16 Mar, 2022 Caveat emptor – does a buyer always need to beware? By Elliot Chontow The short answer is yes – but a recent High Court decision reminds sellers (and their advisers) that caveat emptor has its limitations...
01 Mar, 2022 HMRC updates its guidance on the VAT treatment of contract termination payments By Jack Slater Chris Mortimer After a long wait, HMRC has finalised its guidance on the VAT treatment of contract termination payments in R&C Brief 2 (2022). The...
21 Feb, 2022 Next steps for UK funds regime review By Rhiannon Kinghall Were On 10 February 2022 HMT published its formal response to its review of the UK funds regime and set out a series of actions it is planning...
08 Jul, 2021 Britannia’s tax collectors rule the waves? By Damiano Sogaro Charishma Bhujohory Her Majesty’s Revenue and Customs (HMRC) maintained that no additional UK value added tax (VAT) would be payable by owners of pleasure...
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...
03 Mar, 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...
12 Nov, 2020 Enforcing security in a depressed property market By Timothy Bromley-White As many businesses now face another phase of closures, we are seeing borrowers and lenders reconsidering and restructuring their finance...
30 Jan, 2020 Brexit tax: VAT – The final countdown By Charishma Bhujohory The European Union (Withdrawal Agreement) Bill received royal assent on Friday 24 January 2020 and yesterday the European Parliament...
21 Jan, 2020 VAT recovery for UK private equity funds By Chris Mortimer In the recent case of Melford Capital General Partner Ltd, a UK private equity fund was found by the First-tier Tribunal (FTT) to be...
21 Aug, 2019 The future is digital - starting with VAT By Charishma Bhujohory Chris Mortimer A key takeaway from the Base Erosion and Profit Shifting (BEPS) Action Plan was the challenge of taxing a global economy in the throes of...
02 Nov, 2018 Budget 2018: VAT By Charishma Bhujohory There was relatively little mention of VAT in the Budget but there were some potentially significant announcements regarding perceived...
24 Aug, 2018 VAT and a "no deal" By Charishma Bhujohory VAT, at its core, derives from EU law. Inevitably, specific changes would need to be made to the UK’s VAT rules in the event of a “no...
23 Aug, 2018 A "No Deal" Brexit Checklist By Ashley Greenbank Earlier today (23 August 2018), the Government began to publish its technical papers containing advice on preparations for the UK leaving...
12 Mar, 2018 A lot of huffing and puffing... By Ashley Greenbank It's the week of the Spring Statement, an event which, if reports are to be believed, promises a lot of announcements but not much...