HMRC’s helpful guidance on withholding tax obligations following the transfer of loan receivables flags risks for intermediaries in the chain of payment, writes Eloise Walker, partner, Pinsent Masons.
Carolyn Steppler and Neil Morgan (EY) provide your guide to the operation of the new relief
Karen Bowen, a tax director at Francis Clark, answers questions on HMRC's recent change in practice.
Mark Middleditch (Allen & Overy) provides this month’s update, including: the limits of the purposive approach in tax avoidance cases; accelerated payments and DOTAS; draft changes on loan relationships and derivative contracts; notice clauses in tax indemnities; and the new HMRC Stamp Taxes on Shares Manual
Jackie Wheaton (Moore Stephens) answers a query on a UK person investing in a US LLC that is tax transparent for US purposes
Andrew Goldstone and Victoria Howarth (Mishcon de Reya) review recent developments, including consultations on VCTs, social investment tax relief and income tax allowance restrictions for non-residents; changes to the tax treatment of commercial loans taken out by non-doms; ATED; and guidance on dual employment contracts
The Finance Act 2013, Schedules 17 and 18 (Tax Relief for Video Games Development) (Appointed Day) Order, SI 2014/1962, appoints 1 April 2014 as the date upon which the amendments made by FA 2013 Sch 17 and 18 come into force.
The Registered Pension Schemes (Provision of Information) (Amendment) Regulations, SI 2014/1843, which come into force on 18 August 2014, amend the Registered Pension Schemes (Provision of Information) Regulations, SI 2006/567, as a consequence of the introduction of individual protection 2014 (I
HM Treasury is consulting on significant changes to the pension regime, which should add much more flexibility, says Paul Howard.
Finance Bill 2014 included proposed legislation for social investment tax relief, a relief available to investors in social enterprises from 6 April 2014. Tim Smith and Richard Wilson take a look.