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Commentary: Multinational Top-up Tax in Part 3 of the Finance (No.2) Act 2023 Zoe Andrews has written the commentary on the Multinational Top-up Tax provisions in Part 3 of Finance (No. 2) Act 2023 (and associated Schedules) for the Tolley’s Finance Act Handbook.   Part 3 is the starting point for the UK’s implem... BLOG: Stamp duty in the Autumn Statement 2023: update on the 1.5% charge and extension of the growth market exemption The Budget Resolutions published following the Autumn Statement 2023 give temporary statutory effect to provisions intended to remove the UK’s 1.5% stamp duty charge in many circumstances where it would have previously been disapplied under EU law a... Tax Journal – Autumn Statement 2023 Making full expensing – 100% first year capital allowances for investment in qualifying plant and machinery – permanent is the headline corporation tax measure from Autumn Statement 2023. In the Chancellor’s own words : “Worth... BLOG: R&D Tax in the Autumn Statement 2023: A tale of two regimes For those, like me, who have been following the ever-changing research and development (R&D) tax relief landscape in the UK over the past few years, it will have come as no surprise that the Chancellor, in his Autumn Statement 2023, delivered the fina... 2023 HR Autumn Statement Briefing The 2% cut in the main rate of employee’s National Insurance Contributions is likely to be at the forefront of employees‘ minds following the Government’s Autumn Statement today, but there were also other important announcements that emp... Competition & Regulatory Newsletter: Altice loses appeal against European Commission gun-jumping fine Altice loses appeal against European Commission gun-jumping fine On 9 November the European Court of Justice handed down its judgment confirming that the Commission was right to fine Altice for gun-jumping. The Court nevertheless reduced the amount of th... BLOG: Autumn Statement 2023: ORIP out - UTPR in As trailed on X (previously Twitter), the Chancellor delivered the Autumn Statement on 22 November 2023 with “110 different measures to grow the British economy”. I admit that I have not counted the measures to verify this, but the list of tax measures al... Price Fixing Proceedings Against Hong Kong Property Agency Hong Kong Competition Commission takes Midland to court whilst its rival Centaline benefits from leniency On 14 November 2023, the Hong Kong Competition Commission (the Commission) announced that it had commenced proceedings against real estate agencies... Tax and the City Review for November 2023 In their latest Tax and the City article, Mike Lane and Zoe Andrews consider two Supreme Court decisions: Target Group on the application of the financial services exemption to loan administration services, and Vermilion on the deeming provision in sectio... Economic Crime and Corporate Transparency Act 2023: Upcoming reform to limited partnerships This briefing provides an overview of the changes to the Limited Partnership regime introduced by the Economic Crime and Corporate Transparency Act 2023 (in particular the provisions requiring more information about the partners and partnership to be prov...