Arrangements whereas companies buy back their own shares immediately before issuing new shares has previously been used in South Africa causing the South African Revenue Service (SARS) concerns over payment of capital gains tax (CGT). [...]

Draft legislation has been published for open market consultation with regards to Abu Dhabi Global Market (ADGM), the new international finance centre in the United Arab Emirates.  This legislation has already been subject to a [...]

In the Autumn statement it was announced that the ‘slab’ rule under which SDLT is currently charged on residential properties at a single percentage of the whole price will be abolished and instead it will [...]

Foreign Direct Investment can be either inward or outward.  Inward is where the economy receives from non-resident investors and outward is where resident makes investments into external economies. Government policies are often directed at attracting [...]

Despite promising to simplify taxation in its pre-election campaigning, the coalition has led to more complication not less according to the Association of Chartered Certified Accountants (ACCA). In its report, the ACCA have stated that [...]

Jersey has recently announced the setting up of the World’s first Bitcoin investment fund.  The fund, known as the Global Advisors Bitcoin Investment Fund (GABI), is a regulated open ended fund and is due to [...]

The UK government has launched a consultation to reform the way employees get tax relief on allowable expenses. Currently employers apply to the HMRC for a dispensation, this allows the employer to pay specific expenses [...]