Chancellor of the Exchequer Jeremy Hunt has delivered his Autumn Statement today in the UK Parliament. The Statement comes against a backdrop of falling inflation, higher tax receipts and lower than expected debt figures, giving the Chancellor a…

Chancellor of the Exchequer Jeremy Hunt addressed the UK parliament at 11:30 this morning to set out a £54 billion plan to cut spending and raise taxes – with the latter contributing around £24 billion of that total. Naturally, the fiscal measures…

UK Chancellor Rishi Sunak has today delivered his Spring Statement and, contrary to expectation, much of his speech to the House of Commons centred on taxation reform.  In the announcement, Sunak introduced a new Tax Plan setting out his…

A new tax regime for qualifying asset holding companies (“QAHCs”) will be introduced in the UK on 1 April 2022. Draft legislation was released on 4 November 2021 which A&M has reviewed and which has generated a great deal of interest amongst…

Alvarez & Marsal Taxand leaders hosted a webinar to discuss the 2021 Autumn Budget and Spending Review released last week, breaking down the key measures announced by the UK government and outlining risks and opportunities for…

Article featured in Property Week, October 2021. Article featured in Accountancy Age, October 2021. Article featured in CoStar, October 2021. Article features in Property Week, November 2021.      Read the full…

Chancellor Rishi Sunak has delivered the 2021 Budget. He outlined bold, decisive action aimed at not only stabilising the economy and supporting recovery, but in positioning the UK as the world’s most attractive place to invest and do business.…

Understandably, the focus of today’s Budget has centred on urgent measures to minimise the impact of coronavirus. However, this was also a critical moment for the Chancellor to outline plans to boost economic activity post-Brexit – and it was one…

This week Her Majesty’s Revenue & Customs (HMRC), the U.K.’s tax authority, released key statistics related to the U.K. Diverted Profits Tax (DPT)[1]  .  DPT of £138m has been collected during the period from April 2015 (when the tax…

In March of this year HM Revenue & Customs (“HMRC”) published a consultation document in respect of non-resident companies who are chargeable to UK income tax and/or non-resident capital gains tax (“NRCGT”), particularly aimed at those owning…