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UK tax treatment of REITs

To qualify for REIT status a company must fulfil a number of conditions

BCLP’s UK Tax Team recognized in ITR ‘World Tax’ rankings 2025

International Tax Review (ITR) is a global news and analysis service that provides leading business intelligence on all things corporate tax.

International Tax Review Ranks Maples Group’s Multi-Jurisdictional Tax Teams as Leading Tax Practices

Tax Consultant Ted O’Byrne in the firm’s Irish office was recognised as a “Rising Star”.

Notification of uncertain UK tax treatment by large businesses

HMRC estimates that £3.9 billion of the estimated £39.8bn UK 'tax gap' for 2022-23 is attributable to legal interpretation, most of which involves disputes with large businesses.

15% Global Minimum Tax Rate: Draft Legislation lodged in Jersey

The draft legislation is expected to be debated in early October, with a view to the new rules coming into effect on 1 January 2025.

An introduction to tax for UK companies

A UK company will be subject to UK corporation tax on its income profits and capital profits.

UK plastic packaging tax data shows environmental and economic impact

The tax is calculated on a fixed amount per tonne.

Upcoming Deadline to Dispute California Property Tax Valuation

Property owners who believe that their property is currently assessed at higher than fair market value may significantly benefit from a decline-in-value assessment appeal.

Corporate criminal offences of failure to prevent the facilitation of tax evasion

All businesses should have introduced measures to ensure that they are aware of and have control over how their employees, agents and service providers are operating to reduce their risk of exposure to the CCOs.

Maintaining non-UK tax residence

Non-UK companies sometimes want to maintain their non-UK tax residence status for tax purposes and, therefore, will need to follow the UK's tax rules on corporate residence.

Stamp duty implications for corporate transactions

Stamp duty applies to transfer documents transferring stock or marketable securities.

Bermuda Corporate Income Tax and the Shipping Income Exclusion

These groups are defined as those operating in multiple jurisdictions with consolidated revenues of at least €750 million in two out of the previous four fiscal years.

UK government calls for evidence on carried interest tax ‘loophole’

The government notes that there are a range of circumstances in which carried interest is received, and that the characteristics of the reward will not be the same in all cases.

Shipping and Bermuda’s Corporate Income Tax Act

The clue is in the name but take note of the international nature of the definition.

Managing HMRC IR35 enquiries: tips for UK businesses

There is no uniform approach to how enquiries commence

UK private equity industry faces uncertainty over taxation of carried interest

Carried interest payments are due when a fund reaches a certain level of profitability and an agreed-upon amount of profit has been distributed to investors.

Contractual terms will be crucial to claiming UK tax relief on contracted-out R&D

The terms of the contract in which the R&D is contracted out by a business and undertaken by another party will be important to that business claiming tax relief for the costs of the contracted out R&D.

VAT policy to spur UK private schools M&A deal activity

A new tax risk has also come into focus.

Keir Starmer victory – How will UK taxation change under the new Labour Government?

A final target of Labour's tax plans are private equity managers who receive carried interest.

What the ‘FASTER’ tax reforms could mean for EU investors

Not all member states will be required to implement this measure.