted Anti-Avoidance Rule for loans to participators, enhanced tax relief for visual effects costs, amendments to R&D support in Northern Ireland, adjustments to the R&D intensity condition and administrative changes to Creative Tax Reliefs. The government also published the Corporate Tax Roadmap, which aims to restore stability and rebuild business confidence.

Budget 24 directors

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