27 May, 2021 The growing reach of the economic substance rules By Riley Forson In November 2020, the EU Code of Conduct Group submitted a report to the Council of European Finance Ministers stating that the economic...
25 May, 2021 Changes to the planning regime for high rise residential buildings due this summer By Fiona Bishop Rebecca Delaney Developers may have to submit a fire statement alongside a planning application for relevant multi-occupied residential buildings from 1...
24 May, 2021 Who owns the copyright in software created while working from home? By Martha Campbell In the recent UK High Court decision of Penhallurick v MD5 Ltd [2021] EWHC 293 (IPEC), the High Court ruled that certain copyright works...
24 May, 2021 Increase in capital gains tax off the agenda? By Paul Hardwick The FT has reported that the Office for Budget Responsibility’s forecasts for public borrowing may well be overstated. If true, the...
24 May, 2021 Further changes on the horizon – the VAT e-commerce package By Charishma Bhujohory As the dust settles on Brexit, businesses will need to brace themselves for another wave of change on the VAT front – the implementation...
20 May, 2021 EU tax reform: is “BEFIT” befitting of introduction now? By Rhiannon Kinghall Were The European Commission (EC) has recently set out its plans for business tax reform in the 21st Century. The BEFIT measure (which stands...
18 May, 2021 The first buds of spring: new cannabis company float shows take up of FCA listing rules By Max Hobbs Those who work in the nascent legal cannabis industry in the UK, including investors and advisors, will be interested to note that a new...
17 May, 2021 Pulling the Tooth out: no concept of staleness By Damiano Sogaro The decision by the United Kingdom Supreme Court in HMRC v Tooth published on Friday is notable for rejecting the existence of staleness...
17 May, 2021 Contractor insolvency: three things clients should be aware of By Doug Wass Last week, we ran a webinar about contractor insolvency. The discussion was wide-ranging, including the (a) warning signs to look out...
17 May, 2021 The OECD sets its sights on inherited wealth By Michael Shaw There has been public debate over using wealth taxes as a way to fund the massive government spending during the Covid-19 pandemic. But...
17 May, 2021 Let's get digital: UK does not endorse US tax plans By Ashley Greenbank The Financial Times reported this weekend that the UK is not endorsing the latest intervention by the new US administration in the OECD...
13 May, 2021 Is an EU carbon border tax on the horizon? By Lucy Urwin Riley Forson Not only are carbon border taxes an interesting policy proposal in theory (on which we recently reflected here), but something that some...
12 May, 2021 Not so wise: the FCA imposes a new fine for anti-money laundering failings By Lorna Emson Max Hobbs The Financial Conduct Authority (FCA) has imposed a £178,000 fine (reduced from £236,740 to avoid serious financial hardship) on Sapien...
11 May, 2021 Beyond LIBOR: transatlantic divergence in loan markets By Jamie Macpherson A recent FT Alphaville article considers the state of play in the ongoing transition from LIBOR and usefully focuses on the market...
11 May, 2021 ESG in the boardroom: the rise of the "CFSO"? By Lucy Urwin Finn Halton Given the popular view that a company’s ESG profile can have a material effect on its financial performance, you might expect that...
10 May, 2021 Largest residential property developers to pay their “fair share” – the government publishes consultation on new residential developer tax By Fiona Bishop Rebecca Delaney The government recently published a consultation containing the proposed operation and scope of a new Residential Property Developer Tax...