Following on from the Crown Dependencies re-affirming their commitment to implementing the Organisation for Economic Co-operation and Development's Pillar Two framework for accounting periods commencing...

There has been significant media coverage regarding the Inland Revenue’s seemingly continual attack on EBTs in recent months. Following the outcome of the Dextra/Caudwell case in July 2002 (in which the Revenue lost on all 4 counts), new legislation effecting the tax treatment of contributions to an EBT was introduced in the Pre-Budget Statement (November 2002)

On 19 May 2023, Treasury Ministers from Guernsey, Jersey and the Isle of Man announced that they have agreed on a joint approach to the implementation of the Organisation for Economic Co-operation and Development's...

Corporation tax relief on company contributions to a Funded Unapproved Retirement Benefit Scheme (usually for identified senior employees) will cease with effect from 1 April 2006.