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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

Eversheds Sutherland—Claire Petheram

Eversheds Sutherland—Claire Petheram

Eversheds Sutherland strengthens top-ranked pensions practice with appointment of former global head of pensions

mfg Solicitors—Hannah Finnegan

mfg Solicitors—Hannah Finnegan

Law firm strengthens private client team to support continued growth

Devonshires—Andrew Cromb

Devonshires—Andrew Cromb

Devonshires expands offering with appointment of tax partner Andrew Cromb

NEWS
Mr Justice Nicklin’s decision to order costs on an indemnity basis may be a ‘significant win’ but it’s still ‘far from game, set and match’ for Associated Newspapers, a former costs judge has said
The Law Society RFC Festival of Sport returns next month, bringing together legal and financial services professionals for one of the sector’s largest annual sporting events
Legal aid deserts leave almost one in four without adequate access to justice
The Solicitors Regulation Authority (SRA) has warned solicitors and law firms that using artificial intelligence does not alter their professional obligations, amid concerns over inaccurate legal material and client confidentiality
From forgotten interest claims to case-management appeals, a string of procedural developments offers useful—and occasionally cautionary—lessons for practitioners
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