9 Sep 2020
Jet set and taxable benefits
In this article we explore the UK tax issues arising when senior executives and family members are allowed private use of a corporate jet.
28 Aug 2020
California Dreaming (or Nightmare?)
It is no secret that California tax rates can be brutal, with the top rate reaching 13.3% on all income (including capital gains), so it is important for individuals to understand the scenarios in which they will become liable to California taxes, and how not to get caught out and inadvertently subject to tax.
26 Aug 2020
2% Stamp Duty Land Tax surcharge for non-residents
From April 2021, the government intends to impose a 2% surcharge on non-resident individuals purchasing residential property in England and Northern Ireland. In this article, we will explore when the 2% surcharge applies, who it applies to and what property is caught under the rules.
24 Aug 2020
Andersen in the UK finalists for the STEP Private Client Awards, Accountancy Team of the Year (midsize firm)
Andersen in the UK finalists for the STEP Private Client Awards, Accountancy Team of the Year (midsize firm).
18 Aug 2020
Treasury and IRS release long-awaited guidance on carried interest taxation
On July 31, 2020, the Treasury and IRS released proposed regulations regarding Sec. 1061’s carried interest rule, targeting incentive allocations made to fund managers.
17 Aug 2020
Dutch plan to tax departing multinationals gains momentum
Andrew Parkes, National Technical Director, comments in relation to the news that a Dutch law that would hit multinationals leaving the Netherlands with billions in exit taxes is gaining political support.
10 Aug 2020
HMRC investigations into footballers treble
Andrew Parkes, National Technical Director, comments in relation to the news that HMRC investigations into footballers have almost trebled in the last year.
10 Aug 2020
Overseas workday relief for employees
Luke Jenkinson, discusses the different ways individuals can obtain relief for income relating to services performed outside of the UK, commonly referred to as Overseas Workday Relief (OWR), in Accountancy Today.
7 Aug 2020
IRS issues guidance on GILTI high-tax exclusion
The Treasury and IRS have issued final regulations allowing taxpayers to exclude certain high-taxed income of a controlled foreign corporation from their global intangible low-taxed income (GILTI) computation on an elective basis.
7 Aug 2020
Andersen UK 2020 internship programme
We are currently accepting applications for internship placements in the Private Client team at our London office, which advises clients on a range of UK and US tax issues.
6 Aug 2020
Amazon hikes UK seller fees in response to digital services tax
Miles Dean, Head of International Tax, comments in Accountancy Daily in relation to the news that Amazon has been accused of “opting out” of fair taxes after passing on a levy on tech giants to small businesses.
5 Aug 2020
HSBC Suit Shows Challenge Of Designing Tax Relief Laws
Andrew Parkes, National Technical Director, discusses the recent HSBC suit regarding failed tax schemes and the challenges that arise from designing tax relief laws, in Law360.