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Jersey and the Global Minimum Tax – the OECD Pillar Two Rules

The laws should be kept under review and advice confirming the application should be sought.

Ireland’s latest Finance Act provides tax clarity for multinationals

Ireland transposed the EU Minimum Tax Directive, which was based on the Pillar Two GloBE rules, into its domestic laws in 2023,

Tax rises for Charities in the UK following the October Budget Announcement

The uplift comes amidst other pressures facing the charities sector, including a 6.7% rise in the national living wage effective from 1 April 2025.

Setting up a UK subsidiary: key tax considerations

Companies must self assess their corporation tax liability.

Court of Appeal decision highlights complexities in group litigation orders

The Court of Appeal was tasked with considering three preliminary issues that had been previously addressed by the High Court in 2023.

Destination UK: Tax regime for new residents from 6 April 2025

From 6 April 2025, the concept of 'domicile' will largely cease to be relevant for tax purposes.

Guernsey Adopts OECD's Global Minimum Tax Rate of 15%

This 15% minimum rate is achieved through jurisdictions enacting the OECD's Global Anti-Base Erosion (GloBE) Rules.

Principal Procedural Obligations of a Taxpayer in The Bahamas

The key regulators in the Bahamian tax system are the DIR and the Department of Customs.

FATCA and CRS reporting deadlines for 2025

The Cayman Islands Department for International Tax Cooperation (DITC) has stated that it will consider appropriate compliance and enforcement action

Partial exemption and VAT recovery for UK businesses

These supplies all carry what is known as the right to deduct.

Jersey Adopts OECD's Global Minimum Tax Rate of 15%

These rules allocate taxing rights amongst certain jurisdictions that are relevant to the MNE group.

UK tax tribunal suggests stricter requirements for articulating commercial purposes

This dispute centres on the application of the UK’s “unallowable purpose” rules.

How the UK Budget impacts US citizens

US citizens and domiciliaries living in the UK now face unique challenges and opportunities as a consequence of these changes.

A review of the tax regimes in Singapore and Hong Kong

The position can be improved even further for those who wish to manage their investments from Singapore.

A review of the tax regimes in Singapore and Hong Kong

The position can be improved even further for those who wish to manage their investments from Singapore.

Carried interest tax changes will reshape fund manager compensation

A fund manager earning £500,000 in carried interest will see their tax liability increase from £140,000 under the previous 28%

UK budget: inheritance tax reform may free up land for renewable energy projects

These reforms are designed to ensure that small family farms and businesses remain protected.

Guernsey Companies: UK tax residence considerations

The articles of incorporation of a company will be a factor taken into account in determining who exercises CMC.

UK Budget: carried interest tax rate increased to 32% with further increases expected from 2026

The government intends to establish a working group with stakeholders to explore points of technical detail, with draft legislation being published during 2025.

Luxembourg: new tax measures introduced by the 2025 draft Budget law

To stimulate the housing market, the Draft Law proposes to reduce by half the taxable base for registration and transcription duties on real estate.