Jonathon Egerton-Peters provides an overview of the code of practice for banks following last week’s Autumn Statement and this week’s draft Finance Bill legislation.
William Watson welcomes HMRC’s latest attempt to resolve the tax issues arising where debt is subject to non-standard terms as to the payment of the principal and/or interest, but says there is further work to do.
Helen Lethaby reviews recent developments, including the revised code of practice for banks, corresponding adjustments, corporate debt and derivatives, and the EU financial transaction tax.
Tony Beare comments on the draft guidance in relation to the meaning of ‘the intentions of Parliament’ and on the draft legislation dealing with breaches of the code.
What’s in practitioners’ in-trays this month, with Chris Sanger, David Harkness, Christopher Groves and Daniel Lyons