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Coronavirus (COVID-19): “Future Fund” Launched To Support UK High Growth Companies

With many early-stage, high growth businesses facing economic upheaval and pressure on their cash flow as a result of COVID-19, the Chancellor of the Exchequer has announced a £1.25 billion support package to help innovative...more

Cayman Islands Added To European Union Tax Blacklist

The Council of the European Union confirmed on Tuesday, 18 February 2020 that the Cayman Islands, a British overseas territory, has been added to the European Union’s ‘blacklist’ of non-cooperative jurisdictions for tax...more

2/21/2020  /  BEPS , Cayman Islands , EU , Member State

The UK’s Last Budget Before Brexit – Tech, Tax and Temerity

A digital services tax for “tech giants”, additional conditions for Entrepreneurs’ Relief, amendments to the loss relief rules, and a host of tax-avoidance measures: we outline the key tax proposals from the Autumn Budget...more

State Aid Approval Renewed for UK EMI Schemes

The European Commission has renewed state aid approval for the UK Enterprise Management Incentive (EMI) regime. Following an unexpected bulletin from HM Revenue & Customs (HMRC) on 4 April 2018, announcing that state aid...more

5/31/2018  /  EU , European Commission , HMRC , State Aid , UK

EU Digital Market VAT Reform

Since 2015, the European Union has been gradually implementing a series of reforms designed to create a Digital Single Market across the EU. In setting its reform agenda, the European Commission looked beyond areas...more

Brexit: Tax Implications

The majority has spoken: on Friday 24 June, it was announced that the UK had voted to leave the European Union (the “EU”). The full implications of this decision are largely unknown, given that the UK is navigating...more

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