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Taxing matters

27 March 2015 / Peter Vaines
Issue: 7646 / Categories: Features , Tax , Commercial
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Peter Vaines …& George Osborne get serious about tax evasion

Watching Mr Osborne’s Budget speech last week was an uplifting experience. Britain was walking tall, the envy of the world, had more employment than any country ever in the history of the world…and so on. Some good jokes too. Mr Milliband was keen to put the record straight. In fact, the situation is utterly bleak and we are on the edge of complete catastrophe—unless of course we vote for him. The truth? Goodness knows. No doubt somewhere in between but I have to say that Mr Osborne’s figures did sound rather persuasive. It is a pity that it was so lacking in substance—but with an election only a few weeks away, I suppose that is no surprise.

Most of the measures announced by Mr Osborne were either a repetition of things which he has announced before, or measures which are either deferred or merely under consideration; there was comparatively little relating to the coming year.

The Diverted Profits Tax looks important and we should

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MOVERS & SHAKERS

Gilson Gray—Linda Pope

Gilson Gray—Linda Pope

Partner joins family law team inLondon

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Banking and finance team welcomes partner in London

NEWS
The landmark Supreme Court’s decision in Johnson v FirstRand Bank Ltd—along with Rukhadze v Recovery Partners—redefine fiduciary duties in commercial fraud. Writing in NLJ this week, Mary Young of Kingsley Napley analyses the implications of the rulings
Barristers Ben Keith of 5 St Andrew’s Hill and Rhys Davies of Temple Garden Chambers use the arrest of Simon Leviev—the so-called Tinder Swindler—to explore the realities of Interpol red notices, in this week's NLJ
Mazur v Charles Russell Speechlys [2025] has upended assumptions about who may conduct litigation, warn Kevin Latham and Fraser Barnstaple of Kings Chambers in this week's NLJ. But is it as catastrophic as first feared?
Lord Sales has been appointed to become the Deputy President of the Supreme Court after Lord Hodge retires at the end of the year
Limited liability partnerships (LLPs) are reportedly in the firing line in Chancellor Rachel Reeves upcoming Autumn budget
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