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A parliamentary commencement order will bring sections 1, 2 and 3 of the Estates of Deceased Persons (Forfeiture Rule and Law of Succession) Act 2011 into force on 1 February 2012. These sections incorporate...
Another EU member state in trouble over tax… and the UK may not be far behind
There have been a couple of interesting developments concerning two blogs I posted a few weeks ago, concerning plans for the integration of UK income tax and national insurance, and possible EU legal action...
Government publishes plans to integrate income tax and NICs
The Government has set out its plans for the reform of income tax and National Insurance Contributions (NICs.)
In March 2011, the Office of Tax Simplification (OTS) published its interim report on the...
Government announces plan to close Channel Islands small consignments VAT loophole
The tax loophole that allows goods costing less than £15 to be imported from the Channel Islands will close from 1 April 2012, the Government has announced. The aim is to allow small UK businesses to...
It’s politics, stupid.
The news is full of tax talk. This is partly because a group of economists, including two former members of the Bank of England's policy committee, DeAnne Julius and Sushil Wadhwani, signed a joint...
Refills allowed in ECJ trade mark ruling – Viking Gas v Kosan Gas, European Court of Justice
The European Court of Justice (ECJ) has had to rule on a trade mark infringement case relating to bottles in which gas was supplied and refilled, following a referral from the Danish courts. The bottles...
Parliament approves changes to law of succession in cases of forfeiture
On 12 July 2011, the Estates of Deceased Persons (Forfeiture Rule and Law of Succession) Act 2011 received Royal Assent.
The Bill was introduced into Parliament as a Private Members' Bill, so its passage...
Treasury consults on 10% corporation tax for profits derived from patents
The Treasury is consulting on introducing a new 10% rate of corporation tax for company profits that derive from patents. This is instead of the 26% rate for other corporation tax. The aim is to incentivise...
Art Attack
It was reported in yesterday's Telegraph (7/7/11), under "Now the EU wrecks Britain's art market" that sellers of works of art by European artists who have died in the past 70 years will need to pay royalties...
Gaines-Cooper IR20 judicial review will be heard next week
The long-running residence case between Robert Gaines-Cooper and HM Revenue & Customs (HMRC) will finally be heard in the Supreme Court on 6 July 2011.
Mr Gaines-Cooper wants to treated as a UK...