Authors: Clare Bouwer, Sahana Keshav

UK Tax News - Issue 7 (2024)

UK Tax News is a round-up of recent UK tax developments relevant to large businesses.

In this week’s edition, we report on the Spring Budget delivered by the Chancellor. We have covered some interesting cases on the application of the Ramsay principle to defeat a dividend replacement avoidance scheme and on the trading status of a company for the purposes of entrepreneurs’ relief. Finally, we have reported on regulations made on NICs limits and thresholds for 2024-25 and the publication of updates to the Stamp Taxes manual for changes to the 1.5% charge.