Knowledge

The knowledge economy is a thing and the UK needs to be winning at innovation to create a successful and vibrant economy and tackle the issues of our time. Watson…

In December 2021 HMRC published a draft version of The Transfer Pricing Records Regulations 2023 for consultation. The draft regulations require Multinational Enterprises (“MNEs”) with turnover of €750m or more, to…

Currently, there are two R&D tax relief schemes in the U.K.; one for small and medium-sized enterprises (enterprises having a headcount of fewer than 500 employees and with either a…

BADR is a capital gains tax (CGT) relief intended to incentivise individuals to grow and invest in their businesses by reducing the rate of CGT to 10% on material disposals…

In this article, Sarah draws from her ten years of working full time on resolving tax disputes and from the insights provided through her involvement in the CTG to advise…

Background On the back of facing an unprecedented backlog of unprocessed OTT notifications caused primarily due to Covid-19 disruption, HMRC have not unsurprisingly looked to consider their options over the…

The summer also witnessed some wild swings in the direction of numerous tax policies that were variously announced, U-turned and then partially or fully reinstated under some combination or other…

EOTs have become so popular as a means of exiting a business that specialist lenders are even advertising EOTs as a specific funding line. We’ve advised on our fair share…

This seal of approval can be obtained by submitting a clearance application to HMRC in advance to confirm the tax treatment of a transaction or event, where possible. Obtaining clearance…