Energy profits levy: changes announced in line with Labour party’s manifesto commit-ments. Energy profits levy (oil and gas) to be increased to 38% from 1 November 2024 with the levy extended to 31 March 2030 and the main investment allowance removed.
Non-doms: policy paper sets out the government’s proposals including to not consult on moving to a residence-based system for IHT. Instead it will review stakeholder feedback provided following the Spring Budget and officials will carry out further external engagement over the summer on IHT policy design.
Pillar Two transitional safe harbour: comments on draft legislation (closes 15 September).
Tribunal decisions: consultation on potential amendments to the rules for each chamber of the First-tier Tribunal...
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Energy profits levy: changes announced in line with Labour party’s manifesto commit-ments. Energy profits levy (oil and gas) to be increased to 38% from 1 November 2024 with the levy extended to 31 March 2030 and the main investment allowance removed.
Non-doms: policy paper sets out the government’s proposals including to not consult on moving to a residence-based system for IHT. Instead it will review stakeholder feedback provided following the Spring Budget and officials will carry out further external engagement over the summer on IHT policy design.
Pillar Two transitional safe harbour: comments on draft legislation (closes 15 September).
Tribunal decisions: consultation on potential amendments to the rules for each chamber of the First-tier Tribunal...
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: