Macfarlanes

Last week the Chancellor announced at the Budget that the rate of corporation tax in the UK will increase to 25% by April 2023. While the...

I wrote last year about a proposal that all large businesses be required to notify HMRC in advance if they are taking a tax position that...

There has been public debate over using wealth taxes as a way to fund the massive government spending during the Covid-19 pandemic. But...

Tuesday was the UK’s second so-called “Tax Day” and, as promised earlier this month, the Government has published various papers,...

There has been growing recognition that the relationship between large businesses and HMRC has become more strained. It was therefore...

The Times has recently reported that the Government is seeking to limit the power of the courts to overrule decisions made by ministers...

On 10 February 2022 HMT published its formal response to its review of the UK funds regime and set out a series of actions it is planning...

Yesterday, the Chancellor delivered his first Spring Statement since the pandemic, against the backdrop of a cost of living crisis and a...

It comes as no surprise that the Spring Statement 2022 is focused on the cost of living crisis exacerbated by the war in Ukraine. As well...

As trailed by the Treasury back in April, HMRC has published a consultation on expanding the list of “investment transactions’” which...

The Financial Times report that the OECD’s two-pillar agreement to re-allocate some taxing rights to market economies (Pillar One) and...

On 20 July, the Government published draft legislation for the Finance Bill 2022/23 which amends the capital gains tax (CGT) rules for...

The Chancellor announced this morning at the “mini-Budget” that the recent changes to the “off-payroll worker” rules (commonly referred...

As part of the Chancellor’s £45bn package of tax cuts set out in the “mini-Budget” on 23 September, it was announced that the "bankers’...

Part of the Chancellor’s “mini-Budget” on Friday 23 September included news that, from 6 April 2023, the longstanding limit on the value...

The recent announcement at the “mini-Budget” to reverse the changes to the IR35 rules bring the legislation back to where it was before 6...