Becky Rees and Liz Morgan, of the Tax Department of Pinsent Masons LLP, take a look at the HMRC consultation document 'Simplifying transactions in securities legislation'
Becky Rees and Liz Morgan of the Tax Department of Pinsent Masons LLP take a look at the HMRC consultation document 'Simplifying transactions in securities legislation'
In the 2007 Pre-Budget Report the Government launched the 'Anti-avoidance simplification review'. In July 2009 HMRC published a consultation document detailing how it proposes to simplify the transactions in securities legislation. For anyone who has dealt with this legislation the news of a proposed simplification is on the face of it something to be welcomed. This article considers the draft proposals and asks whether they will achieve their aims.
Background...
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Becky Rees and Liz Morgan, of the Tax Department of Pinsent Masons LLP, take a look at the HMRC consultation document 'Simplifying transactions in securities legislation'
Becky Rees and Liz Morgan of the Tax Department of Pinsent Masons LLP take a look at the HMRC consultation document 'Simplifying transactions in securities legislation'
In the 2007 Pre-Budget Report the Government launched the 'Anti-avoidance simplification review'. In July 2009 HMRC published a consultation document detailing how it proposes to simplify the transactions in securities legislation. For anyone who has dealt with this legislation the news of a proposed simplification is on the face of it something to be welcomed. This article considers the draft proposals and asks whether they will achieve their aims.
Background...
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