ÀÏ˾»úÎçÒ¹¸£Àû

Tax News

Brexit Bulletin—first meeting between UK and Spain about Gibraltar and tax

Published on: 25 May 2021
Published by a

Specialist Tax Regulatory Materials

news-detailpage-img

Article summary

The Foreign, Commonwealth & Development Office has announced that the first meeting between the Liaison Body and the Joint Coordinating Committee has taken place under the International Agreement on Taxation and the Protection of Financial Interests regarding Gibraltar between the UK and Spain. The meeting was held to talk about tax co-operation arrangements between the Spanish and Gibraltan authorities.

Jurisdiction(s): England, Northern Ireland, Scotland, Wales and Spain

Popular Articles

Ministers of religion

Ministers of religionMost ministers of religion or members of the clergy are either office-holders or employees and so their earnings are taxable under ITEPA 2003 as employment income and are subject to Class 1 National Insurance.For the purposes of the tax system, a minister does not have to belong

14 Jul 2020 12:14 | Produced by Tolley Read more Read more

Gifts with reservation ― overview

Gifts with reservation ― overviewIntroductionA gift with reservation (GWR) arises when an individual ostensibly makes a gift of his property to another person but retains for himself some or all of the benefit of owning the property. The legislation defines a gift with reservation with reference to

14 Jul 2020 11:48 | Produced by Tolley Read more Read more

Holdover relief for disposals by trustees

Holdover relief for disposals by trusteesOverviewWhere a capital gain has been realised on an asset that has been disposed of and that disposal was not for full value (that is not in an arm’s length sale) then holdover relief may be available. This will happen when trustees appoint capital assets

14 Jul 2020 11:54 | Produced by Tolley Read more Read more