Tax

The Spring Budget brought several tweaks to property taxation & CGT, which are likely to impact the wider real estate market, write Chris Gaunt & Caroline Styan

The Chancellor gave an extra £170m to the justice system, with £12m earmarked for early legal advice in private family law issues, in his spring budget—as well as axing non-dom status, cutting national insurance contributions (NICs), trimming property capital gains tax from 28% to 24% and extending the windfall tax on North Sea oil profits

"It will occupy an important place in the library of both seasoned and aspiring trust lawyers"

A tax silk did not owe a duty of care to third-party investors who lost money in film finance schemes, the Court of Appeal has held.

The government intends to consult ‘shortly’ on the introduction of a criminal offence of failing to comply with a legal notice from HMRC to stop promoting a tax avoidance scheme.

A corporation tax hike from 19% to 25% for businesses making profits of more than £250,000, and changes to pensions, childcare and disability benefits were some of the headline figures of the Chancellor, Jeremy Hunt’s Budget

Growing apart? In this month’s employment law brief, Ian Smith considers the ever-diverging paths of tax & employment law, & disciplinary proceedings that just won’t end

RTA protocol transfers get easier; Social services which don’t care; Delay matrimonial transfers?; Basic and special account rises

Francisco Alvarez & Shofiq Miah on the importance of bearing in mind the taxation consequences when dealing with damages

In the Spring Statement this week, Chancellor Rishi Sunak’s headline change was a one per cent cut in income tax, due to take effect in two years’ time (April 2024)