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COVID measures – tougher fines announced

COVID measures – tougher fines announced

The Home Office has announced tougher measures targeting the most serious breaches of social distancing restrictions. In most cases they will come into effect on Friday 28 August 2020 ahead of the bank holiday weekend. In their announcement issued 23 August, the Home...
Connected persons CGT and other taxes

Connected persons CGT and other taxes

The definition of a connected person for tax purposes can be complex and varies depending on the circumstances. A statutory definition of “connected persons” for tax purposes is set out in Section 839 of the Income and Corporation Taxes Act (ICTA) 1988....
Implementation of the loan charge

Implementation of the loan charge

HMRC has published further guidance on the implementation of the loan charge and has made clear there will be no special settlement terms. This follows an independent review earlier this year into whether the loan charge was an appropriate way of dealing with loans...