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Tax payments helping Africa’s ‘quantum jump’ in growth, says bank chief

Gross domestic product (GDP) across sub-Saharan Africa is now $1.7 trillion – “making it three times bigger than that of Belgium”, according to the governor of the Central Bank of Tanzania Benno Ndulu. 16 Apr 2014

Company debt rules to be changed to help corporate rescues, says HMRC

The modernisation of the 'loan relationship' rules for taxing companies on debts will include a new rule to provide tax relief in more cases of corporate rescue, according to a technical note issued by HM Revenue & Customs (HMRC). 15 Apr 2014

Expert questions UK chancellor's proposed 'strict liability' criminal offence for taxable funds held offshore

It would be disproportionate to introduce automatic unlimited fines and prison sentences for UK taxpayers with offshore assets on which they have not paid the correct taxes, as trailed by the Chancellor of the Exchequer at the weekend, an expert has said.... 14 Apr 2014

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Expertise in Tax

We are one of the largest tax teams of any UK law firm, providing strategic tax advice on all aspects of direct and indirect taxation. Our clients include FTSE 350 plcs, multinationals and financial institutions.

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