Reed Smith secures ABS to “future-proof the business”

Reed Smith has obtained its sought-after ABS licence from the SRA after a year-long bureaucratic process.

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Bermuda joins EU Whitelist

By Tim Faries, Sally Penrose The Economic and Financial Affairs Council (ECOFIN) announced today that Bermuda has moved to the “whitelist” following efforts over the past months to implement legislative changes that comply with the EU’s tax governance principles. In May 2019, Bermuda was included on the “greylist” as a cooperative tax jurisdiction with a […]

BVI joins EU Whitelist

By Jeffrey Kirk, Andrew Jowett, Robert Varley On 18 February 2020, the Economic and Financial Affairs Council announced that the British Virgin Islands (BVI) has moved to the ‘whitelist’, indicating that the BVI is now in line with tax governance and transparency standards prescribed by the EU. In March 2018, the BVI was included on […]

No Oral Modification Clauses Remain Solid as a Rock

By Ryaan Doodson Introduction No Oral Modification Clause(s) (NOM Clause(s)) are a common sight in commercial contracts and generally state that all variations to the contract “must be agreed, set out in writing and signed on behalf of both parties before they take effect”. Such clauses seek to prevent informal, oral or perhaps unintentional changes […]

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By Mark Braude Boris Johnson’s announcement to accelerate the ban on selling new petrol, diesel and hybrid cars has put a spotlight on electric cars. In this article, we look at how the government is using the tax regime to encourage employers to embrace electric. No benefit in kind for 2020-21 It is commonly understood […]

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