JHA celebrates International Women’s Day 2019
Friday 8 March is International Women’s Day, which celebrates women’s achievements around the world. This year the theme is #BalanceForBetter in recognition of the on-going global push for professional and social equality. Described as a ‘business issue’, the aim of the theme is to encourage gender balance in boardrooms and the media as a way for economies to benefit. At JHA more than one third of our lawyers are female and gender equality and inclusion are core firm values. We took this opportunity to hear two women in different positions within our firm on their experience of the legal workforce and their thoughts on future progression.
As announced in July of last year, the 2020 Budget introduces a new deferred payment plan option for Corporation Tax charged on profits or gains arising from certain transactions between UK companies and EEA companies of the same group of companies.
Reversal of Inverclyde
The 2020 Budget announced provisions to reverse last year’s FTT decision in Inverclyde. In that case, HMRC denied the appellant LLPs’ claims for Business Property Renovation Allowance on the basis that the LLPs did not carry on a business with a view to a profit.
HMRC nudge letters
HMRC continues to fight the good fight in its quest to cut down on tax avoidance and have recently been issuing further “nudge” letters to taxpayers who may have an income source or assets producing gains overseas and consequently an undisclosed outstanding UK tax liability.
ExxonMobil: FTT Decision Released
The FTT decision in Esso Exploration and Production UK Limited and others v HMRC, which relates to pre-2006 claims for Cross Border Group Relief, has now been released.