10 Tax Rankings
Chambers 2022
9 Tax Rankings
Legal 500 2022
Band 1 Tax
Chambers 2022, Europe-wide
26 enero 2023 // Publication
UK Tax News is a round-up of recent UK tax developments relevant to large businesses.
In this week’s edition we report on an interesting case on whether input VAT incurred by an acquiring company on a reverse takeover and fund raising was recoverable. We also cover a decision on whether disqualifying arrangements were in place preventing EIS relief from being available to investors. Finally, we report on the passage of the Stamp Duty Land Tax (Temporary Relief) Bill through Parliament.
25 enero 2023 // Publication
This month our two-page guide looks at various topics including the: challenge to the Conduct of Employment Agencies and Employment Business (Amendment) Regulations 2022; Strikes (Minimum Service Levels) Bill; challenge to the Tesco Stores Ltd v USDAW decision; OTS policy paper on tax implications of hybrid and distance working; EU Proposal for Directive on pay transparency; Government consultation on calculating holiday entitlement; prospectus regime legislation; High Pay Centre’s High Pay Hour 2023; HMRC updated guidance on remuneration trusts.
19 enero 2023 // Publication
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 Royal Assent of the Finance Bill 2022-23. There have been some interesting cases on determining the date of transfer of goodwill from a partnership to a company, whether subsistence expenses were taxable, the pension scheme sanction charge on an unauthorised employer payment, and an appeal regarding interest on bad debt claims. We have also reported on the publication of the UK MDR regulations, and HMRC’s consultation on simplifying R&D tax reliefs.
12 enero 2023 // Publication
On December 29, 2022, the IRS and Treasury issued proposed regulations relating to the qualification of a real estate investment trust (“REIT”) or a registered investment company (“RIC”) as a domestically controlled qualified investment entity (the “Proposed Regulations”). The Proposed Regulations may impact sponsors and non-U.S. investors in real estate funds, private equity funds and other tax structures involving REITs.
5 enero 2023 // Publication
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 passage of the Finance Bill through Parliament. We have covered an interesting case on when the duty to notify arises under the DOTAS regime. We have also reported on HMRC’s consultation on draft guidance on revisions to R&D tax reliefs, and the publication of draft legislation on the Electricity Generator Levy. Finally, we have covered the Office of Tax Simplification’s report on hybrid and distance working.
22 diciembre 2022 // Publication
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 Chancellor’s announcement of the date for the Spring Budget 2023. We have covered regulations extending the IME to transactions in certain crypto-assets and amending certain NICs thresholds. We have reported on the EU Member States reaching an agreement to implement the EU Pillar 2 directive, and the OECD’s implementation package for Pillar 2. Finally, we have covered HMRC’s consultation on draft regulations on transfer pricing documentation measures.
21 diciembre 2022 // Publication
This month our two-page guide looks at a range of topics including: the EU directive for gender targets on boards adopted by the European Parliament; the Government’s response to the flexible working consultation; the end of the four-day working week trial; a review of the Senior Managers and Certification Regime; two more episodes of our Diversity Faculty podcast series; our online Directors’ Remuneration Report guide; EU market abuse rules changes; bonus cap removal and MRTs in public sector roles; Climate Transition Plan disclosure; and global share plans update.
15 diciembre 2022 // Publication
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 Edinburgh Reforms to financial services, which include a consultation on the VAT treatment of fund management services, an expansion of the IME to include cryptoassets and changes to the REIT rules. There have been some interesting cases, including a CJEU decision on DAC6 notification obligations infringing legal professional privilege. We also cover HMRC’s Banking Code of Practice report and the latest OECD Pillar One consultation.
13 diciembre 2022 // Publication
On 18 November 2022, the Council of Ministers approved the 2022 Program Law (the “Draft Law”) introducing a number of changes to the existing tax treatment of copyright related income under Belgian tax law. This is a special personal income tax regime where income from copyright is taxed in the hands of the individual copyright holder at a flat rate (the “Copyright Tax Regime”). These changes have essentially been suggested in an effort to limit the budgetary impact of the existing legislation, as well as to put an end to the alleged tax abuse of the Copyright Tax Regime.
8 diciembre 2022 // Publication
UK Tax News is a round-up of recent UK tax developments relevant to large businesses.
In this week’s edition we report on passage of the Finance Bill through Parliament. There have also been some interesting cases on the taxation of dividends, and on the application of the unallowable purpose rule to a reorganisation of group debt. We have covered a case on capital allowances on a nuclear deconversion facility, and on input VAT recovery on leases held by a nominee company on behalf of a partnership. Finally, we have covered HMRC’s consultation on changes to the DASVOIT rules.
1 diciembre 2022 // Publication
UK Tax News is a round-up of recent UK tax developments relevant to large businesses.
In this week’s edition we report on amendments to the current SDLT Bill to provide for it to have temporary effect. There have also been cases concerning an SDLT sub-sale relief scheme and the taxation of amounts paid under a settlement agreement. Finally, HMRC has published a response to the consultation on the mandatory disclosure rules and details of a new double tax treaty with Brazil.
24 noviembre 2022 // Publication
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 publication and first reading of the Finance Bill. There have also been interesting cases on when expenses of management are capital in nature, a gilt strip tax avoidance scheme, and the VAT treat of vouchers issued by employers to staff. Finally, we set out the timetable for the closure of the Office of Tax Simplification.
24 noviembre 2022 // Publication
This month our two-page guide includes: bill on minimum service levels during strikes; EAT decision on the scope of settlement agreement waivers; government backed bills on redundancy protection for families, unpaid leave for carers and flexible working; new legislation making exclusivity terms for low earners unenforceable; Autumn Statement; PRA to review bankers’ pay; first IFPR disclosures; FRC Corporate Governance Reporting review; updated guides from the Investment Association, Glass Lewis and ISS.
18 noviembre 2022 // Publication
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 Autumn Statement delivered by the Chancellor. We have covered the regulations on the transitional impact of IFRS 17 on insurers and on the service of documents to companies for SDLT purposes. We have also reported on the OECD agreements signed by the UK for the automatic exchange of information under the OECD MDR and Model Rules for Reporting by Digital Platforms, and the CJEU’s decision in the Fiat/Chrysler State aid appeal.
10 noviembre 2022 // Publication
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 regulations made by Parliament to preserve the regulatory capital exemption for banks from the anti-hybrids rules and the order made to give effect to the new OECD transfer pricing guidelines in the UK. We have also covered a case on the applicability of a 12-month time limit to SDLT repayment claims arising on the non-completion of a substantially performed contract.
3 noviembre 2022 // Publication
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 new date for the Autumn Statement. We have also reported on Royal Assent of the Health and Social Care Levy (Repeal) Act 2022 and the introduction of the Stamp Duty Land Tax (Reduction) Bill to Parliament. We have covered some interesting cases on Enterprise Zone Allowances, and whether HMRC was entitled to reject an input VAT claim due to the taxpayer’s failure to provide evidence of the amount of input tax claimed.
26 octubre 2022 // Publication
This month our two-page guide includes: New bill providing for expiry of retained EU legislation; Judicial review proceedings against allowing the supply of temporary agency workers during strikes; ET decision on football fans and philosophical beliefs; Linklaters panel discussion on the cost of living crisis; HPC report on 2021 CEO pay disclosures; CSOP limit doubles; Bankers’ bonus cap removal; Reversal of the 1.25% increase in NICs and repeal of Health and Social Care levy; HMRC guidance on EMI options and discretion; EAT decision on participation in SIP after TUPE.
20 octubre 2022 // Publication
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 reversal of various Growth Plan tax measures. There has been an interesting case on whether HMRC was entitled to refuse a trader’s VAT credit claim until verification. We have also covered the Health and Social Care Levy (Repeal) Bill, the UK’s ratification of the UK-Luxembourg double tax convention, and the publication of draft regulations to implement the OECD’s Model Reporting Rules for Digital Platforms.