NEWS

The Securitisation Companies and Qualifying Transformer Vehicles (Exemption from Stamp Duties) Regulations, SI 2022/464, provide an exemption from stamp duty and stamp duty reserve tax (SDRT) for the transfer of certain types of loan notes issued as...

Tax Journal thanks its authors for April 2022. Clink on links below to view author profiles:

Shadow Chancellor Rachel Reeves has announced that the Labour Party will abolish non-dom status, which top Tories have benefitted from while raising taxes on working people. The announcement follows the recent controversy over the tax...

On 6 April 2022, ten new boxes became live on CT600B, a supplementary page to the company tax return, following changes made to the hybrid and other mismatches legislation in FA 2021. UK companies are now required to include certain information...

From 6 April 2024, the self-employed, including partnerships, will have to pay tax on the profits they earn for the tax year (the tax year basis) rather than on the profits of a period of account ending in the tax year. Businesses that do not draw up...

A draft report on the impact of cryptoassets and blockchain on taxation was tabled before the European Parliament sub-committee on tax matters on 25 April. Proposals include an assessment of national policies to combat fraud and the creation of a new...

The Court of Appeal (CA) has released two judgments on the IR35 intermediaries legislation. In Kickabout Productions Ltd [2022] EWCA Civ 502, the CA upheld the Upper Tribunals (UTs) decision, finding that the contracts contained an...

HM Treasury has announced the launch of the UK transition plan taskforce to help drive decarbonisation by ensuring that financial institutions and companies prepare rigorous plans to achieve net zero. It will bring together leaders from industry,...

Belize and Cameroon have deposited their instruments of ratification for the multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting (convention or MLI) with OECD. For Belize and Cameroon, the...

The Society of Trust and Estate Practitioners (STEP) has published a position paper EU sanctions against trusts with a ‘Russian connection’ which aims to provide guidance for trust and company service practitioners who need to withdraw their services...