Research to Support Change to Corporation Tax Policy and Process

Tender description

The way in which HMRC taxes and supports businesses to encourage economic growth, increase productivity and incentivise investment and innovation, has become even more important following the Covid pandemic. This is particularly true for smaller companies which are the backbone of the UK economy, driving growth and creating employment opportunities. HMRC has existing methods of engagement with large businesses to gain their views on managing their CT obligations. HMRC wants to conduct research to better understand the experiences and support needs of smaller and mid-sized businesses. In addition, insight suggests that some micro-businesses choose to trade as a limited company without fully understanding what this involves. This has consequences for corporate and personal compliance and can create unforeseen administrative burdens for the customer. To support policy changes, HMRC wants to better understand the experiences of these businesses once they have incorporated. The findings from this research will enable HMRC to identify, prioritise and design CT policy simplifications and process improvements.