Draft Finance Bill 2020–21—promoters and enablers of tax avoidance schemes

Author: Helen McGhee, - 09 Sep 2020

Helen McGhee, senior associate at Joseph Hage Aaronson LLP, shares her insights on the Draft Finance Bill 2020–21 and its impact on promoters and enablers of tax avoidance schemes.

Read More

Apple and Ireland Win €13bn State Aid Appeal

Author: JHA, - 15 Jul 2020

The General Court of the European Union has today annulled the Commission’s decision regarding two Irish tax rulings in favour of Apple. The Commission had considered that the two rulings constituted State Aid, granting Apple €13bn in unlawful tax advantages.

Read More

The Price of Property

Author: Helen McGhee, - 06 Jul 2020

Helen McGhee looks at the present state of UK tax rules that must be considered when owning and disposing of UK property.

Read More

Inheritance tax problems in Finance Bill 2020

Author: Emma Chamberlain CTA OBE, - 06 Jul 2020

The rules on excluded property trusts are due to change with effect from royal assent. These changes are complex, and the new rules can have an unexpected and retroactive effect. Emma Chamberlain explores these rules to determine whether it may be necessary to exclude the settlor going forward as a beneficiary.

Read More

Trust Registration Service- 5MLD update

Author: Helen McGhee, - 06 Jul 2020

HMRC’s Trusts and Registration Service (TRS) was born back in 2017 as part of the implementation of 4MLD. 5MLD  has mandated notable amendments to the operation of the TRS that clients and practitioners should not overlook. We have created a Q&A to help to navigate the new upcoming compliance obligations.

Read More

DAC6 – delayed but be alert!

Author: Helen McGhee, - 24 Jun 2020

Helen McGhee discusses the announcement by the European Commission, proposing to delay disclosure deadlines imposed by DAC6 by three months.

Read More

A legislative flood

Author: Helen McGhee, - 19 Jun 2020

Helen McGhee asks whether the deluge of new legislation designed to prevent tax avoidance has really been necessary

Read More

Comment: How to reform inheritance tax

Author: Emma Chamberlain CTA OBE, - 11 Jun 2020

The current IHT system is generally regarded as unsatisfactory and generates relatively small sums for HMRC, comprising less than 1% of total tax revenues. Emma Chamberlain OBE discusses the potential for changes to the IHT provisions.

Read More

How to handle the reservation of benefit provisions

Author: Emma Chamberlain CTA OBE, - 11 Jun 2020

The reservation of benefit legislation continues to be relevant to IHT planning, and the 2017 changes to foreign domiciliaries have extended its scope and importance. Emma Chamberlain provides a practical guide to navigating the rules. 

Read More

HMRC restarts paused tax investigations

Author: Helen McGhee, - 11 Jun 2020

Tax receipts were down by £26 billion in April as the UK’s economy was hit by the coronavirus crisis. HMRC has it seems now quietly resumed taxpayer investigations which had been put on hold at the peak of the pandemic.

Read More
 1 2 3 >  Last ›