In brief: 27 July 2023

24 July 2023

Issue: 4898 / Categories: News

Investment zone

South Yorkshire has been named as the first UK investment zone. It is focused on advanced manufacturing and includes the University of Sheffield and Sheffield Hallam University. It is expected that the investment zone will help leverage more than £1.2bn of private funding and help support more than 8 000 jobs by 2030. The government will announce more investment zones in due course.

tinyurl.com/govinvzonesouthyork

Research and development

The Relief for Research and Development (Content of Claim Notifications Additional Information Requirements and Miscellaneous Amendments) Regulations SI 2023/813 specify the information to be provided by companies in support of their claims for research and development tax reliefs and detail digital filing requirements.

tinyurl.com/si2023813

Transfer pricing

The Organisation for Economic Co-operation and Development (OECD) is consulting on amount B – including the design of the scope and pricing methodology – under Pillar One relating to the simplification of transfer pricing rules. Comments should be emailed to

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Subscribe Now...

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.

Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.