Market leading insight for tax experts
View online issue

Tax and the City review for October 2021

The impact of the ruling in Almacantar, the latest on the economic crime levy and state aid issues are among the developments covered in this month’s review by Mike Lane and Zoe Andrews (Slaughter and May).

L-day materials update

Large business notification of uncertain tax treatment (UTT)

The House of Lords Finance Bill sub-committee is reviewing the UTT measure and has called for evidence by 13 October. The committee is considering to what extent the current notification proposals take account of concerns raised in the two consultations there have been on the measure and whether sufficient support is being given to businesses to help them comply.

Change to basis periods for income tax

The Finance Bill sub-committee is also reviewing the change to basis periods for income tax but this measure has now been postponed until 2024 in response to stakeholder feedback and recognising the challenges currently faced by businesses...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top