SUMMER-FINANCE-BILL

Claire Hooper (EY) summarises the main measures introduced in the Summer Finance Bill (now the Finance (No. 2) Act 2015), including the number of amendments to the Bill during the course of its progress through Parliament.

 

 

Helen Buchanan and Hugh Gunson (Freshfields Bruckhaus Deringer) review the bank tax measures. 

 

Damien Crossley (Macfarlanes) reviews the changes to the taxation of carried interest.

 

Paul Miller and James Seddon (Ashurst) explain the new debt and derivative rules. 

 

Paul Pritchard (EY) summarises the new reliefs for corporate rescues.

 

Tina Riches (Smith & Williamson) takes a look at HMRC's new direct recovery of debt powers.

 

Ian Maston (Mastoni Tax) analyses the measures to simplify the inheritance taxation of trusts. 

 

Pete Miller (The Miller Partnership) writes on the abolition of the tax deduction for the amortisation of corporate goodwill.