The Procurement Act 2023 came into force on 24 February 2025. As with the regime the Act replaces, suppliers to the UK government risk...
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HMRC has been granted permission to appeal the First-Tier Tribunal’s VAT decision in the case of Boehringer Ingelheim Ltd v HMRC. We...
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On March 11, 2025, the Ways and Means Committee Chairman Jason Smith delivered remarks during floor debate to initiate a Congressional...
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This year's increased tax revenues, in both personal and corporate taxation, is the latest success in Gibraltar's tax collections....
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Macfarlanes has advised long-standing client Legal & General on its acquisition and forward funding of a build-to-rent site in Manchester...
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HMRC have published new guidance (at IFM37800 and IFM37850) on how carried interest is reported in self-assessment tax returns and what...
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The Companies (Accounts and Reports) (Amendment and Transitional Provision) Regulations 2024 (the “Regulations”) are the least thrilling...
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In their current form, agricultural property relief (APR) and business property relief (BPR) provide relief from inheritance tax (either...
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The “Concurrent Resolution On The Budget For The Fiscal Year 2025” (or, “Resolution”) passed the House last Tuesday (February 25th) with...
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On February 27, 2025, the U.S. Treasury Department announced that it will not impose penalties on any failure to comply with the...
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The long-awaited inheritance tax (IHT) consultation on the proposed reforms to agricultural and business property relief (APR and BPR)...
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Ukie, the trade body representing the UK's video games and interactive entertainment industry has called for bold reforms to the Video...
The new regime for the taxation of non-UK domiciled individuals (non-doms) will come into effect on 6 April 2025. The proposed changes...
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This bulletin follows the release of the February Agent Update (Issue 128). In this issue we cover the content most relevant to...
We are aware of several private equity (PE) fund managers receiving “nudge” letters from HMRC concerning VAT compliance. This follows a...
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March 3, 2025, UPDATE: On February 27, 2025, the U.S. Treasury Department announced that it will not impose penalties on any failure to...