BDB Pitmans LLP | United Kingdom | 16 Apr 2013
In February 2012, HMRC published amended guidance relating to the declarations donors must make if they want their donation to charity to benefit…
BDB Pitmans LLP | United Kingdom | 15 Apr 2013
The Finance Act 2012 formalised the Government's 2011 budget proposal to encourage legacies to charity. This is achieved by reducing the rate of…
BDB Pitmans LLP | United Kingdom | 15 Apr 2013
The abiding memory of 2012 for many in the UK will be the rousing success of the London 2012 Olympics and Paralympics both in terms of hosting the…
BDB Pitmans LLP | United Kingdom | 15 Apr 2013
The Finance Act 2012 sets out the carefully defined and narrow circumstances in which independent entities which make exempt supplies or carry on…
BDB Pitmans LLP | United Kingdom | 18 Mar 2013
In February HM Revenue and Customs issued a discussion document and draft guidance on using proper payment of tax liabilities as a selection criteria…
BDB Pitmans LLP | United Kingdom | 24 Jan 2013
The new statutory test for individual tax residence in the UK (referred to as the SRT) has taken a long time coming but the new test is now almost in…
BDB Pitmans LLP | United Kingdom | 17 Dec 2012
In the March 2012 Budget the Government caused consternation when it announced a consultation on new tax charges for high value residential properties that had been ‘enveloped’ into companies and into other ‘non-natural persons’ (NNPs).
BDB Pitmans LLP | United Kingdom | 6 Dec 2012
From the moment the story emerged that Starbucks had paid corporation tax in the UK just once in the last 15 years, the company has been on the back foot and under serious political pressure.
BDB Pitmans LLP | United Kingdom | 22 Nov 2012
In our June 2012 briefing we reported on the Chancellor's three-pronged assault on high value UK residential properties that are 'enveloped' in a company or other non natural person (which for certain purposes can include trusts).