Peter Williams is an Indirect Tax Partner at RSM UK, based in Birmingham. He advises corporate clients on all aspects of VAT, with extensive experience in retail, manufacturing, leisure and hospitality. His areas of specialism include real estate, leisure and hospitality, and corporate insolvency. Email: peter.williams@rsmuk.com.
Alejandro Rivero is a Transfer Pricing Associate Director at RSM UK. He has a decade of international tax and transfer pricing experience, including roles at major US multinationals, advising on cross-border tax issues, transfer pricing policy design and tax audit defence. Email: alejandro.rivero@rsmuk.com.
Paul Minness is a Transfer Pricing Partner who leads the transfer pricing team at RSM UK. He has over 25 years’ experience advising international groups from a broad range of industries across all areas of transfer pricing, including design, documentation and audit defence. Email: paul.minness@rsmuk.com.
There is no protection in the legislation for taking a credible view or making a genuine error. All practitioners have to rely on is HMRC’s Compliance Handbook.
The new loan charge settlement scheme may resolve many cases but offers limited benefits for higher-value cases writes David Pett (Temple Tax Chambers).
HMRC say paid entry prize draws are standard rated but the VAT exemption may not follow Gambling Act classification. Jonathan Peacock KC (11 New Square) and Peter Williams (RSM UK) explain.
Loviisa Langdon and Alexander Cox (Kirkland & Ellis) explain how the new carried interest rules apply to evergreen funds and highlight the complexities surrounding timing valuation and average holding periods.
