Complex Compliance and Disclosure Publications
04 April 2012
A number of things have been announced in the last four months which profoundly affect the SDLT landscape. These include not just the increases in rates to 7% and 15%, but also the proposals there will be an annual SDLT charge on non-natural entities owning high value residential properties; a CGT charge on gains made on the sale of residential properties by non-UK companies; the introduction of a general anti-avoidance rule (“GAAR”) which will apply to SDLT, and changes to the DOTAS regime. This note, however, focuses on the three substantive changes that have been announced in this year’s budget, and which are included in the Finance Bill.
13 December 2011
Burges Salmon warns that a draconian approach on administrative receivership of customers can have unintended tax consequences.
13 December 2011
The decision of the First Tier Tax Tribunal in the recent case of Esporta Ltd [TC01475] makes it possible for clubs to recover VAT on subscription payments in certain circumstances.
09 December 2011
In early July this year, we published a client briefing summarising the Government's consultation on the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) schemes. The consultation's aim was to ensure that these schemes remain effective while supporting increased investment into small companies. Draft legislation has now been published (on 6 December 2011) outlining the proposals in detail, please click the title to read the full briefing.