Insights
Insight
HMRC launches new Loan Charge Settlement Scheme with reduced liabilities for eligible taxpayers
Insight
Following an independent review of the Loan Charge, HMRC has introduced a new settlement scheme that could significantly reduce outstanding liabilities for some taxpayers and provide a new opportunity to resolve long-running disguised remuneration disputes.
Insight
Transfer pricing documentation: full report vs short-form memorandum
Insight
The size of your company can affect the level of transfer pricing documentation you are required to prepare. Understanding your UK requirements will help ensure your documentation aligns with both HMRC and OECD expectations.
Deal • Technology and Media
Buzzacott advises Aquila Learning on its investment from Northcote Equity
Deal • Technology and Media
We are delighted to have advised the shareholders of Aquila Learning on a minority investment from Northcote Equity.
Insight
Are 529 plans tax efficient for Americans living in the UK?
Insight
529 college savings plans are a popular education funding and estate planning tool for American families. For US citizens living in the UK, however, the UK position can differ significantly from the US tax treatment, particularly where the account owner, beneficiary, or contributors are UK-resident.
Insight
HMRC’s focus on crypto is increasing: Do you have undeclared crypto gains?
Insight
HMRC is set to receive significantly more information about UK cryptoasset users through new international reporting requirements. If you have previously traded, invested in, or received cryptoassets, now may be the time to review whether any income or gains have been reported correctly.
Autumn Budget 2026: What we know so far and what it could mean for your wealth
With the Autumn Budget now scheduled for 28 October 2026, attention is increasingly turning to how the Government will balance its spending ambitions with its commitment to fiscal discipline at a time of elevated borrowing costs and economic uncertainty.
Insight
The Temporary Repatriation Facility (TRF): a window of opportunity
Insight
The reform of the UK's non-domicile regime on 6 April 2025 marked one of the most significant changes to personal tax in a generation. For individuals who spent years navigating the remittance basis, the shift to a residence-based system raises an important question: what happens to the foreign income and gains that were previously sheltered from UK tax?
Insight
Transfer pricing and low value-adding services: The OECD's simplified approach
Insight
The OECD offers a simpler way to set service fees for low value-adding intragroup services between related parties, reducing the compliance burden for both multinational groups and tax authorities.
Insight • Hospitality
Government launches consultation on revised Tipping Code: what hospitality employers need to know
Insight • Hospitality
Hospitality businesses that thought the proposed tipping reforms had been shelved may need to think again. Following the withdrawal of an earlier draft revised Tipping Code in July, a new consultation has now been launched, signalling that the reforms remain on the agenda.
Insight
Inheritance Tax on pensions – what the changes mean for you
Insight
As announced in the 2024 Autumn Budget, pension savings will be brought into the Inheritance Tax (IHT) net from 6 April 2027. As we approach this deadline, it is important to consider the impact these far-reaching changes may have on your estate’s IHT liabilities. Here, we illustrate the impact through a number of case studies.