Weekly tax brief - 14 July 2016

In this edition of RSM’s weekly round-up of the most important tax news, we cover the latest developments.

How will tax policy support Theresa May’s clampdown on boardroom pay?

13 July 2016

Theresa May has stated her intention to reduce corporate excesses as part of a broader initiative to develop a fairer form of capitalism. So what role will tax policy play in helping to achieve this objective?

When does a 'granny flat' become a second home?

13 July 2016

Proposed changes to legislation clarify how the new stamp duty surcharge will apply to property purchases that include an annexe.

No such thing as a simple life for trustees

13 July 2016

While various government initiatives are focused on making tax compliance easier, life is becoming much more complicated for trustees. While professional trustees should be well placed to keep up-to-date with legislative changes, lay trustees could be at a real disadvantage.

VAT Tribunal may test ‘business as usual’ following Brexit vote

13 July 2016

A recent case before the VAT Tribunal has seemingly set the UK on a course which may test HMRC’s assertion that it’s ‘business as usual’ following the EU referendum.

How could Brexit affect employee assignments abroad?

13 July 2016

Following the EU referendum, there is considerable uncertainty surrounding how Brexit will impact employers and employees in the globally mobile workspace.

What will happen to Scottish tax reforms post-Brexit?

13 July 2016

The Brexit vote has cast further uncertainty over Scotland’s future in the UK, with the Scottish Government already preparing to stage a second independence referendum.