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27 March 2015 / Peter Vaines
Issue: 7646 / Categories: Features , Tax , Commercial
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Taxing matters

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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

Gateley Legal—Jack Kelly

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Gibson Dunn—Richard Surtees

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Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees

Laytons ETL—Alec Cameron

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Laytons ETL appoints new partner and head of intellectual property disputes

NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee
Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London
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