The Market Value of Shares, Securities and Strips Regulations, SI 2015/616, implement the Office of Tax Simplification’s recommendation to replace the ‘quarter up’ method of determining the market value of listed shares with the closing price on the relevant day, with effect from 6 April 2015.
UK resident policyholders sometimes invest in overseas insurance bonds to defer tax liabilities of the insurance policy. The use of these policies is increasingly scrutinised by HMRC, writes Andrew Park (BDO).
Thomas Dalby (Gabelle) answers a query on managing the retirement of a senior employee who holds company shares, as well as assets in an EBT.
A recent CJEU decision on French social contributions on non-residents triggers a run for refunds.
Diane Elliott (BDO) provides a guide to the simple practical steps which can assist in agreeing a valuation with HMRC
Was a pension plan established in the US?
HMRC is consulting until 16 January 2015 on:
Keith Gregory (NGM Tax Law) answers a query on a client that is an EU-based insurance company looking to market one of its insurance products in the UK, and wishes to know if such a policy can be sold without triggering an adverse charge to income tax under the personal portfolio bond rules.
Giles Salmond (Eversheds) provides his perspective on PPG and recent decisions of the CJEU, and looks at where this leaves us