Intellectual Property
Commons · Question 37900 · Tabled 12 Mar 2025 · Treasury · Official record
Answered 19 Mar 2025
Question
Asked by Chris Coghlan
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of expensing intellectual property transactions.
Answer
Answered by James Murray, 19 Mar 2025
The 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...