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HMRC concessions on offshore bank accounts

8 February 2010 | Shimon Shaw

There has been clarification by HMRC on the taxation of certain capital gains tax losses from transactions on foreign currency bank accounts as well as two new concessions. The losses referred to...

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Treasury Consulation on Buy to Let

4 February 2010 | Shimon Shaw

As was reported in the press this morning, The Treasury has published a consultation called "Investment in the UK private rented sector". Otherwise known as buy to let. One of the key proposals is to...

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Government consults on new landline tax to pay for roll-out of super-fast broadband

8 January 2010 | Paul Gershlick

The Government is consulting on draft legislation to implement its proposed landline tax, which it recently announced in the Pre-Budget Report. The aim is to charge £6 a year annually in arrears to the...

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Pre Budget Report – what does it mean?

9 December 2009 | Shimon Shaw

Today’s PRB was fairly boring.  Unless you are a bank.  Or a banker.  Or a shareholder of a bank (which I suppose includes all of us). So let’s get the bankers out of the way before looking at...

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More financial institutions can provide alternative finance

19 November 2009 | Steven Mills Comments Off

The Alternative Finance Arrangements (Amendment) Order 2009 came into force on 15 October 2009. The tax rules on alternative finance arrangements (such as Sharia-compliant financial contracts) require...

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