PENSIONS INVESTMENTS

Businesses cite technical difficulties and administrative burdens

The High Court has ordered HMRC to publicise a group litigation order (GLO) made last month in respect of claims made by members of Recognised Overseas Self-Invested International Pensions (Singapore) (ROSIIP) that they had a legitimate expectation that transfers of UK pension savings to ROSIIP w

Statutory residence test The responses to the consultation on a statutory residence test, and the draft legislation, have been published (see www. lexisurl.com/OyMBw). It is pleasing that the government has listened to the responses to its...

The Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order, SI 2012/1506, sets out revised rates for 2012/13 for the automatic enrolment and re-enrolment earnings trigger and the qualifying earnings

The government has received EC state aid approval for changes announced at Budget 2012 to the Enterprise Investment Scheme and the Venture Capital Trust scheme, increasing:

HMRC has invited comments on proposed changes to the tax rules for unauthorised unit trusts and their investors. The stated aim is to simplify the rules and reduce administrative burdens while removing avoidance opportunities.

The Income Tax (Limits for Enterprise Management Incentives) Order, SI 2012/1360,  increases the maximum total value of shares in respect of which qualifying Enterprise Management Incentives share options may be granted to an

HMRC has published a new advance assurance application form for companies seeking assurance, in advance of an issue of ordinary shares that may attract tax relief under the Enterprise Investment Scheme or the Seed Enterprise Investment Scheme, that...

The Finance Act 2004, Section 180(5) (Modification) Regulations, SI 2012/1258, prevent pension schemes established under Pensions Act 2008 s 67 from becoming liable to income tax charges solely by reason of buying shares in sp

Chris Bates and Judy Harrison review the decision of the First-tier Tribunal in Eclipse 35 in which it was held that a film leasing partnership was not trading.