PRIVATE BUSINESS TAXES

The tax implications of Covid-19 is something all businesses are now grappling with. Freshfields’ London tax team answers the key questions.

Although the reduction in the entrepreneurs’ relief lifetime limit from £10m to £1m was a straightforward change, detailed anti-forestalling rules in the Finance Bill mean that planning undertaken in anticipation of this will need to be carefully considered, writes Robert Langston (Saffery Champness).

Jitendra Patel (BDO) examines the rules six years since their introduction and in light of the first reported case on their application.

This weeks Budget was hotly anticipated, with many commentators expecting the government to refocus its attention on the domestic tax and spend agenda, having put Brexit to bed. The coronavirus outbreak has put a bit of a spanner...

The tax affairs (and, more specifically, the tax returns) of partnerships and partners continue to create more than their fair share of controversy and procedural dispute. The latest is the First-tier Tribunal decision in Grinyer [2020] UKFTT 64 (TC).

Alan Barr and Isobel d'Inverno (Brodies) examine the first ever Scottish Budget to be delivered before its UK equivalent.

David Southern QC (Temple Tax Chambers) examines where things stand following publication of the first batch of draft legislation that restricts the loan charge.