Armando Albertazzi Gonçalves

Jul 31, 2024 | lexology.com | Isobel D'Inverno |Bob Langridge |Karen Davidson |Alan BaRr |Alan Barr |Neil D Ritchie | +5 more

In a statement to Parliament on Monday 29 July 2024 Rachel Reeves, the Chancellor of the Exchequer, confirmed that her first Budget will be delivered on Wednesday 30 October, and announced a number of significant tax changes.

Jun 18, 2024 | lexology.com | Karen Davidson |Armando Albertazzi Gonçalves

Click here to watch the videoThis session looked at the key tax and commercial considerations in setting up an employee share incentive or option plan for private companies, including:key benefits of share incentive plans;commercial considerations to take into account (including pitfalls of "off the shelf" arrangements);tax benefits/implications for the employees and employer; andEMI options vs unapproved arrangements (including growth shares)

Mar 6, 2024 | lexology.com | Karen Davidson |Isobel D'Inverno |Bob Langridge |Alan BaRr |Alan Barr |Neil D Ritchie | +4 more

Here are our top tax takeaways from the UK Spring Budget 2024 delivered today by Chancellor Jeremy Hunt. 1. Phased abolition of non-dom tax status. From 6 April 2025, people who qualify as resident non-doms will avoid being taxed on their foreign income and gains for only four years after their arrival.

Dec 19, 2023 | lexology.com | Alan BaRr |Alan Barr |Isobel D'Inverno |Bob Langridge |Armando Albertazzi Gonçalves |Scott Bell | +3 more

Here are our top tax takeaways from the Scottish Government Budget 2024/25 delivered today by Shona Robison. 1. In among the most well-trailed tax changes from Scottish Budgets in recent times, a new rate of Scottish income tax was announced affecting income between £75,001 and £125,140. The rate will be 45%. The rate acquired a name ("Advanced"), increasing the menagerie of differentiated Scottish tax rate names by one. As in education, so in tax -"Advanced" means "Higher". 2.

Nov 22, 2023 | lexology.com | Alan BaRr |Alan Barr |Armando Albertazzi Gonçalves |Bob Langridge |Charlotte Mackenzie |Isobel D'Inverno | +3 more

Here are our top tax takeaways from the UK Autumn Statement delivered today by Chancellor, Jeremy Hunt. 1. Capital Allowances Full Expensing, introduced in the Spring 2023 Budget and expected to run until 2026, will now be made permanent. Under full expensing, qualifying plant and machinery expenditure will be deductible at either 100% (main rate assets) or 50% (special rate pool assets) in the year it is incurred. This is a major change to the capital allowances regime.