Game on: video-games tax relief
The European Commission has given state aid approval to the UK’s video-games tax relief, which was announced in the 2012 Budget.
The commission initially questioned whether the relief was necessary to incentivise video-game development in the UK, suggesting that the introduction of the relief would distort the market by encouraging a subsidy race and would reduce overall competition in the sector…
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For the tax year from 6 April 2014, the standard lifetime allowance has reduced from £1.5m to £1.25m.
One of the areas highlighted last year by the Regulator was the regulation of workplace DC pension schemes.
Analysis from The Lawyer
As the equity capital markets rocketed back into favour and global M&A saw at least a partial return to form, there have been some rich pickings for The Lawyer’s Corporate Team of the Year award shortlisted firms in 2014.
The city-state is working hard to become a global wealth management hub, and law firms are gearing up for a prosperous new world