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Nov 6, 2024 | 
mondaq.com | Kyle O'Sullivan |Anne Powell
Yesterday, 30 October 2024, the Chancellor announced that the
Autumn 2024 budget will raise taxes by £40bn, the biggest
raise since 1993. While the Autumn budget arguably does not portray
as pessimistic an outlook for individuals as was speculated, the
rise in employers' national insurance contributions will,
undoubtedly, not have been welcomed by business.
In this blog, we summarise 10 key tax announcements made at the
budget that are relevant for business.
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Nov 1, 2024 | 
jdsupra.com | Kyle O'Sullivan |Anne Powell
November 1, 2024
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Yesterday, 30 October 2024, the Chancellor announced that the Autumn 2024 budget will raise taxes by £40bn, the biggest raise since 1993.
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Oct 31, 2024 | 
jdsupra.com | Elizabeth Bradley |Anne Powell |Andy West
The real estate sector was not ignored by Budget announcements today. There were no seismic changes – the changes announced were less impactful than the speculation in the weeks preceding the Budget. However, there are a series of measures for the sector, some taking effect immediately and others in stages. The Chancellor unexpectedly announced an increase to the SDLT surcharge for those buying second homes from 3% to 5% with effect from 31 October 2024.
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Oct 30, 2024 | 
mondaq.com | Elizabeth Bradley |Andy West |Anne Powell
The real estate sector was not ignored by Budget announcements
today. There were no seismic changes – the changes announced
were less impactful than the speculation in the weeks preceding the
Budget. However, there are a series of measures for the sector,
some taking effect immediately and others in stages.
The Chancellor unexpectedly announced an increase to the SDLT
surcharge for those buying second homes from 3% to 5% with effect
from 31 October 2024.
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Mar 19, 2024 | 
taxjournal.com | Anne Powell |Mark Bevington |Angela Browning |Andrew Marr
Home >Articles > The impact of Pillar Two on tax risk apportionment for a corporate sale The impact of Pillar Two on tax risk apportionment for a corporate sale © Copyright LexisNexis 2024. All rights reserved. 20 March 2024 Speed read Drafting a tax covenant for a corporate sale to address the risk of unforeseen tax liabilities when the seller group is within the scope of a Pillar Two charge is increasingly relevant since January 2024.
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Mar 1, 2024 | 
jdsupra.com | Elizabeth Bradley |Kate Ison |Anne Powell
Budgets are normally stories of two halves. The first half contains the headline-grabbing tax policy reforms that can be encapsulated in a snappy soundbite in the Budget speech, such as “Chancellor scraps the non-dom regime”. The second half typically contains more detailed reform packages, which may involve a significant overhaul of a regime past its sell by date, a complex new initiative or a tightening of a measure that doesn’t work as well as it could.
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Feb 29, 2024 | 
lexology.com | Elizabeth Bradley |Kate Ison |Anne Powell
SUMMARYBudgets are normally stories of two halves. The first half contains the headline-grabbing tax policy reforms that can be encapsulated in a snappy soundbite in the Budget speech, such as “Chancellor scraps the non-dom regime”. The second half typically contains more detailed reform packages, which may involve a significant overhaul of a regime past its sell by date, a complex new initiative or a tightening of a measure that doesn’t work as well as it could.
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Nov 27, 2023 | 
jdsupra.com | Elizabeth Bradley |Anne Powell
In contrast to recent years, when there has been plenty for real estate tax lawyers to feast on, this Autumn Statement was fairly quiet. Full expensingAfter a prolonged period of time-limited, enhanced reliefs, the Chancellor’s decision to put full expensing on a permanent footing will no doubt provide much-needed certainty for industry. This is critical to attracting long-term investment for the UK.
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Nov 24, 2023 | 
futuresparity.com | Anne Powell |Nadav Avni
By Anne Powell, CEO, Griffin Schools TrustSTEM, which stands for Science, Technology, Engineering, and Mathematics, has become a buzzword, for good reason, in both education and industry. It represents not just a collection of subjects, but a movement, one that recognises the interwoven nature of these disciplines in the modern world. For the UK to be at the forefront of global innovation, and to ensure its industries remain competitive, a solid foundation in STEM is crucial.
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Nov 22, 2023 | 
lexology.com | Elizabeth Bradley |Anne Powell
In contrast to recent years, when there has been plenty for real estate tax lawyers to feast on, this Autumn Statement was fairly quiet. Full expensingAfter a prolonged period of time-limited, enhanced reliefs, the Chancellor’s decision to put full expensing on a permanent footing will no doubt provide much-needed certainty for industry. This is critical to attracting long-term investment for the UK.
