Eithne Bloice-Sanders

On 17 November 2022, Chancellor Jeremy Hunt delivered his Autumn Statement, highlighting the government’s priorities of stability, growth and public services and remarking that the “path to growth” requires difficult decisions. Having already reversed many of the changes introduced by his immediate predecessor, Kwasi Kwarteng, in the short-lived September Mini Budget and Growth Plan 2022, the Chancellor has now announced further steps aimed at “delivering fiscal sustainability” and restoring the public’s confidence “at a time of significant economic challenge for the UK and the global economy”. ...

In this article we examine recent developments that may affect the use of holding companies and the resulting impact on the UK as a holding jurisdiction. ...

On 11 March, the Chancellor delivered the 2020 Budget. Unsurprisingly, the focus of the Budget was on “emergency” measures surrounding the minimisation of the economic impact of Covid-19. However, there were numerous tax-related announcements, including some new and potentially significant developments. While, predictably, anti-avoidance measures featured, the government was keen to emphasise that it is committed to a competitive tax regime post-Brexit. Summarised corporate impacts for UK companies. ...