Little change in rules for Pension Protection Fund levy 2017/18
The PPF proposes minor change to the levy rules for 2017/18. Meanwhile, as it warned, it is looking more closely at the value of contingent assets and may now reject some it recognised in the past.
29 September 2016
Illegality revisited – how deep does the rot go?
The Supreme Court has revisited the murky waters of the defence of illegality and found that the courts must apply a flexible, public policy test when considering arrangements tainted by illegality.
28 July 2016
Will we see more shareholder activism following Brexit?
The UK M&A market is now seemingly more attractive to overseas investors who can benefit from the combined effect of market volatility and sterling weakness.
16 September 2016
Grazing Licences – avoiding the tax traps
Grazing licences are often used for short term occupational agreements. The content and operation of those licences must be carefully considered to make sure they are tax efficient.
22 November 2017
Will landlords have to police tobacco duty evasion by tenants?
One of the more unlikely government consultations this year has been the one proposing that landlords should take responsibility for preventing tobacco and other excise duty evasion at let property.
28 September 2017
IHT relief on holiday cottages – only available in theory?
A First Tier Tax Tribunal case on Business Property Relief for IHT on a complex of 8 holiday cottages in Cornwall has confirmed the difficulties in securing relief on furnished holiday lets.
14 August 2017
Deferred Prosecution Agreements, self-reporting and corporate criminal liability
With anti-corruption high on the agenda for many in-house counsel, we summarise below a recent speech by the Director of the SFO, David Green QC.
30 June 2016
IFRS 16 – avoid borrower defaults
Borrower debt levels are to increase following a change in accounting standards. What should lenders be doing now to avoid Events of Default being inadvertently triggered under facility agreements?
15 September 2016
IFR/IFD - A new prudential regime for EU investment firms
Investment firms take note; a new prudential framework is on the way and is likely to increase your regulatory capital requirements
10 January 2020
Delegate carefully or risk liability
Leigh Day found not to have discharged its duty of care.
25 July 2016
Widespread errors in European procurement should lead to EU funds being withheld
There were errors in 40 per cent of the public procurement processes used to distribute EU budget funds in 2007-2014.
24 September 2015
Article 29 Working Party issues first guidance on GDPR concepts
The Article 29 Working Party (WP29) has released its first guidance on the upcoming General Data Protection Regulation (GDPR), covering data portability, DPOs and lead supervisory authorities.
04 January 2017