Responses to the consultation on measures to rebalance the Northern Ireland economy will be accepted until 1 July. The consultation paper published in March invited comments by 24 June.
Tax professionals have welcomed two government consultations on reforms designed to support innovation and productivity in the UK.
New research suggests that the UK has one of the highest tax burdens for both low and high earners of ‘any major economy’, according to UHY Hacker Young.
A comprehensive double taxation convention between the UK and the Federal Democratic Republic of Ethiopia was signed on 9 June.
The Government has published two consultation documents with the stated aim of supporting innovation and productivity in the UK.
Robert Langston provides an outline of the rules in TCGA 1992 s 13 which can attribute the gains of overseas companies to UK shareholders
Switzerland’s has made ‘rapid progress’ to implement a commitment to the internationally agreed standard on exchange of information for tax purposes, the OECD reported.
TIEAs signed in January 2010 between the UK and the following territories entered into force on 19 May:
Chris Morgan provides your monthly review