Mila Kostadinova

Associate London

Biography

UK AUTUMN STATEMENT 2023: TAX UPDATE Blog Post — Tax Blog — By Jenny Doak, Aron Joy, Oliver Walker, Kevin Donegan, Enda Kerin, Erica Rees, Sean Wright and Mila Kostadinova — November 22, 2023
On 22 November 2023, Chancellor Jeremy Hunt delivered his Autumn Statement, potentially the last such statement to precede the next UK general election.Despite mounting speculation over the past few days, there were no rabbits in the Chancellor’s hat, and today’s announcements were broadly in keeping with expectations. The headline items included the announcement that the current full expensing policy for businesses will be made permanent – a move which the Chancellor heralded as “the biggest business tax cut in modern British history” – and various changes to National Insurance contributions (NICs), including a reduction of the main rate and the abolition of Class 2 NICs for self-employed individuals. ...
Is a share option (or other security) granted to an employee or director always within the charge of UK income tax? The Vermilion case offers some guidance. Blog Post — Tax Blog — By Oliver Walker, Kevin Donegan and Mila Kostadinova — November 14, 2023
On 25 October 2023, the UK Supreme Court handed down its long-awaited judgment in HMRC v Vermilion[1]. The case concerned an individual investor - Mr Noble - whose company (Quest Advantage Ltd) ("Quest") was engaged to advise Vermilion on a turnaround strategy. ...