News & Insights
Last year the Code Committee (the “Committee”) of the Panel on Takeovers and Mergers (the “Panel”) published a consultation proposing amendments to the City Code on Takeovers and Mergers (the “Code”).
The Financial Conduct Authority (FCA) published on 15 November 2024 its Primary Market Bulletin No. 52 (Bulletin 52). This bulletin provides helpful guidance in relation to applying the UK Market Abuse Regulation (UK MAR) in certain situations.
It is often assumed that the tax-free compensation of up to £30,000 for ‘loss of office’, available under s403 (1) of the Income Tax (Earnings and Pensions) Act 2003 (‘ITEPA’) is an automatic right; however the recent decision of the First Tier Tribunal in Simrajsar Ltd v HMRC [2024] has reminded us that this is not the case.
On 7th August of last year we discussed the upcoming changes to the VAT position for Independent Schools. Now we are in the New Year, what can we say about the implementation of these changes?
