Disguised remuneration: Window to claim transitional relief on investment growth extended

Disguised remuneration: Window to claim transitional relief on investment growth extended

Currently, the Finance Act 2011 provides tax relief on amounts earned in disguised remuneration schemes (employee benefit trusts), with a tax charge applying only to the amount invested. This relief is due to be withdrawn as part of the Government’s crackdown on employee benefit trusts. In order to encourage settlement ... Read More »

New anti-money laundering regime

New anti-money laundering regime

Businesses need to prepare themselves now for the implementation of the new EU Anti-Money Laundering Directive (the Directive). The Directive is scheduled to come into force in July 2017, but there are proposals to accelerate the implementation date to 1 January 2017.  HM Treasury has issued a consultation on the ... Read More »

What Is Blockchain? Why Does It Matter? Observations As North Carolina’s Virtual Currency Legislation Goes Into Effect

What Is Blockchain? Why Does It Matter? Observations As North Carolina’s Virtual Currency Legislation Goes Into Effect

J. K. Rowling’s world of Harry Potter included an array of amazing artifacts; our personal favorites were the books and pictures that changed themselves. Two decades later, a world of Kindles and iPads echoes the wonders of Potter. Now imagine that Rowling’s world included a magic ledger. Every human had ... Read More »

Scroll To Top