We have had to look hard for the stand-outs on the taxing side.
But there are a few.
There's welcome confirmation that the 'business tax road
map' is to be retained and implemented, including (of course)
reducing the corporation tax rate to 17%. Stability and certainty
is key here.
Building out from the Finance Act 2016 tax rules brought in for
non-resident developers/traders in UK land, it looks like any
non-resident company with UK-source income will be brought into the
UK corporation tax net.
There's welcome news for pension funds and other exempt
investors in authorised investment funds (AIFs): on receipt of
dividends, they will be able to obtain credit for tax paid by the
AIF - but not
We expected the abolition of tax advantages associated with
Employee Shareholder Status - this is a good scheme in theory, but
misused in practice.
It is disappointing that, in a speech that acknowledged the
UK's housing challenge and paucity of housing supply, the
Chancellor did not reduce the SDLT surcharge on those institutional
and other large investors who are looking to increase supply in the
housing rental market. I hope that the new Housing White Paper will
take a broader view of the fiscal barriers (including the
surcharge) to increasing supply in this market.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
We will start the morning looking at developments in the two years since the introduction of the Public Contracts Regulations 2015. We will go through some of the key themes and issues which have arisen on the new rules, including post-contract variations; the new Selection Questionnaire; incomplete submission of bids; and (of course) Brexit.
Next, our experts will look at procurement challenges/disputes, in particular issues such as standing to bring a claim, disclosure of documents and current trends, in light of recent case law including EnergySolutions EU Ltd v Nuclear Decommissioning Authority.
We will finish with a practical workshop where we will invite attendees to consider and discuss various public procurement issues. We will draw on experience from within the room to identify pragmatic solutions to sometimes very difficult situations.
The personal representatives, who are responsible for administering the estate of someone who has died, generally require a Grant of Representation to allow them to collect in, sell and distribute the deceased's assets.
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).