4/30/2026 11:15:12 AM QE Tax Flash: Fat Jabs - zero fat and zero VAT? By Emily Au Liesl Fichardt Julius Konstantin Berling A battle is brewing over the VAT classification of weight-loss drugs, or GLP-1 medications. Many of these medicines are zero-rated for...
4/22/2026 6:03:03 PM QE Tax Flash: A Win for Roasted Mega Marshmallows By Julius Konstantin Berling Liesl Fichardt Emily Au Mega Marshmallow victory… finally, but it took seven years, four tribunals and a detailed analysis of how people eat marshmallows. The...
4/15/2026 11:23:11 AM QE Tax Flash: Spotlight on the Construction Industry By Liesl Fichardt Emily Au Julius Konstantin Berling HMRC has strengthened its enforcement powers in the construction industry by distributing responsibility for tax fraud throughout the...
4/9/2026 2:36:44 PM QE Tax Flash: The Spring Squeeze By Liesl Fichardt Emily Au Julius Konstantin Berling While no new tax rises were announced in the Chancellor’s Spring Statement, the real substance lay in the Office for Budget...
4/1/2026 9:06:49 AM QE Tax Flash: Penalties are now HMRC's new tool: Shifting the bar in favour of HMRC By Liesl Fichardt Emily Au Julius Konstantin Berling His Majesty's Revenue & Customs ("HMRC") are increasingly using penalties as a tool to punish taxpayers for mistakes – even where there...
3/31/2026 12:22:58 PM UniCredit v Constitution and Celestial – Supreme Court rules on scope of UK’s Russia sanctions regime and impact on aviation letters of credit By Jasdeep Gill Yasseen Gailani On 25 March 2026, the UK Supreme Court handed down judgment in UniCredit Bank GmbH (London Branch) v Constitution Aircraft Leasing...
3/25/2026 1:57:32 PM When Teams Resign: Why Restrictive Covenants May Be Unenforceable for Private Equity Sponsors By Yasseen Gailani Riina Luha From evidence to enforcement In our last three posts, we addressed some of the key considerations in cases of actual or suspected...
3/25/2026 8:56:41 AM QE Tax Flash: Is This Good or Bad? Policing the UK Labour Market's "Umbrella Companies" By Liesl Fichardt Emily Au Julius Konstantin Berling Across the UK temporary labour market, umbrella companies have become widely used. Those companies, and others who engage them, are...
3/16/2026 11:19:12 AM QE Tax Flash: Late Tax Filings Get Costly By Emily Au UK corporation tax filing obligations become stricter this year, with the UK tax authority doubling penalties for late filings from 1...
3/12/2026 1:46:22 PM When Teams Resign: Tips for Private Equity Sponsors Conducting Forensic Investigations By Yasseen Gailani Riina Luha In our last post, we covered the critical first 48 hours when key employees resign: garden leave, locking down IT access, collecting...
3/9/2026 3:05:50 PM QE Tax Flash: Complexity Coming for Carry By Liesl Fichardt Emily Au Julius Konstantin Berling From 6 April 2026, reforms for the tax treatment of carried interest come into effect. Until now, it has been taxed as a capital gain,...
3/3/2026 11:30:24 AM QE Tax Flash: The tax burden gets heavier By Liesl Fichardt Emily Au Julius Konstantin Berling From April 2026, HM Revenue and Customs will impose new quarterly digital tax reporting requirements on self-employed individuals and...