Energy Profits Levy – surprise announcement
HM Treasury published a policy paper yesterday, which sets out some details on the changes that are intended to be
EPL instalment interest
Worth checking the position When EPL was introduced with effect from May 2022 there was some confusion as to how
Spring Budget 2024
The Chancellor delivered the Spring Budget 2024 today. We summarise below the announcements that were made on the specific rules
Green Investment Pledge
The Labour Party announced on 8 February that they are dropping their pledge to spend £28bn per year on “green
Autumn Statement 2023
The Chancellor delivered the Autumn Statement 2023 today. We summarise below the announcements that were made on the specific rules
Scope of the ring-fence decision published
Court of Appeal decision published in the Royal Bank of Canada case In March 2022. we published a newsletter on
Transfer Pricing Documentation – requirement for larger businesses for accounting periods commencing on or after 1 April 2023
Companies that are members of multinational groups (“MNE”) with annual consolidated revenue of €750 million or more will be required
Decarbonisation Allowance
As reported in our Newsletter of 15 March, the increase in the rate of Energy Profits Levy (‘EPL’) to 35%
Spring Budget 2023
The Chancellor delivered Spring Budget 2023 today. There were two announcements on the specific rules that apply to UK upstream