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...
Oct 05, 2022 How should businesses respond to the recent IR35 announcement? By Philip Swinburn Nigel Doran Jeremy McCallum The recent announcement at the “mini-Budget” to reverse the changes to the IR35 rules bring the legislation back to where it was before 6...
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...
Jul 22, 2022 Relaxation of CGT rules on separation and divorce By Naomi Charrington On 20 July, the Government published draft legislation for the Finance Bill 2022/23 which amends the capital gains tax (CGT) rules for...
Mar 24, 2022 Spring Statement 2022: key points for private clients By Clare Wilson Yesterday, the Chancellor delivered his first Spring Statement since the pandemic, against the backdrop of a cost of living crisis and a...
Dec 02, 2021 HMRC takes action to improve large business tax administration By Rhiannon Kinghall Were There has been growing recognition that the relationship between large businesses and HMRC has become more strained. It was therefore...
Dec 02, 2021 Tax Day: points for private client practitioners By Paul Hardwick Tuesday was the UK’s second so-called “Tax Day” and, as promised earlier this month, the Government has published various papers,...
May 17, 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...
Apr 09, 2021 Tax Day leads to calls for trust tax reforms By Paul Hardwick Following the Tax Day announcement that the Government would not conduct any holistic reform of the taxation of trusts, the CIOT has...
Mar 24, 2021 An update on HMRC's drive to uncover uncertain tax positions By Gregory Price I wrote last year about a proposal that all large businesses be required to notify HMRC in advance if they are taking a tax position that...
Mar 23, 2021 Tax day: the key points for businesses By Rhiannon Kinghall Were Today the Government published their tax policies and consultations for Spring 2021, comprised of an overview Command Paper, eight...
Mar 09, 2021 The small print of the 25% corporation tax By Rhiannon Kinghall Were Last week the Chancellor announced at the Budget that the rate of corporation tax in the UK will increase to 25% by April 2023. While the...
Mar 03, 2021 Budget 2021: from fiscal drag to super deductions By Gregory Price As the Chancellor sits down after delivering his speech, let's start with the things that have not become more complicated. The rates and...