Search results

Tax and the City Review for May 2022 In JTIAC, the latest decision on the loan relationships unallowable purpose rule, the FTT finds in favour of HMRC that none of the relevant debits are deductible even though the loan relationship funded the acquisition by a UK company of a target group fr... Your HQ – key considerations With HQ considerations becoming a top priority on boardroom agendas, we take a look at the key considerations commercial tenants and businesses should have when taking a pre-let of a new HQ.  Moving headquarters is a significant undertaking for any ... Employment Bulletin: May 2022 Topics covered in this bulletin: Employee who accepted voluntary redundancy could claim unfair dismissal Extension of ban on exclusivity clauses to lower paid workers Settlement agreement wide enough to cover TUPE transferee’s failure to provid... BLOG: A deleveraging allowance to reduce the debt-equity bias If one were to regard the European Commission’s Directive proposal to tackle the debt-equity bias in the tax system as the fruit of a discussion that started around a decade ago, it appears overly complex and unambitious at the same time. ... UK Competition and consumer reform proposals - the Government's response The UK Government has recently published responses to its July 2021 consultations on reforming competition and consumer policy and introducing a new pro-competition regime for digital markets. The reforms being taken forward are wide-ranging and, when ful... EFIG: European Banking Newsletter - May 2022 Developments in this month's edition include: TARGET2 - ECB adopts repealing Guideline and Decision Russian invasion of Ukraine - ECB publishes FAQs on supervisory approach Reporting - SRB publishes bi-annual note provided to the Eurogroup &nbs... EFIG: European Banking Newsletter - July 2022 Developments in this month's edition include: Proposal to amend EU MiFIR - ECB issues opinion G-SIB assessment methodology - ECB publishes statement on treatment of banking union MREL - SRB publishes updated policy for 2022   Please do co... Balancing Security and Sustainability: Does the UK Energy Bill 2022 measure up? The long-awaited Energy Security Bill (the Bill) was laid before Parliament on 6 July. The Bill is a crucial piece of legislation for the UK’s energy transition ambitions and energy security, including powers to support technologies such as low carb... BLOG: Restrictive immunity: codifying the UK's approach to taxing sovereign investors The doctrine of sovereign immunity is the international law principle that one sovereign State should not seek to apply its law to another sovereign State. In the UK, the application of that principle to the courts is governed by the State Immunity Act 19... Insurance Newsletter - July 2022 In this newsletter we discuss: Regulatory reform and the insurance sector, Meeting customer needs – policy exclusions and target markets, Update on the EU review of the Solvency II Directive, and Trends in transactions. In this newsletter we discus...