‘Liberal Democrats are prepared to see the 50 pence top rate of income tax abolished in return for a tax on property, Vince Cable said today.
Tom Richards considers whether recent changes in UK personal tax law made the UK a significantly less attractive location for senior executives relocating from overseas.
Jonathan Peacock QC considers the policy behind the taxation of foreign-based sportspeople, and asks whether the ‘special deals’ for ‘special events’ should cause a wholesale rethink of how the UK positions itself in the worlds of sport and the arts.
Stephen Woodhouse and Varinder Allen review the tax issues, including the impact of the disguised remuneration legislation.
The Chartered Institute of Taxation has published a 17-page guide to technical points raised with HMRC on the operation of capital gains tax entrepreneurs’ relief.
Is it better to incentivise private company employees with shares or EMI options? Paula Tallon and Adam Bradley set out the tax considerations and comment on some of the legal and practical issues.
HMRC published draft amendments and a draft explanatory note on ‘Seed enterprise investment scheme: re-investment relief’.
The Liechtenstein Disclosure Facility will be extended by a year to 5 April 2016, HMRC announced. More than 2,000 disclosures have been made so far.