Claims for ACT credits were time-barred
The Capital Allowances (Energy-saving Plant and Machinery) (Amendment) Order, SI 2015/1508, gives statutory force to the revised Energy Technology Criteria List and Energy Technology Product List with effect from 4 August 2015.
The first Conservative Budget for 19 years sees ‘Osborne unbound’, writes Chris Sanger (global head of tax policy, EY) in Tax Journal. This was ‘a reforming Budget’ which sets out plans for a lower tax future ‘but boosts the exchequer’s coffers greatly in the short term’.
With the first Budget of the new parliament, George Osborne showed himself to be a skilled politician but not a tax reformer, David Smith writes.
Eloise Walker and Jeremy Webster (Pinsent Masons) consider the ambit and some key practical issues arising out of structuring a true sale securitisation.
Capital allowances schemes failed
Oil and gas company: gains subject to the supplementary charge