Market leading insight for tax experts
View online issue

Tax and the City briefing for January 2018

Speed read

The Autumn Budget and Finance Bill 2018 contain some welcome developments for banks (for once). Nevertheless, the City continues to face challenges in 2018 in applying the complex legislation from 2017 on interest restriction. (The global differences in interest restriction rules are proving a big headache for multinationals.) HMRC’s final guidance on the penalties for enablers regime contains a revised section on the interaction with the code of practice on taxation for banks. Final hybrids guidance is added to HMRC’s International Manual but further tweaks to the legislation will be made. The new regime for the taxation of insurance linked securities begins.

If you are not a subscriber, subscribe now to read this content.
If you are already a subscriber, sign in
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
EDITOR'S PICKstar
Top