1,201 results found

The FCA and ESMA have issued significant updates for investment management, emphasizing operational resilience, regulatory changes, cultural assessments, and evolving European frameworks. Key highlights include greenwashing standards, MiFID II amendments, and enhanced oversight of misconduct and market practices.

On 26 January, the government released the first draft of the legislation giving effect to the promised protection of non-UK source income arising in a trust structure...

The July Agent Update highlights deadlines for P11D forms, introduces mandatory payrolling of benefits by 2026, expands cash basis accounting for self-employed individuals, clarifies workplace nursery tax rules, and provides new guidelines on football agents' fees and dual representation contracts.

This bulletin follows the release of the May Agent Update (Issue 131). In this issue we cover the content most relevant to employment taxes and reward activities.

Supreme Court upholds Court of Appeal decision that structured LLP profit-sharing arrangements are subject to miscellaneous income tax charge, providing guidance on section 850 ITTOIA and section 687 ITTOIA with wider implications for partnership taxation.

Navigating tax disputes can be a complex and daunting process. This "need to know" series sheds light on the essential elements. In this note, we provide an overview of the position in relation...

The Government has introduced a new ‘strengthened reward scheme' to incentivise informants to report serious tax avoidance or evasion to HMRC.

There have been major changes this year to the UK's tax regime for individuals with an international connection. Our separate article considers the abolition of the "non-dom" regime...

The Supreme Court has found that supplies of loan administration services made by Target Group Ltd (Target) did not qualify for VAT-exemption.

Usain Bolt has said that he would like to appear at athletics meetings more often in the UK but is unable due to the tax cost

The original intention was that this week's Spring Statement was to be a non-event. Rachel Reeves had made it clear that she would do just one fiscal event a year – an autumn budget at which the big decisions.

The UK's new International Controlled Transactions Schedule (ICTS) will fundamentally transform how HMRC assesses transfer pricing risks, shifting from documentation-focused reviews to data-driven analysis powered by AI and advanced analytics. With mandatory filing beginning January 1, 2027, multinational enterprises must prepare to provide detailed, standardized information about cross-border related party transactions, facing unprecedented scrutiny and visibility of their transfer pricing arrangements.

Class representative BSV Claims Ltd's (BCL) claims against a group of cryptocurrency exchanges, for losses allegedly caused by the anticompetitive...

Macfarlanes outlines its integration of generative AI in legal practice, emphasizing extensive pilot testing, strategic deployment, and targeted prompt engineering. AI delivers incremental and radical efficiencies, supports complex workflows, and enhances junior lawyers' skills, fostering significant industry shifts through collaborative engagement and specialized upskilling...

The FCA recently published its consolidated and streamlined Enforcement Guide (ENFG) last week, which is effective from 3 June 2025.

As the tax year draws to an end, employers are preparing for the year end employment tax reporting requirements. One of the first deadlines for employer reporting to HMRC relates...

Since the beginning of 2023, the number of managers adding real estate debt to their product arsenal has increased significantly.

Welcome to the latest edition of our investment management update. This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector.