United Kingdom: Corporate Tax

The landscape for employee share incentives in the UK has shifted meaningfully in recent months, and for private company owners and their advisers, in particular, the timing has rarely been better to take a fresh...

Selling a family business involves navigating complex structural, tax, and operational challenges that can significantly impact the transaction's success. From pre-sale restructuring and management transitions to due diligence preparation and post-closing arrangements, family business owners must address numerous critical considerations to maximize value and ensure a smooth transfer.

HMRC's March Agent Update introduces significant changes to employment tax administration, including quarterly reviews of the official rate of interest, new PAYE responsibilities for labour supply chains involving umbrella companies, and modifications to Overseas Workday Relief notifications. These updates will impact how employers manage tax compliance and reporting obligations from April 2026 onwards.

AI adoption coupled with developments in robots and other technology means many are predicting a medium-term future of reduced job opportunities, whatever the long-term outcome.

The latest set of annual statistics from HM Revenue and Customs (HMRC) show that the number of companies elected into Patent Box marginally increased in the tax year 2022 to 2023...

Exiting a SME business involves a structured preparation phase, followed by detailed legal and financial due diligence through to completion of the transaction.

Welcome to October's edition of our UK Tax Round Up. In the UK, the First-tier Tribunal ruled in Dialog Semiconductor Ltd v HMRC that a $137 million break fee was not a chargeable gain...

In this scenario, an international private client, let's call him John, a UK resident in his early 70s and a widower, found himself confronted with a substantial Inheritance Tax (IHT) bill.

The UK restricts corporate tax deductions for interest and similar financing costs through several regimes, including thin capitalisation, hybrid mismatch rules and a fixed ratio...