Weekly tax brief - 23 March 2016

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

UK dependencies and overseas territories denounced as 'biggest tax haven'

23 March 2016

The All-Party Parliamentary Group on responsible tax has been examining the OECD’s BEPS recommendations to the G20. So what was the outcome?

Will VAT hike increase number of uninsured drivers?

23 March 2016

The insurance industry is facing a tough time following an increase in Insurance Premium Tax announced in last week’s Budget, and now a European Court decision could see VAT added to insurance claims. But more importantly, could this move result in an increase in uninsured drivers on the road?

New tax powers for Scotland - but will they be used?

23 March 2016

This week, Nicola Sturgeon set out what the SNP would do with the devolved tax powers over income tax. So what was the outcome? The answer might surprise you…

Pensions, ISAs or LISAs?

23 March 2016

The introduction of the new lifetime ISA in the Budget means people now have a number of options when planning for retirement. So what’s best a pension, an ISA or LISA? The choice isn’t going to be an easy one that’s for sure! We provide a handy comparison table.

Property owners hitting a wall of tax

23 March 2016

Landlords and second home owners have faced a tough time recently following tax changes announced in both the Summer Budget 2015 and Budget 2016. So where are we know?

Could the taxman soothe the brow of concerned investors?

23 March 2016

In last week’s Budget, the Chancellor extended entrepreneurs' tax relief to include long-term investors in unlisted companies. The move has been widely welcomed by the business community, but could HMRC play a greater role in reassuring investors in UK companies?