Orrick's Founder Series offers monthly top tips for UK startups on key considerations at each stage of their lifecycle, from incorporating a company through to possible exit strategies. The Series is written by members of our...more
On 23 September 2022, the UK Government announced a number of significant tax changes in its Growth Plan (widely referred to in the media as a ‘Mini-Budget’). Here are ten key takeaways, of particular relevance to our...more
The UK Government has announced a temporary new Energy Profits Levy, widely described in the media as a “windfall tax”, on the profits of oil and gas companies operating in the UK and the UK Continental Shelf. This follows...more
The United Kingdom ("UK") Qualifying Asset Holding Company ("QAHC") regime (at Schedule 2 to Finance Act 2022) comes into force on 1 April 2022. The HM Revenue & Customs ("HMRC") policy paper dated 27 October 2021 states:...more
Highlighting key tax points coming out of the recent economic update (8 July) delivered by the UK Government:
Temporary reduction in stamp duty land tax (“SDLT”) on residential property purchases in England and Northern...more
As has been extensively publicised in the past few months, a number of credit support initiatives have been introduced by the UK government with the aim of helping businesses (both small and large) navigate the turbulence...more
On 25 March 2020, HMRC updated its stamp duty guidance to announce a temporary change in the way that it is dealing with stamp duty, as a result of measures to stop the spread of COVID-19...more