TAX POLICY

Claims that leaving the EU would free up public money for other priorities have been disproved by experts, who say that Brexit would harm, not help, the public finances, as David Smith reports.

 

Entrepreneurs’ relief remains an attainable and valuable relief, as long as shareholders get the basics right. Andrew Marr and Michelle Hogan (Forbes Dawson) present a review of the relief in the context of recent legislative changes and the latest case law. 

 

John Whiting (Office of Tax Simplification) outlines the OTS’s new project on reviewing the corporation tax computation.

 

Cristiana Bulbuc (Joseph Hage Aaronson) considers when tax planning spills into unacceptable practices.

 

The Supreme Court has again had the opportunity to consider the application of the Redrow approach to VAT on tripartite arrangements in the Airtours case. Nick Skerrett and Gary Barnett (Simmons & Simmons) analyse the judgment and draw attention to some consequential loose ends. 

 

Daniel Head and John Monds (KPMG) provide your guide to the key components of the latest UK consultation on the new interest deductibility regime.

 

To coincide with the start of the UK government’s anti-corruption summit in London this week, Oxfam has coordinated a letter from 300 leading economists warning world leaders that there is no economic justification for allowing tax havens. So could the result be a tax haven-free utopia, or is it more a case of ‘be careful what you wish for’? 

 

Uncertainty over the upcoming EU referendum appears to have hit business and consumer confidence and economic activity, and by extension the public finances, as David Smith reports.