We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
United Kingdom - July 11 2012
The recent decision by the First-tier Tribunal in Goldman v HMRC reminds employers and employees that the type of payment in lieu of notice ("PILON") clause, included in an employment contract, will affect the tax treatment of any PILON made to an employee on termination of employment.
United Kingdom - June 13 2012
The Scottish Government has published its consultation paper on the proposed replacement for stamp duty land tax ("SDLT") in Scotland.
United Kingdom - May 9 2012
The recent decision by the First-tier Tribunal in Reid v HMRC is a timely reminder for employers and employees of the importance of carefully analysing the tax status of all elements of a termination payment.
United Kingdom - March 26 2012
The Budget contained several positive announcements relating to the Enterprise Management Incentives (EMI) scheme which will be most welcome by small and medium sized businesses looking for a cost effective, tax efficient method of recruiting, retaining and incentivising key employees.
United Kingdom - March 6 2012
With the government promoting an increased role for charities and social enterprises in the delivery of public services and the continuing shift towards public authorities contracting for services rather than providing grant funding, the recent decision by the First-tier Tribunal in Aberdeen Sports Village Ltd v HMRC is a timely reminder that charities and social enterprises should carefully consider the VAT implications of their funding arrangements.
