The Postal Services Act 2011 (Taxation) (Amendment) Regulations 2016
These Regulations amend the Postal Services Act 2011 (Taxation) Regulations 2012 to exempt BIS (Postal Services Act 2011) Company Limited (registered number 07941521) from corporation tax for as long as it remains wholly owned by the Crown, within the meaning of sections 14 and 15(1) of the Postal Services Act 2011 (c.5).