08/27/2024
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.
08/21/2024
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.
08/21/2024
A UK company will be subject to UK corporation tax on its income profits and capital profits.
08/19/2024
The tax is calculated on a fixed amount per tonne.
08/16/2024
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.
08/15/2024
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.
08/12/2024
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.
08/09/2024
Stamp duty applies to transfer documents transferring stock or marketable securities.
08/02/2024
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.
07/31/2024
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.
07/30/2024
The clue is in the name but take note of the international nature of the definition.
07/24/2024
There is no uniform approach to how enquiries commence
07/23/2024
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.
07/18/2024
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.
07/08/2024
A new tax risk has also come into focus.
07/05/2024
A final target of Labour's tax plans are private equity managers who receive carried interest.
07/03/2024
Not all member states will be required to implement this measure.
07/02/2024
It is for the Romanian regional court to apply the CJEU’s case law to the circumstances in the Adient case to determine the outcome of that dispute.
07/02/2024
Rectification is usually pursued through an application to the High Court
06/24/2024
To vote in a General Election while resident outside the UK, an individual must be aged 18