United Kingdom: Sales Taxes: VAT, GST

This comprehensive pensions update examines critical regulatory developments affecting UK pension schemes, from the anticipated surplus release framework coming in 2027 to emerging AI governance expectations. The bulletin covers major consultations on transfer regulations, VAT recovery changes, and flexible apportionment arrangements, while analyzing recent Ombudsman determinations on forfeiture clauses and overpayment recovery periods.

The High Court made the first compulsory winding up order under section 85 of the Finance Act 2022, which enables a promoter of a tax avoidance scheme...

Rachel Reeves delivered her Budget for the UK on 26 November. We run through the main points to note for businesses, individuals and growth companies.