Dec 20, 2022 Pillar Two safe harbour among raft of OECD consultations By Bezhan Salehy The OECD has today published a package of BEPS 2.0 policy documents that will give tax aficionados plenty to read by the fireside over...
Dec 13, 2022 EU Council agrees minimum tax directive By Bezhan Salehy The EU delivered an early Christmas present for supporters of the OECD Pillar Two global minimum tax initiative on Monday, as Member...
Nov 18, 2022 Autumn Statement 2022: full steam ahead for UK implementation of global minimum tax By Lucy Urwin The Chancellor has confirmed that the UK Government is to press ahead across the board with UK implementation of the new global minimum...
Nov 17, 2022 Autumn Statement 2022 – more tax but no major policy changes for private clients By Clare Wilson Following the economic turmoil resulting from Kwasi Kwarteng’s (now largely reversed) “Growth Plan” on 23 September, Jeremy Hunt was...
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 26, 2022 Bankers’ bonuses: the cap is scrapped By Tom Ingham As part of the Chancellor’s £45bn package of tax cuts set out in the “mini-Budget” on 23 September, it was announced that the "bankers’...
Sep 23, 2022 Reversal of changes to off-payroll worker rules (IR35) By Philip Swinburn The Chancellor announced this morning at the “mini-Budget” that the recent changes to the “off-payroll worker” rules (commonly referred...
Aug 30, 2022 Uncertain tax treatment – employment status and the HMRC CEST tool By Philip Swinburn The employment status of a worker determines how they are taxed. This has been an area of increased scrutiny for the government in recent...
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 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 30, 2022 BEPS 2.0 – losing momentum? By Elizabeth Keeling The Financial Times report that the OECD’s two-pillar agreement to re-allocate some taxing rights to market economies (Pillar One) and...
May 27, 2022 New guidance for tax as a governance matter in 2022 By Lucy Urwin The European Business Tax Forum (EBTF) last week released its first working draft of a set of “best practices for good tax governance”....