What Does the UK 2024 Spring Budget Mean for Tax?
The UK Chancellor, Jeremy Hunt, delivered his Spring Budget today (06 March 2024). Although the Chancellor’s focus was on cutting personal tax to attract voters ahead of the near term general election, he emphasised his commitment to improving UK business growth and productivity. A number of business measures were announced though many were tidying up points rather than fundamental changes […]
Autumn Statement 2023: Boosting Business Growth in the UK
Minimum tax has been discussed in the international tax arena for some time now, and certain jurisdictions already apply some form of ‘minimum tax’ in the domestic setting, such as corporate minimum tax (CMT) in Ontario, Canada and the corporate alternative minimum tax (CAMT) in the USA. In introducing the minimum tax concept into UK legislation, the UK is in line with the growing international trend on this topic.
If you have any questions on how the proposed measures might affect your business, do get in touch!
Global Minimum Tax
Minimum tax has been discussed in the international tax arena for some time now, and certain jurisdictions already apply some form of ‘minimum tax’ in the domestic setting, such as corporate minimum tax (CMT) in Ontario, Canada and the corporate alternative minimum tax (CAMT) in the USA. In introducing the minimum tax concept into UK legislation, the UK is in line with the growing international trend on this topic.
If you have any questions on how the proposed measures might affect your business, do get in touch!
What Does the UK Spring Budget Mean for Tax?
The UK Chancellor, Rishi Sunak, delivered his Spring Statement today (23 March 2022). In terms of measures relating to companies involved in the project finance arena, one of the main items of note was the announcement of the government’s Tax Plan for the remainder of this parliament. Tax Plan At the Autumn Budget 2022, the […]
