The UK-EU future relationship: the March 2020 EU draft treaty and negotiations update

This paper provides an update on the first three rounds of negotiations on the future UK-EU relationship and analysis of the draft new partnership treaty tabled by the EU in March 2020…

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Tax avoidance and tax evasion

In recent years concerns as to the scale of mass marketed tax avoidance schemes have led to three major initiatives to undermine this market, and encourage a sea change in attitudes, both in the accountancy industry and its customers: the Disclosure of Tax Avoidance Schemes regime (DOTAS); the General Anti-Abuse Rule (GAAR); and the system of follower notices & accelerated payments. Following these initiatives the Government has continued to introduce provisions to tackle both tax avoidance and tax evasion, including measures in both the Spring & Autumn Budgets in 2017, and the 2018 Budget. This note provides an introduction to the issue of tax avoidance, looking in detail at the development of follower notices and accelerated payments, before discussing the current Government’s approach.…

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Tax avoidance: a General Anti-Abuse Rule

UK tax law is specifically targeted rather than purposive: in tackling the exploitation of loopholes in the law, governments have legislated against individual avoidance schemes as and when these have come to light. This note looks at the case that has been made recently for a general anti-avoidance rule, and the Coalition Government’s introduction of a ‘narrower’ General Anti-Abuse Rule in 2013.…

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Alcohol taxation and the pub trade

This note looks at the way alcoholic drinks are taxed, the Labour Government’s introduction of a ‘duty escalator’ in 2008, and the concerns in the pub trade at the impact of this policy. It goes on to discuss the Coalition Government decision to remove the duty escalator in two stages in 2013 and 2014, and the current Government’s approach to the taxation of alcohol.…

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Coronavirus: Support for economies by European and other states

What economic support have governments given to businesses and individuals to tackle the impact of the coronavirus? This paper looks at the policies put in place by the EU, governments in Europe, the US and other developed countries.…

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VAT on sanitary protection

This note discusses the way sanitary protection is charged VAT – more specifically, the Labour Government’s decision, announced in the March 2000 Budget, to introduce a 5% rate on sanitary protection, the lowest rate then permissible due to EU VAT rules, and the current Government’s announcement in the 2020 Budget that a zero rate will apply from 1 January 2021.

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