- Finance Bill 2018—further changes to the disguised remuneration regime
- Original news
- What is the background to the Finance Bill’s 2018 disguised remuneration provisions?
- There have been a lot of changes to the disguised remuneration rules since the Budget 2016—where do we stand at the moment?
- What disguised remuneration provisions are included in the Finance Bill 2018? How will they change the current disguised remuneration regime?
- How do the provisions in the Finance Bill 2018 compare with the draft legislation previously published?
- New main purpose test
- 12-month requirement
- Connection between transaction and relevant step
- Overlap with charge on loans to participators rules
- Are there any changes to the disguised remuneration regime expected after the Finance Bill 2018?
- What should practitioners look to be doing in light of these proposed provisions?
Tax analysis: The Finance Bill 2018 has been published and includes the latest provisions on reforming the disguised remuneration regime. Karen Cooper, a partner at Cooper Cavendish LLP, takes a look at what is new in the government’s drive to tackle disguised remuneration avoidance schemes.
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