Written Question·Treasury·UIN 37900
Intellectual Property
Tabled: 12 March 2025
Answered: 19 March 2025
Question
Chris Coghlan
Liberal Democrat — Dorking and Horley
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of expensing intellectual property transactions.
Answer
James MurrayThe UK’s Intangible Fixed Asset (IFA) regime offers generous and internationally competitive relief for acquired intangible assets like trademarks and licences. In addition, UK businesses can benefit from the biggest tax treaty network in the OECD – which...
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