HM Revenue & Customs have recently updated the Employment Related Securities Manual at ERSM30450 and ERSM30460, which relate to the making of joint elections under section 431 of the Income Tax (Earnings and Pensions) Act 2003 (Section 431 Election). These updates try to address some helpful practical points in relation to making Section 431 Elections.…

September 13, 2022 Read more >

On May 28, 2021, the Biden administration released its fiscal year 2022 budget proposals, which include two major legislative plans previously released by the administration, the American Jobs Plan (focused on corporate tax reform) and the American Families Plan (focused on individual tax reform). On the same day, the Treasury Department released its highly anticipated…

July 8, 2021 Read more >

As part of its long-term strategy around taxation, the administration of tax and wider tax policies, HM Treasury have split out the aspects of the recent Budget that related specifically to these areas.  As a result, Tuesday 23rd March saw the publication of a raft of tax policies and consultations. The impact of this work…

March 27, 2021 Read more >