Review of the corporate intangible fixed assets regime

ACCA comments on a public consultation issued by the HM Treasury and HM Revenue & Customs in May 2018.

ACCA welcomes the opportunity to comment on this timely review of the corporate intangibles fixed asset regime. As technology drives the rise of new business models, intangible assets have become central to how businesses around the world generate economic value. The IFA regime therefore has a crucial part to play not only in protecting the UK’s international competitiveness, but also in addressing the domestic productivity challenge.