The UK and Switzerland have reached an agreement which will see funds in Swiss bank accounts taxed and the proceeds remitted to the UK Treasury. […]
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Category: UK News
Proposed new statutory residence test – some reflections
The consultation period relating to the proposed introduction of a statutory residence (and ordinary residence) test in the UK closed on the 9th September 2011. We are now awaiting the publication by the Government of a summary of responses. This will be followed by the publication of draft legislation for further consultation before the 2012 UK Budget in March next year. […]
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Government to provide £250 million to employers for training to support apprenticeships
The government has announced a £250 million fund which is to be provided directly to employers. The purpose of this fund is to enable employers to develop vocational skills training programmes which are tailored to their needs. […]
HMRC’s revised guidance (HMRC 6) moves a couple of goal posts
HMRC published a revised version of its guidance on residence, domicile and the remittance basis (HMRC 6) on 27 October 2011 (please see the link in the ‘Resources’ section below). […]
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Gaines-Cooper – Supreme Court decision on tax residence
Mr Gaines-Cooper has lost his appeal in the Supreme Court, which agreed with the Court of Appeal’s decision that he had not ceased to be resident in the UK for the years under dispute. […]
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Reforms to taxation of non-domiciles proceed as statutory residence test is delayed
Draft legislation has now been published (6th December 2011) on the core reforms to the taxation of non-domiciled individuals, announced at Budget 2011. […]
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Employment law update – protected conversations and without prejudice negotiations
The government has announced proposals for a number of employment law reforms. One of these proposals is the introduction of protected conversations. […]
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A UK General Anti-Avoidance Rule moves a step closer
The introduction of a narrowly focused General Anti-Avoidance Rule (“GAAR”) to the UK tax system has been recommended following a study into its scope and design. […]
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Disguised Remuneration – National Insurance Contributions Regulations
Amounts chargeable to income tax under Part 7A of ITEPA are now treated as earnings for the purposes of National Insurance Contributions (“NICs”). […]
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Legal costs insurance – Can insurance companies restrict the choice of lawyer?
Historically insurers have restricted the lawyers that may be instructed. A recent case has rejected this practice. Insurers have restricted the choice of lawyers who may be instructed by policy holders by stipulating that only law firms from a panel can be instructed and/or by imposing a cap on the level of fees that lawyers can charge. […]
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