3 February 2025
The UK government's first review of the Notifiable Acquisition Regulations
The Cabinet Office has published a report following the government's first statutory review of the performance of the Notifiable Acquisition regulations (NARs), the statutory instrument which sets out the detail of the 17 specified sectors of the economy subject to mandatory notification requirements under the National Security and Investment Act 2021 (NSIA).
4 November 2024
CGT rates rise and the Employee Ownership Trust (EOT) regime reformed: now is the time consider sale to an EOT
At midnight on 30 October 2023, while many of us slept in eager anticipation of the new labour government’s first budget, the rate of Capital Gains Tax (CGT) increased. 12 hours later the Chancellor announced the higher rate of CGT had increased by 4%. The hike is less drastic than feared and seems unlikely to cause sellers too many sleepless nights.
16 October 2024
National Security and Investment Act Annual Report 2023-24 – What have we learned?
The UK Government recently published its third annual report on the enforcement of the National Security and Investment Act 2021 (NSIA), which covers the period from 1 April 2023 to 31 March 2024.
16 September 2024
Brace for impact: How to navigate the 2025 property tax shake-up
The new Labour government is expected to announce significant tax increases in the upcoming October budget. This follows Chancellor Rachel Reeves' revelation of £22 billion in unfunded spending.
5 August 2024
Increasing director accountability: The new Audit Reform and Corporate Governance Bill
Earlier this month, King Charles III opened the first session of the new parliament by outlining the Labour government’s priorities. Among these was the much-anticipated draft Audit Reform and Corporate Governance Bill. It has been six years since Sir John Kingman delivered his independent review of the Financial Reporting Council (FRC), and the call for robust audit reform has remained strong.
