Speaking yesterday, Philip Hammond, the UK Chancellor of the Exchequer, made his Autumn Budget Speech in Parliament. Set out below are a summary of tax announcements potentially affecting internationally-mobile individuals and cross-border aspects of UK-based multinationals.
The release of the Paradise Paper data has highlighted the extent of tax planning undertaken worldwide to mitigate liability to tax. This note highlights the impact on the international tax planning landscape and the key issues for consideration by clients and advisors.
Speaking yesterday morning (8 March 2017), Philip Hammond, the UK Chancellor of the Exchequer, made his UK Spring Budget Speech in Parliament. In the first budget since the EU referendum, there were a number of announcements potentially affecting multinationals and their UK business operations.
Regulation (EU) No 655/2014 of the European Parliament and of the Council of 15 May 2014 establishing an European Account Preservation Order procedure to facilitate cross-border debt recovery in civil and commercial matters.
Regarding the latest IT&IP regulations within the European and national context, ONTIER now provides you with a free, tailor-made training course going over newly released regulations on IT&IP.
On 4 November 2015 the Supreme Court delivered a judgment rewriting the aged test on contractual penalty clauses. The new modern authorities on contractual penalties are Cavendish Square Holdings BV (Appellant) v. Talal El Makdessi (“Makdessi”) and ParkingEye Limited v. Beavis (Appellant) [2015] UKSC 67 (“ParkingEye”).
Oliver Cain, senior associate at ONTIER UK, publishes a new article regarding Banking Fraud at Butterworths Journal of International Banking and Financial Law.
The corporate environment in England and Wales changed significantly on 26 March 2015 when the Small
Business, Enterprise and Employment Act, 2015 (the Act) received Royal Assent, ushering in a new era of
transparency and accountability in relation to the activity and ownership of UK companies.
The economic reforms and investment plans announced by Latin American Governments, throughout 2014, stimulated transactional market’s activity, and the year ended on a positive note.
