Revenue eBrief No. 028/21

15 February 2021

Tax relief for new companies, UK companies

As a result of the provisions of the Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Act 2020, s486C(1)(a) has been amended to include a reference to the United Kingdom in respect of the definition of a new company. Tax and Duty Manual Part 15-03-03 has been updated to reflect this amendment.