BPF response to advance tax certainty for major projects

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Published date:: 19 June 2025

Tags: Tax & Finance,; Offices,; Industrial & Logistics,; Living Sectors,; Retail & Leisure,; High Streets & New Towns,; Construction & Building Safety,; Planning & Development

We responded to this joint HMRC and HM Treasury consultation, which proposes to introduce an advanced tax clearance process for those investing in major projects in the UK. We recognise the importance of stability and certainty of tax and regulation for investors.

To that end, we fully support efforts to provide greater advanced certainty for major projects and would encourage Government to go further to ensure that tax certainty is prioritised more broadly, beyond only the very largest of investments.