-
Newsletter
Welcome to April’s edition of our UK Tax Round Up. This month has seen a number of interesting cases highlighting the need to taxpayers and HMRC alike to apply a realistic approach to the facts in assessing the tax consequences of uncommon arrangements and also saw HMRC publish its proposals for modernising elements of the tax system as its Tax administration and maintenance publications, including a consultation on stamp taxes on shares.
April 2023
-
Newsletter
Welcome to the November edition of the UK Tax Round Up. This month has seen the new Chancellor deliver his Autumn Statement following from the previous Chancellor’s so-called mini budget in October and the Court of Appeal’s decision denying deductions for certain expenses incurred in respect of the sale of part of the Centrica group’s business, among other developments.
November 2022
-
Newsletter
Welcome to February’s edition of our UK Tax Round Up. The month has seen interesting cases on the “entitlement” to income and the single and multiple supply tests for VAT as well as announcement of the publication date for the next Finance Bill and HMRC guidance on the imminent changes to the CSOP regime.
February 2023
-
Newsletter
Welcome to the December edition of the UK Tax Round Up. The month has been reasonably quiet, but there have been two interesting Upper Tribunal decisions on the loan relationships unallowable purpose test and application of the Ramsay principle to a dividend redirection scheme. The government has also announced Wednesday 15 March 2023 as the date for the Spring Budget.
December 2022
-
Newsletter
Welcome to March’s edition of the UK Tax Round Up. This month’s edition features comments on the recent Spring Budget together with a summary of some recent case law involving VAT due on services provided to ex-VAT group members and the application of the miscellaneous income tax provision to a reallocation of funds from an LLP to its members.
March 2023
-
Newsletter
Welcome to the January edition of the UK Tax Round Up. This month has been reasonably quiet, with another IR35 case decision and a decision on the recovery of input VAT incurred on a corporate fundraising and acquisition transaction among other developments.
January 2023
-
Newsletter
Welcome to May’s edition of our UK Tax Round. This month has been relatively quiet but there were a couple of cases that affect transactions that we see in practice, including an interesting update on what could constitute a results dependent distribution payment for a UK company.
May 2023
-
Newsletter
Welcome to July’s edition of our UK Tax Round Up. This month has seen more COVID-19 related developments, including confirmation that time spent on furlough will not adversely affect an employee’s eligibility to hold qualifying enterprise management incentive share options. In addition, the Finance Act 2020 was granted Royal Assent on 22 July.
July 2020
-
Newsletter
Welcome to May’s edition of our UK Tax Round Up. COVID-19 developments continue to dominate the government’s focus, but in addition there have been some interesting cases reported on and a scathing report from the Economic Affairs Finance Bill Sub-Committee on the off-payroll worker (IR35) regime and the proposed changes to it.
May 2020
-
Newsletter
Welcome to March's edition of our UK Tax Round Up. This has been a monumentous month, starting with the Budget on 11 March and then publication of the Finance Bill, the delay to the implementation of the IR35 rules for private sector workers and the various further announcements by the Chancellor aimed at providing assistance to people in the case of the COVID-19 crisis.
March 2020