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Practice notes
Direct tax treatment of damages and compensation paymentsWhere a dispute is brought to an end by a payment of damages or compensation, whether under a...
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19th May
Practice notes
Share sale or asset sale—tax considerationsThe sale of a company's business can be structured as either:•a sale of assets owned by the company (an...
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19th May
Practice notes
SDLT—deeds of rectificationStamp duty land tax (SDLT) ceased to apply to any land transaction involving any interests in or over land in Scotland from...
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19th May
Practice notes
VAT—triangulationIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following...
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Produced in partnership with John Fuszard of Sagars Accountants Ltd 19th May
Practice notes
How employment income is taxed—non-cash earnings or benefitsIn addition to cash earnings, such as wages or salaries, many reward packages include...
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19th May
Practice notes
UK Crown Dependency/Overseas Territory Agreements (CDOT)—FAQsWhat are the CDOT agreements?The UK entered into agreements with its three Crown...
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Produced in partnership with Ali Kazimi of Hansuke 19th May
Practice notes
VAT treatment of damages and compensation paymentsFORTHCOMING CHANGE: HMRC is in the process of revising Revenue and Customs Brief 12 (2020) on the...
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19th May
Practice notes
Amortisation of intangible fixed assetsWhere a company acquires (or otherwise incurs capitalised expenditure upon) an intangible fixed asset that...
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Produced in partnership with Anne Fairpo of Temple Tax Chambers 19th May
Practice notes
EIS—deferred gain becomes chargeable to CGTCoronavirus (COVID-19): In response to the coronavirus (COVID-19) pandemic, the government introduced a...
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19th May
Practice notes
Tax considerations on a loan agreement—the tax gross up clauseIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit...
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Produced in partnership with Eloise Walker of Pinsent Masons 19th May
Practice notes
Section 198 and 199 elections on transactions involving real estateThis Practice Note describes the law and practice relating to elections under...
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Produced in partnership with Martin Wilson 19th May
Practice notes
Taxation of UK LLPsA UK limited liability partnership (LLP) is a body corporate for company law purposes, but is generally taxed as though it were a...
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19th May
Practice notes
Capital reduction demergersThe reasons why a company might carry out a demerger, and the different ways in which a demerger may be structured, are...
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Produced in partnership with Zoe Feller of Bird & Bird 19th May
Q&As
Corporate redomiciliation—can a non-UK company redomicile into the UK?It is possible for a non-UK incorporated company to redomicile to the UK....
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19th May
Practice notes
Transfer of a trade under common ownershipSometimes the restructuring of a business will involve a company transferring an existing trade to a...
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19th May
Practice notes
SDLT group reliefFORTHCOMING CHANGE relating to FA 2008, Sch 36: In its Tax Information and Impact Note (TIIN) on freeports, the government announced...
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19th May

Most recent Current issues content

Practice notes
Coronavirus (COVID-19)—tax implicationsThe government has announced a number of measures in response to the coronavirus (COVID-19) crisis either that...
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28th Jul
Practice notes
Tax—consultation and legislation trackerThis Tax tracker shows the current status of, and developments on, consultations (both formal and informal)...
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28th Jul
Practice notes
Introduction to retained EU lawThis Practice Note provides an introduction to retained EU law. It provides an overview of the key definitions and...
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Produced in partnership with Dr. Kieran Laird of Gowling WLG 28th Jul
Practice notes
Brexit timelineOn 23 June 2016, the UK held a referendum on its membership of the EU, with a majority voting in favour of the UK leaving the EU. On 29...
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26th Jul
Practice notes
Image rights—protection, exploitation and taxationAs of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with...
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Produced in partnership with JJ Shaw of Lewis Silkin LLP, Alex Kelham of Lewis Silkin LLP and Rob Meredith CTA of PKF Francis Clark 25th Jul
Practice notes
Coronavirus Job Retention Scheme (revised version 1 July to 31 October 2020)This Practice Note considers the ‘flexible furloughing’, revised version...
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23rd Jul
Practice notes
Brexit legislation trackerThis Practice Note tracks the progress of UK legislation introduced as part of the legislative project associated with the...
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23rd Jul
Practice notes
Coronavirus (COVID-19) and tax—impact on tax appeals and tax tribunalsAppeals and applications to the First-tier Tribunal and Upper Tribunal are both...
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22nd Jul
Practice notes
Tax—Finance Bill 2022 trackerThis Practice Note contains information on the Finance Bill 2022 (FB 2022, also known as Finance Bill 2021–22). It tracks...
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22nd Jul
Practice notes
Tax—Base Erosion and Profit Shifting trackerThis Practice Note displays the current status of the 15 action points of the Organisation for Economic...
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21st Jul
Practice notes
2021–22—Budget and Finance Bill—Tax analysisThis Practice Note draws together content on the fiscal events throughout the tax year 2021–22 starting...
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21st Jul
Practice notes
Coronavirus (COVID–19)—impact on company filing and administrative proceduresThis Practice Note summarises the key ways in which company filing and...
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20th Jul
Practice notes
Tax—case trackerThis tax tracker tool displays the current status and most recent developments of tax cases being heard by the Upper Tribunal (UT),...
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16th Jul
Practice notes
Tax—Finance Act 2021—progress through Parliament [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note...
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16th Jul
Practice notes
Self-Employment Income Support SchemeUPDATE (15/7/21): The Chancellor of the Exchequer has made a further Treasury Direction in relation to the fifth...
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16th Jul
Practice notes
Freeports in England—tax featuresThis Practice Note is about the tax rules applying to freeports in England.There is no agreed definition of a...
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Produced in partnership with Robert O’Hare of Squire Patton Boggs 13th Jul
Practice notes
Key dates for tax lawyers: 2021 and beyondCoronavirus (COVID-19):As a result of coronavirus (COVID-19) many events have been postponed and cancelled...
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9th Jul
Practice notes
Brexit and tax—the continued application of EU lawThis Practice Note is about the extent to which EU law continues to apply to the UK’s tax rules...
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29th Jun
Practice notes
Brexit—introduction to the Withdrawal AgreementSTOP PRESS: On 28 June 2021, the European Commission adopted an adequacy decision for the UK under the...
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Produced in partnership with Kieran Laird of Gowling WLG 29th Jun
Practice notes
Taxation of cryptoassetsThis Practice Note is about the UK tax treatment of cryptoassets, which is used in this Practice Note as a generic term for...
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Produced in partnership with Etienne Wong of Old Square Tax Chambers 28th Jun

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