Karen Hughes, corporate tax partner, Lovells, discusses the practical implications of the new loan relationships and derivative contracts 'degrouping' charges
Sara Luder of Slaughter and May looks at the new tax arbitrage rules in Finance (No. 2) Act 2005
David Blumenthal, Tax Partner, Dewey Ballantine, compares the US and UK approaches to tax avoidance
Michael Ingle of Baker & McKenzie LLP's London Employee Benefits Group considers HMRC's recently issued Bulletin on NICs on share benefits for internationally mobile employees
Mathew Oliver, Lawyer at Lovells, discusses the proposed changes to the taxation of leased plant and machinery as set out in the latest Technical Note published by HMRC on 21 July
Robin Williamson, Technical Director of the Low Incomes Tax Reform Group, reports on this year's Tax Faculty Residential Conference, held on 24/25 June 2005, and asks 'How healthy are your clients' businesses?'
Alan Dolton continues our coverage of the Finance Bill Debates in Standing Committee B
Leonard Beighton considers the social implications of tax credits. He is a member of the Low Incomes Tax Reform Group and a consultant to CARE (Christian Action, Research and Education)