Draft statutory instruments and explanatory notes were published in relation to Double Taxation Relief and International Tax Enforcement Orders (Austria, Mexico, Oman, Singapore and Switzerland) and International Tax Enforcement Orders (Anguilla, Bahamas, Gibraltar, Liechtenstein and Turks &
The UK’s top rate of personal income tax is ‘substantially above the OECD average and likely to adversely affect work incentives and entrepreneurship’, according to an OECD report. Consideration should be given to reducing the rate to close to 40%, it said.
What does the Emergency Budget mean for the future of the UK's asset management industry? Eliza Dungworth provides analysis
Elizabeth Stone reviews the changes recently implemented by HMRC to create a more flexible and practical regime for offshore funds distributing to the UK marketplace
Recent changes to the UK tax treatment of funds have significantly enhanced their international competitiveness. Steve Lynam summarises the current state of play.
‘BP is forecast to pay about $10bn (£6.7bn) less tax over the next four years as it meets the costs of its huge oil spill in
Review of the Budget by Chris Sanger
Simon Whitehead summarises the latest decision in the Marks & Spencer cross-boarder group relief case
Alex Chadwick and James Smith explain the new procedure for treaty relief claim
Your impartial need-to-know guide to the coalition Government's emergency Budget