Speed read: 2014 has been a year of change for companies operating share plans. We do not expect further significant announcements on tax-advantaged plans in the Autumn Statement. The Chancellor may instead take the opportunity to comment on measures relevant to unapproved schemes and wider employee tax issues following recent...

Globalization is a word that has become part of so many business objectives today. Not just for those larger corporations planning to conquer the world but also for earlier stage businesses who recognize the value waiting for them overseas – or very often simply reacting to customer demand who have...

The government has issued a consultation on the detail of the tax framework for the proposed secondary market which will allow people to sell their annuities in certain circumstances. This follows a previous consultation on the policy framework for a secondary annuity market in 2015, the details of which we...

Ahead of the Chancellor’s speech on Wednesday, our tax and pensions lawyers consider the key measures businesses can expect from Budget 2016. BEPS developments generally, and corporate interest deductions in particular The Base Erosion and Profit Shifting (BEPS) project is a fundamental priority for the international tax community and the...

New Lifetime ISA announced In his Budget speech the Chancellor announced the introduction of a new Lifetime ISA (LISA) from 6 April 2017, available to any adult under 40, and designed to facilitate saving both for a first home and for retirement. In the run up to this Budget speculation...

On 22 October 2015 the Court of Justice of the European Union gave its judgment in the case of Skatteverget v David Hedqvist relating to the VAT treatment of bitcoin. The background to the case is that Mr Hedqvist has a business selling bitcoin – or, in the terminology adopted...

International legal practice Osborne Clarke has advised Persistent Systems on its acquisition of Swiss-based PARX Werk AG, a specialist in digitising business processes in companies. For Persistent, a software solutions builder for enterprises and software product companies, the acquisition marks their continued global expansion which includes the recent openings of...