Our knowledge resources reflect the breadth and depth of our expertise, our insight into the issues which matter to your business, and our understanding of the markets in which you operate.
Share plan annual returns for the 2021/22 tax year need to be filed online by 6 July 2022 in respect of all your share incentive arrangements to avoid penalties (an initial penalty of £100 will be due if a return is just one day late).
If you had an employee share plan or arrangement in the 2021/22 tax year, now is the time to start thinking about your annual reporting obligations.
2021 has seen the UK Government and regulators engage in a blizzard of consultations and draft legislation, proposing reforms across a wide range of areas. The sheer volume makes it difficult for businesses to keep on top of changes that might affect them.
A regular briefing for the alternative asset management industry.
The environmental, social and governance (ESG) performance of a business is both a financial matter and an ethical one. As a result, responsible investment is right at the heart of the private equity investment agenda.
On 7 September, the UK Government announced the introduction of a new 1.25% levy which is intended to pay for adult social care reforms and enable the country's National Health Service to tackle the COVID-19 backlog. In this briefing we consider the implications this might have for overseas employers.
Head of Incentives and Remuneration Mahesh Varia and Senior Associate Claire Prentice have contributed the UK chapter to the latest edition of The Legal 500: Employee Incentives Country Comparative Guide.
As a result of the Covid-19 pandemic, asset managers have found that many members of their workforce (of varying degrees of seniority) have been working for an extended period from abroad, rather than in the UK office. Post-Covid, some of these individuals have expressed a wish to spend all of their time, or a proportion of their time, working from abroad.
Share plan annual returns for the 2020/21 tax year need to be filed by 6 July.
Whatever the Chancellor announces in his forthcoming Budget, employee share plans will continue to play an important role as companies move forward from the Covid-19 pandemic. The tax-advantages that share-based awards can enjoy are a key feature, however, equally important is the impact that share-ownership can have on boosting employee morale, motivation and aligning their interests with other investors.
The scope and application of the AIFMD portfolio company provisions - including the "anti-asset stripping rules" – have changed significantly as a result of Brexit. This briefing highlights how these changes may affect your firm.
At 11 p.m. on 31 December 2020, the Transition Period (during which the UK was effectively treated as still part of the EU) came to an end. In our previous article, "Social Security and Brexit: Where are we now?", we highlighted the risks faced by UK employers with employees working in the EU if no agreement on social security coordination was reached by that point.
Head of Incentives and Remuneration, Mahesh Varia, and Senior Associate, Claire Prentice, have contributed to the Legal 500 Country Comparative Guides. These guides set out a series of country-specific Q&As providing an overview of the employee incentives laws and regulations in each jurisdiction.
This briefing was updated on 8 February 2021.
Mahesh Varia has contributed the United Kingdom Chapter to the ninth edition of The Executive Remuneration Review.
If you are a UK employer, with employees working in the EU, EEA or Switzerland, the country in which social security contributions are paid on their salary and benefits is currently set by EU Social Security Coordination rules.
The new Off-Payroll Working Rules (the 'New Rules') will come into effect from 6 April 2021. Organisations engaging the services of workers through intermediaries both directly as well as through agencies, will have greater administrative and financial burdens under the New Rules.
The new Off-Payroll Working Rules (the 'New Rules') will come into effect from 6 April 2021. Organisations engaging the services of workers through intermediaries both directly as well as through agencies, will have greater administrative and financial burdens under the New Rules.