Nov 28, 2022 UK MDR and DAC6 By Jeremy McCallum HMRC has published its summary of responses to the consultation process with respect to the UK mandatory disclosure rules (UK MDR). The...
Sep 27, 2022 New lease of life for Company Share Option Plans? By Rasmus Berglund Tom Ingham Part of the Chancellor’s “mini-Budget” on Friday 23 September included news that, from 6 April 2023, the longstanding limit on the value...
Sep 05, 2022 Creating policies fit for purpose – hybrid working arrangements By Philip Swinburn Matthew Ramsey The Office of Tax Simplification (OTS) has released an open consultation on the emerging trends and tax implications of hybrid and...
Aug 02, 2022 Is working from a holiday home about to become simpler? OTS launches review of remote working By Rhiannon Kinghall Were Philip Swinburn The pandemic has created a notable shift in the approach individuals and companies are taking to remote working which prompts a number of...
Jul 21, 2022 L-Day: formal UK transfer pricing documentation requirements given the green light By Adrian Maasch As part of the draft 2022-23 Finance Bill legislation released yesterday, formal UK transfer pricing documentation requirements have been...
Jul 21, 2022 L-Day: UK Pillar Two implementation marches on By Bezhan Salehy Tax enthusiasts will have plenty to read on the beach this summer following yesterday’s publication of the UK Government’s summary of...
Jul 11, 2022 EC follow-up proposal linked to non-EU shell entities published By Rhiannon Kinghall Were Since the European Commission (EC) stated its intention to widen the scope of the Unshell Directive (ATAD 3) to tackle non-EU shell...
Jul 05, 2022 Waning immunity? Government consults on reforming sovereign immunity from tax By Bezhan Salehy Kirsten Prichard Jones Sarah Shucksmith Sovereign immunity – the principle that foreign governments and heads of state have immunity from certain taxes including Income Tax,...
Jun 22, 2022 Updated Qualifying Asset Holding Company guidance on the activity condition By Rhiannon Kinghall Were HMRC recently updated its guidance on the distinction between trade versus investment in relation to the Qualifying Asset Holding Company...
Jun 14, 2022 UK defers Pillar 2 commencement to 31 December 2023 By Bezhan Salehy Rhiannon Kinghall Were In a surprise announcement today the UK government has postponed the start date for its Pillar 2 top-up tax rules by nine months to 31...
May 27, 2022 Tax rule change may encourage UK investment managers to hold cryptoassets By Rebecca Rose As trailed by the Treasury back in April, HMRC has published a consultation on expanding the list of “investment transactions’” which...
May 09, 2022 Pillar One: assessing the asset management carve-out By Bezhan Salehy On 6 May the OECD published its proposals for the exclusion of regulated financial services activities from Pillar One of the BEPS 2.0...
Apr 14, 2022 Challenges and opportunities for ESG-linked pay in 2022 By Lucy Urwin Last week Ras Berglund and I spoke at the ESOP Centre’s 2022 Share Schemes Symposium about the growing impact of ESG on executive...
Apr 06, 2022 UK to amend tax rules in aim to become a “global cryptoassets hub” By Rebecca Rose Gregory Price In a speech at Innovate Finance Global Summit on Monday 4 April, John Glen, Economic Secretary to the Treasury, set out the UK...
Apr 01, 2022 UK asset holding company regime opens for elections By Rhiannon Kinghall Were Following two years of consultation, the UK qualifying asset holding company (QAHC) regime has opened its doors. From 1 April 2022...
Mar 25, 2022 Spring Statement 2022: key announcements for tax compliance By Jackelyn West Sophie Rhind It comes as no surprise that the Spring Statement 2022 is focused on the cost of living crisis exacerbated by the war in Ukraine. As well...