Tax

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Tax | Summer Budget 2015: triple lock on tax and strong action on evasion

Chancellor George Osborne delivers his Summer Budget next week, which is expected to include legislation for the ‘triple lock’ preventing increases in the rates of income tax, VAT and national insurance contributions (NICs) over the life of the parliament, plus tough action on tax avoidance and evasion

Tax | Supreme Court rules in non dom’s favour in landmark US/UK DTR case

In a landmark decision on the tax status of a non-dom taxpayer, the Supreme Court has ruled in favour of Mr Anson, a former private equity partner, who remitted income from a Delaware limited liability company (LLC) in US to the UK stating that he is entitled to double taxation relief (DTR), overturning earlier decisions on the issue at the Upper Tribunal (UT) and Court of Appeal 

Tax | Jeb Bush releases 33 years of personal tax returns

US presidential hopeful Jeb Bush has released 33 years of personal tax returns into the public domain as part of a bid to encourage greater transparency about the tax affairs of public figures, in a move which will increase the pressure on UK politicians to review their own decisions about disclosing how much tax they pay

Tax | VAT updates: July 2015

Our monthly roundup of key VAT cases and critical changes to HMRC guidance including on direct marketing and implications of decision in Newey case over offshore VAT avoidance

Tax | Tax updates: July 2015

Our monthly round-up of significant tax cases includes business property relief denied in Green case over Flagstaff Holidays, non-cash consideration forms part of disposal proceeds, appeal allowed in Jackson case over takings claims, country by country reporting rules released and Monsanto considers relocating tax base to UK for tax advantage 
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