Tax - Publications

Weekly tax update - Latest issue

Smith & Williamson produce a weekly tax update. If you would like to receive future tax updates regularly by email please contact mohammad.homouda@smith.williamson.co.uk

Pre-Budget Report brochure 2008

The Chancellor presented his Pre-Budget Report (PBR) on 24 November 2008. Click below to view our PBR brochure.

Cut in standard rate of VAT

The Chancellor announced in his 2008 Pre-Budget Report that the standard rate of VAT will be reduced from 17.5% to 15% with effect from 1 December 2008 until 31 December 2009.

VAT focus - November 2008

In this issue: ‘Place of supply' rules to change :: Applying the zero rating provisions to residential developments :: Extension of VAT exemption to special investment funds - update :: Can anti-avoidance legislation be used to gain an advantage?

Getting tax value from intangibles and SPVs

Rajesh Sharma, of Smith & Williamson and Thayne Forbes, of Intangible Business, believe taxpayers can benefit from placing intangibles in SPV structures.

Article originally published in International Tax Review, November 2008.

Corporate brochure

Selecting the right adviser for business or personal financial affairs can be a difficult decision. Our aim on these pages is to ease that decision and to demonstrate why Smith & Williamson may be the right choice for you. Find out more...

Managing tax payment obligations - personal tax

This briefing note describes options available to an individual to manage their tax payments due under self assessment.

The demise of source ceasing

An explanation of the extent of blocking legislation and the practical ramifications.

Practical issues with respect to non-UK residence

An update of the practical issues arising for FA 2008 which impact on non-UK resident foreign domiciliaries.

Offshore loans

An explanation of the transitional provisions with respect to offshore interest payments and warning against actions which can forfeit all entitlement to relief.

Enabling entrepreneurs

Click below to download our entrepreneurs' brochure - for entrepreneurs, growth companies and their advisers.

Budget 2009 (Ireland)

"In the next year €2 billion in tax revenue must be raised to keep within the fiscal targets"

The Minister of Finance, Mr Brian Lenihan TD made the above statement during the Budget 2009 speech on 14 October 2008, before detailing the broad range of adjustments to taxation measures which will directly impact every person in the workforce in this country.

Entrepreneurs' Relief

The new tax relief, Entrepreneurs' Relief (ER), can reduce the rate of UK Capital Gains Tax (CGT) to 10% on some disposals. But the rules are complex and fairly restrictive. We can help you plan for ER so as not to undermine overall tax or commercial efficiency.

Domicile and its effect on UK taxation

The key factors to take into account when considering domicile, with a summary of the main UK tax implications.

To request a copy please email Mohammad Homouda

Offshore trusts: UK tax issues facing trustees

An overview of the key UK tax considerations facing offshore trustees. Background has been provided with respect to how UK connected beneficiaries are taxed to enable trustees to have an overview of the issues they need to take into account when making decisions and to be aware of when they need to take specialist advice or advise beneficiaries to take specialist advice.

To request a copy please email Mohammad Homouda

The new residence and domicile rules

The publication explains the Finance Act 2008 residence provisions and the main changes to the remittance basis of taxation. The Finance Act 2008 has changed the way foreign domiciliaries are taxed in connection with employer related securities. These changes are not considered herein.

To request a copy please email Mohammad Homouda

Capital allowances - the new environment

The capital allowance changes introduced in Finance Bill 2008 and the practical issues in applying the changes.

Substantial shareholdings - June 2008

The Finance Act 2002 introduced the substantial shareholdings exemption. The relief exempts from UK tax gains realised by a UK company (the investing company)  on a disposal after 31 March 2002 of a substantial shareholding (or an interest in shares, or an asset related to shares).

Technology group flyer

Our technology group aims to provide tailored advice and solutions to companies operating in the fast-paced technology sector.

Executive expatriate taxation - December 2007

We have created a special tax service for your senior expatriates. We provide an extra level of hand holding for those who merit special attention, making sure their tax affairs are appropriately looked after.