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        <title>Travers Smith Budget articles, events and news.</title>
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        <pubDate>Mon, 26 Jul 2021 16:19:17 &#x2B;0000</pubDate>
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                <title>Autumn Budget 2025</title>
                    <description><![CDATA[Stay informed with our expert Autumn Budget 2025 analysis. Explore key highlights, tax changes, spending reviews, and economic impacts. Get in-depth insights and updates to help individuals and businesses navigate the latest UK budget developments.]]></description>
                        <pubDate>
                            Wed, 26 Nov 2025 12:07:27 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/autumn-budget-2025/</link>
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            <item>
                <title>Autumn Budget 2024</title>
                    <description><![CDATA[Read our analysis of the new Labour government&#x27;s Autumn 2024 Budget. We provide insights into a number of changes to Carried Interest, Business Taxes, Inheritance Tax, the Non-Dom Regime, Capital Gains Tax, International, Real Estate and Employee Incentives.]]></description>
                        <pubDate>
                            Wed, 30 Oct 2024 10:14:55 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/autumn-budget-2024/</link>
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            <item>
                <title>2024 UK General Election Manifestos: What do we know, and what do we think we know</title>
                    <description><![CDATA[With the General Election fast approaching, both Labour and Conservative parties have launched their manifestos including their key tax commitments.]]></description>
                        <pubDate>
                            Fri, 14 Jun 2024 14:19:38 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/2024-uk-general-election-manifestos-what-do-we-know-and-what-do-we-think-we-know/</link>
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                <title>Spring Budget 2024 - Tax budget</title>
                        <pubDate>
                            Wed, 06 Mar 2024 12:26:08 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/spring-budget-2024-tax-budget/</link>
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                <title>Autumn Statement 2023 - key tax measures announced</title>
                        <pubDate>
                            Wed, 22 Nov 2023 10:50:46 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/autumn-statement-2023-key-tax-measures-announced/</link>
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            <item>
                <title>Spring Budget 2023 - Tax budget</title>
                        <pubDate>
                            Wed, 15 Mar 2023 10:38:39 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/spring-budget-2023-tax-budget/</link>
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                <title>Autumn Statement 2022: key tax measures announced</title>
                    <description><![CDATA[The new Chancellor, Jeremy Hunt, delivered a statement on 17 October confirming which of the measures from the 23 September Growth Plan will be retained, and which will not be taken forward. Of the major changes, just the reversal of the April 2022 NICs increases and the SDLT cut are expected to go ahead.]]></description>
                        <pubDate>
                            Thu, 17 Nov 2022 09:35:59 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/autumn-statement-2022-key-tax-measures-announced/</link>
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            <item>
                <title>Mini Budget 2022: Major reversal in the government&#x27;s tax plans</title>
                    <description><![CDATA[The new Chancellor, Jeremy Hunt, delivered a statement on 17 October confirming which of the measures from the 23 September Growth Plan will be retained, and which will not be taken forward. Of the major changes, just the reversal of the April 2022 NICs increases and the SDLT cut are expected to go ahead.]]></description>
                        <pubDate>
                            Mon, 17 Oct 2022 09:40:06 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/mini-budget-2022-major-reversal-in-the-governments-tax-plans/</link>
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            <item>
                <title>Mini Budget 2022 - what are the key announcements for HR?</title>
                        <pubDate>
                            Fri, 23 Sep 2022 12:06:23 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/mini-budget-2022-what-are-the-key-announcements-for-hr/</link>
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            <item>
                <title>Company Share Option Plan (CSOP)</title>
                    <description><![CDATA[The Company Share Option Plan (CSOP) is a form of share incentive arrangement under which qualifying companies can grant tax-advantaged options to their employees.]]></description>
                        <pubDate>
                            Fri, 23 Sep 2022 17:49:24 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/mini-budget-2022-company-share-option-plan-csop/</link>
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            </item>
            <item>
                <title>Seed Enterprise Investment Scheme (SEIS)</title>
                    <description><![CDATA[As part of its policy to encourage growth in the UK, today&#x27;s mini budget also included changes to the Seed Enterprise Investment Scheme (&quot;SEIS&quot;), a scheme which aims to provide income tax relief to individuals who invest in early-stage companies.]]></description>
                        <pubDate>
                            Fri, 23 Sep 2022 17:49:41 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/mini-budget-2022-seed-enterprise-investment-scheme-seis/</link>
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            </item>
            <item>
                <title>Annual Investment Allowance</title>
                    <description><![CDATA[The annual investment allowance (AIA) allows businesses to claim a 100% deduction on capital expenditure on qualifying plant and machinery up to a certain limit.]]></description>
                        <pubDate>
                            Fri, 23 Sep 2022 17:49:53 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/mini-budget-2022-annual-investment-allowance/</link>
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            <item>
                <title>Stamp duty land tax</title>
                    <description><![CDATA[This morning the Chancellor announced widespread stamp duty land tax (SDLT) reliefs that will be effective today.]]></description>
                        <pubDate>
                            Fri, 23 Sep 2022 17:49:58 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/mini-budget-2022-stamp-duty-land-tax/</link>
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            </item>
            <item>
                <title>Abolition of Office of Tax Simplification</title>
                    <description><![CDATA[The government has announced that the Office of Tax Simplification will be abolished and replaced with a general mandate to the Treasury and HMRC to focus on simplifying the tax code.]]></description>
                        <pubDate>
                            Fri, 23 Sep 2022 16:18:46 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/mini-budget-2022-abolition-of-office-of-tax-simplification/</link>
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            </item>
            <item>
                <title>Investment zones</title>
                    <description><![CDATA[In his Growth Plan Statement, the then Chancellor announced the introduction of a package of measures, including planning liberalisation and generous tax reliefs, to create new investment zones.]]></description>
                        <pubDate>
                            Fri, 23 Sep 2022 16:15:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/mini-budget-2022-investment-zones/</link>
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            <item>
                <title>Health and Social Care Levy abolished</title>
                    <description><![CDATA[On taking office, the new prime minister, Liz Truss, confirmed that she would scrap the Health and Social Care Levy.]]></description>
                        <pubDate>
                            Fri, 23 Sep 2022 12:50:30 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/mini-budget-2022-health-and-social-care-levy-abolished/</link>
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            <item>
                <title>Autumn Budget 2021</title>
                    <description><![CDATA[Listening to the Chancellor&#x27;s speech, it was clear that his focus in the Autumn Budget was the &quot;spend&quot; element of the tax and spend equation, perhaps because the key tax announcements (the 2023 increase in corporation tax and the new Health and Social Care Levy) had been made and debated earlier in the year.]]></description>
                        <pubDate>
                            Wed, 27 Oct 2021 16:28:18 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/autumn-budget-2021/</link>
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            <item>
                <title>Autumn Budget 2021 &#x2013; an oasis of the calm?</title>
                    <description><![CDATA[Tax has been very much in the headlines recently. At a domestic level, we even have two new taxes to look forward to next year; the health and social care levy (see our briefing) and residential property developer tax (RPDT), whilst, at international level, agreement has been reached on most of the key features of significant two-pillar reform programme for global corporate tax rules (BEPS 2.0).]]></description>
                        <pubDate>
                            Fri, 15 Oct 2021 10:38:48 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/autumn-budget-2021-an-oasis-of-the-calm/</link>
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            </item>
            <item>
                <title>Finance Bill 2022 (FB) &#x2013; amendments to the REIT regime</title>
                    <description><![CDATA[With 92 UK REITs already in existence and more anticipated, following extensive industry discussions, the government is keen to ensure that the rules facilitate use of the regime and make it more attractive by removing certain constraints and administrative burdens.]]></description>
                        <pubDate>
                            Thu, 22 Jul 2021 13:57:58 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/finance-bill-2022-fb-amendments-to-the-reit-regime/</link>
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            </item>
            <item>
                <title>Asset holding companies and other news</title>
                    <description><![CDATA[Will the UK be the new Luxembourg? Today on &quot;L Day&quot; the government has published details of its proposed new asset holding company regime, together with a raft of other measures.]]></description>
                        <pubDate>
                            Tue, 20 Jul 2021 13:57:57 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/asset-holding-companies-and-other-news/</link>
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            </item>
            <item>
                <title>Government announces amendments to Finance Bill 2021</title>
                    <description><![CDATA[There was good news for landlords recently, as the government announced amendments to Finance Bill 2021 to enable background plant and machinery in leased buildings to qualify for a super-deduction or an SR allowance.]]></description>
                        <pubDate>
                            Thu, 03 Jun 2021 13:57:37 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/government-announces-amendments-to-finance-bill-2021/</link>
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            <item>
                <title>Raising standards in the tax advice market</title>
                    <description><![CDATA[On 23 March 2021, the government launched a consultation on raising standards in the tax advice market, with a focus on professional indemnity insurance (&quot;PII&quot;) and the scope of the definition of tax advice.]]></description>
                        <pubDate>
                            Tue, 30 Mar 2021 13:57:21 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-raising-standards-in-the-tax-advice-market/</link>
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            </item>
            <item>
                <title>Tax Day: Key proposed changes</title>
                    <description><![CDATA[On 23 March 2021 the government published a series of announcements and consultations on changes to tax law on the first ever Tax Day.]]></description>
                        <pubDate>
                            Tue, 30 Mar 2021 13:57:22 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-tax-day-key-proposed-changes/</link>
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            <item>
                <title>Changes coming down the track for alternative asset managers</title>
                    <description><![CDATA[To help you keep on top of legal developments relevant to alternative asset managers, we have created a checklist that pulls the key ones together. Our checklist highlights each development, providing a brief description and setting out the next steps. We hope that you find it useful.]]></description>
                        <pubDate>
                            Wed, 24 Mar 2021 13:45:29 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/changes-coming-down-the-track-for-alternative-asset-managers/</link>
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            <item>
                <title>Tax Consultations</title>
                    <description><![CDATA[Budget 2021 Tax Consultations]]></description>
                        <pubDate>
                            Wed, 24 Mar 2021 13:57:20 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-tax-consultations/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-tax-consultations/</guid>
            </item>
            <item>
                <title>Tax Day from a real estate perspective</title>
                    <description><![CDATA[Budget 2021: Tax Day from a real estate perspective]]></description>
                        <pubDate>
                            Wed, 24 Mar 2021 13:57:20 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-tax-day-from-a-real-estate-perspective/</link>
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            </item>
            <item>
                <title>Finance Bill: hybrids rules to be relaxed for transparent funds</title>
                    <description><![CDATA[In 2017 the UK introduced rules counteracting hybrid mismatches (the Regime).]]></description>
                        <pubDate>
                            Tue, 23 Mar 2021 13:57:19 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/finance-bill-hybrids-rules-to-be-relaxed-for-transparent-funds/</link>
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            <item>
                <title>The Off-Payroll Working Rules and how they could apply to Non-Executive Directors </title>
                    <description><![CDATA[Changes introduced as a result of the new Off Payroll Working Rules will have an impact on non-executive directors (NEDs) that provide services through personal service companies.]]></description>
                        <pubDate>
                            Thu, 18 Mar 2021 13:57:18 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/the-off-payroll-working-rules-and-how-they-could-apply-to-non-executive-directors/</link>
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            </item>
            <item>
                <title>What does the Budget do for Real Estate? Finance Bill update</title>
                    <description><![CDATA[Following on from the Budget, which did not contain any unexpected headline grabbers, the draft Finance Bill issued on 11 March contains further details and clarifications of various previous announcements of practical importance to the real estate sector. Some good, some not so good, some on which we can expect some lobbying.  There may, of course, be changes as the legislation passes through Parliament, so the position should be monitored.]]></description>
                        <pubDate>
                            Thu, 18 Mar 2021 13:57:18 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/what-does-the-budget-do-for-real-estate-finance-bill-update/</link>
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            <item>
                <title>Super deduction</title>
                    <description><![CDATA[Further details of the new super deduction were revealed in the 11 March draft of the Finance Bill 2021.]]></description>
                        <pubDate>
                            Wed, 17 Mar 2021 13:57:18 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-super-deduction/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-super-deduction/</guid>
            </item>
            <item>
                <title>Budget Editorial</title>
                    <description><![CDATA[Budget 2021 Editorial]]></description>
                        <pubDate>
                            Tue, 16 Mar 2021 13:57:18 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-editorial/</link>
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            </item>
            <item>
                <title>R&amp;D tax relief</title>
                    <description><![CDATA[An interesting consultation on research and development tax credits was published alongside the Budget.]]></description>
                        <pubDate>
                            Mon, 08 Mar 2021 13:57:14 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-rd-tax-relief/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-rd-tax-relief/</guid>
            </item>
            <item>
                <title>Budget 2021</title>
                    <description><![CDATA[Read Travers Smith&#x27;s analysis of the key Budget 2021 announcements and find out how they affect your business.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:02 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021/</guid>
            </item>
            <item>
                <title>New Off-Payroll Working Rules to go ahead as planned</title>
                    <description><![CDATA[In the Budget announced on 3 March, the Chancellor did not announce any further delay to the new Off-Payroll rules which will take effect in the private sector from 6 April 2021 as planned.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:11 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-new-off-payroll-working-rules-to-go-ahead-as-planned/</link>
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            </item>
            <item>
                <title>Business tax measures</title>
                    <description><![CDATA[The headline-grabbing item here is, of course, the announcement of an increased corporation tax rate of 25% from April 2023.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:11 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-business-tax-measures/</link>
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            </item>
            <item>
                <title>Personal tax measures</title>
                    <description><![CDATA[Whilst the Chancellor acknowledged in his Budget speech that the price of government support for the economy during the pandemic would be for the highest-earning households to contribute more, the changes announced on Budget Day to the rules on personal taxation were not as radical as many had expected.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-personal-tax-measures/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-personal-tax-measures/</guid>
            </item>
            <item>
                <title>Real estate tax measures</title>
                    <description><![CDATA[Despite the lack of any unexpected headline grabbers, the Budget today contained various announcements, with practical importance for the real estate sector, offering a mixed bag of potential reliefs, opportunities and future increased tax costs, but succeeding, at least, in itself, of offering some more potential certainty as to the tax landscape for the next few years.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-real-estate-tax-measures/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-real-estate-tax-measures/</guid>
            </item>
            <item>
                <title>Anti-tax avoidance, anti-tax evasion and tax compliance</title>
                    <description><![CDATA[The Chancellor has announced a range of new anti-tax avoidance, anti-tax evasion and tax compliance measures as part of the 2021 Budget.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-anti-tax-avoidance-anti-tax-evasion-and-tax-compliance/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-anti-tax-avoidance-anti-tax-evasion-and-tax-compliance/</guid>
            </item>
            <item>
                <title>EMI call for evidence</title>
                    <description><![CDATA[In line with the Budget aim of seeking to support innovative, fast-growing firms, the Treasury have released a call for evidence in connection with the Enterprise Management Incentive (EMI) options regime.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-emi-call-for-evidence/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-emi-call-for-evidence/</guid>
            </item>
            <item>
                <title>Corporation tax</title>
                    <description><![CDATA[As was widely trailed in the press prior to the Budget (and so should come as no surprise), the Chancellor announced an increase in the corporation tax rate.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-corporation-tax/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-corporation-tax/</guid>
            </item>
            <item>
                <title>The Hill Review</title>
                    <description><![CDATA[Also published on 3 March was a review of the UK listing regime, led by Lord Hill. The Hill Review is an ambitious, forward-looking set of recommendations intended to encourage investment in UK business and increase the number of companies choosing to float in the UK (as opposed to listing in other jurisdictions).]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-the-hill-review/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-the-hill-review/</guid>
            </item>
            <item>
                <title>Capital gains tax - annual exempt amount freeze</title>
                    <description><![CDATA[The Chancellor announced that the capital gains Annual Exempt Amount (AEA) will stay at its present level until April 2026. The AEA is essentially the value of gains that a taxpayer can realise in a given tax year before paying capital gains tax (CGT).]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-capital-gains-tax-annual-exempt-amount-freeze/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-capital-gains-tax-annual-exempt-amount-freeze/</guid>
            </item>
            <item>
                <title>Freeports</title>
                    <description><![CDATA[The government has announced in today&#x27;s Budget that the following areas will be granted freeport status: East Midlands Airport, Felixstowe &amp; Harwich, Humber, Liverpool City Region, Plymouth and South Devon, Solent, Teesside and Thames.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-freeports/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-freeports/</guid>
            </item>
            <item>
                <title>Changes to the &quot;hybrid&quot; anti-avoidance rules</title>
                    <description><![CDATA[In November last year the government announced proposals to significantly amend the UK&#x27;s anti-avoidance regime targeting hybrid and other mismatches (the November Proposals).]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:13 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-changes-to-the-hybrid-anti-avoidance-rules/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-changes-to-the-hybrid-anti-avoidance-rules/</guid>
            </item>
            <item>
                <title>Asset management measures</title>
                    <description><![CDATA[Although the Budget is light on tax measures which specifically relate to asset management, the funds industry will welcome the continued economic support for businesses suffering due to the Covid-19 pandemic and the longer term measures aiming to stimulate business investment.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:13 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-asset-management-measures/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-asset-management-measures/</guid>
            </item>
            <item>
                <title>EU Interest and Royalties Directives provisions repeal</title>
                    <description><![CDATA[The government has introduced legislation to repeal parts of the UK tax code which implement the EU Interest and Royalties Directive into UK law.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:13 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-eu-interest-and-royalties-directives-provisions-repeal/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-eu-interest-and-royalties-directives-provisions-repeal/</guid>
            </item>
            <item>
                <title>COVID-19 measures</title>
                    <description><![CDATA[The 2021 Budget includes an extended package of measures to help the U.K. manage the ongoing effects of the COVID-19 pandemic. In addition to the &#xA3;280bn of COVID relief initiatives that the government introduced between March and December 2020, many new COVID-related schemes have been introduced in this Budget.]]></description>
                        <pubDate>
                            Wed, 03 Mar 2021 13:57:13 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-covid-19-measures/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-covid-19-measures/</guid>
            </item>
            <item>
                <title>Budget 2021: UK corporation tax increase</title>
                    <description><![CDATA[Recent press reports have speculated that the Chancellor, Rishi Sunak, is set to increase the main rate of UK corporation tax rate (currently 19%), with some reports predicting a sharp rise to 25%.]]></description>
                        <pubDate>
                            Mon, 01 Mar 2021 13:57:10 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-uk-corporation-tax-increase/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-uk-corporation-tax-increase/</guid>
            </item>
            <item>
                <title>Budget 2021: Property tax &#x2013; three things to look out for on Budget Day 2021</title>
                    <description><![CDATA[Although making predictions is fraught with danger at the best of times - let alone during a global pandemic &#x2013; here are three property-related tax announcements we would not be surprised to hear on 3 March.]]></description>
                        <pubDate>
                            Fri, 26 Feb 2021 13:57:09 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-property-tax-three-things-to-look-out-for-on-budget-day-2021/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-property-tax-three-things-to-look-out-for-on-budget-day-2021/</guid>
            </item>
            <item>
                <title>Budget 2021: Employee share plans and the road to recovery</title>
                    <description><![CDATA[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.]]></description>
                        <pubDate>
                            Wed, 24 Feb 2021 13:57:07 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-employee-share-plans-and-the-road-to-recovery/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-employee-share-plans-and-the-road-to-recovery/</guid>
            </item>
            <item>
                <title>Budget 2021: Considering the changing landscape of tax compliance and enforcement</title>
                    <description><![CDATA[With the number of articles speculating on a potential increase in corporation tax or CGT rates, or the implementation of a wealth tax, it is easy to overlook possible changes to the tax compliance and enforcement landscape.]]></description>
                        <pubDate>
                            Mon, 22 Feb 2021 13:57:07 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-considering-the-changing-landscape-of-tax-compliance-and-enforcement/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-considering-the-changing-landscape-of-tax-compliance-and-enforcement/</guid>
            </item>
            <item>
                <title>Further government support for cladding repairs, with tax raises on developers towards meeting cost</title>
                    <description><![CDATA[What is proposed&#xD;&#xA;In the face of mounting pressure, the government, on 10 February announced a 5 point plan for investment in building safety, with a further &#xA3;3.5 billion earmarked for the removal of unsafe cladding.]]></description>
                        <pubDate>
                            Wed, 17 Feb 2021 13:57:05 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/further-government-support-for-cladding-repairs-with-tax-raises-on-developers-towards-meeting-cost/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/further-government-support-for-cladding-repairs-with-tax-raises-on-developers-towards-meeting-cost/</guid>
            </item>
            <item>
                <title>Why are UK businesses restricting deliveries of goods to Northern Ireland?</title>
                    <description><![CDATA[Since the end of the transition period on 31 December 2020, there have been numerous reports of businesses struggling to deliver goods and even halting deliveries to customers in Northern Ireland.]]></description>
                        <pubDate>
                            Mon, 15 Feb 2021 12:23:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/why-are-uk-businesses-restricting-deliveries-of-goods-to-northern-ireland/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/why-are-uk-businesses-restricting-deliveries-of-goods-to-northern-ireland/</guid>
            </item>
            <item>
                <title>Why are there import VAT and customs duties on sales of goods to UK consumers by EU sellers?</title>
                    <description><![CDATA[Throughout January, papers and media websites were full of stories about people being asked to pay large and unexpected tax and custom duties charges on the arrival of goods from the EU.]]></description>
                        <pubDate>
                            Mon, 15 Feb 2021 12:23:12 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/why-are-there-import-vat-and-customs-duties-on-sales-of-goods-to-uk-consumers-by-eu-sellers/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/why-are-there-import-vat-and-customs-duties-on-sales-of-goods-to-uk-consumers-by-eu-sellers/</guid>
            </item>
            <item>
                <title>Budget 2021: When is a tax rise not a tax rise?</title>
                    <description><![CDATA[With recent press reports that the Chancellor, Rishi Sunak, is going to stick with the Conservative manifesto &#x27;triple lock&#x27; pledge you may be wondering how he might raise tax at next month&#x27;s Budget without actually raising tax rates.]]></description>
                        <pubDate>
                            Fri, 12 Feb 2021 13:57:02 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-when-is-a-tax-rise-not-a-tax-rise/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-when-is-a-tax-rise-not-a-tax-rise/</guid>
            </item>
            <item>
                <title>Budget 2021: Corporate tax residence, taxable presence and COVID-19</title>
                    <description><![CDATA[Travel restrictions and other measures imposed or recommended by governments in response to the COVID-19 pandemic (COVID-related restrictions) have now been in place in the UK and elsewhere for much longer than was perhaps envisaged in early 2020.]]></description>
                        <pubDate>
                            Fri, 12 Feb 2021 13:57:03 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-corporate-tax-residence-taxable-presence-and-covid-19/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-corporate-tax-residence-taxable-presence-and-covid-19/</guid>
            </item>
            <item>
                <title>Budget 2021: OTS capital gains tax review</title>
                    <description><![CDATA[In November 2020 the OTS published a report reviewing capital gains tax which included the following recommendations.]]></description>
                        <pubDate>
                            Fri, 12 Feb 2021 13:57:03 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-ots-capital-gains-tax-review/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2021-ots-capital-gains-tax-review/</guid>
            </item>
            <item>
                <title>Budget 2020</title>
                    <description><![CDATA[Read Travers Smith&#x27;s analysis of the key Budget 2020 announcements and find out how they affect your business.]]></description>
                        <pubDate>
                            Wed, 11 Mar 2020 13:55:08 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020/</guid>
            </item>
            <item>
                <title>Budget 2020: Entrepreneurs&#x27; relief</title>
                    <description><![CDATA[The Chancellor has cut the lifetime limit for Entrepreneurs&#x27; relief from &#xA3;10 million to &#xA3;1 million with effect from Budget Day (11th March 2020).]]></description>
                        <pubDate>
                            Wed, 11 Mar 2020 13:55:17 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-entrepreneurs-relief/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-entrepreneurs-relief/</guid>
            </item>
            <item>
                <title>Budget 2020: Climate change</title>
                    <description><![CDATA[The climate featured heavily in the Chancellor&#x27;s speech (11 March 2020) forming part of the government&#x27;s strategy to create high skill, high wage, low carbon jobs.]]></description>
                        <pubDate>
                            Wed, 11 Mar 2020 13:55:17 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-climate-change/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-climate-change/</guid>
            </item>
            <item>
                <title>Budget 2020: Hybrid rules</title>
                    <description><![CDATA[The government will publish a consultation on the UK&#x27;s &quot;hybrids&quot; anti-avoidance regime, likely focusing on the issues which have caused difficulties to investment funds.]]></description>
                        <pubDate>
                            Wed, 11 Mar 2020 13:55:17 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-hybrid-rules/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-hybrid-rules/</guid>
            </item>
            <item>
                <title>Budget 2020: Review of UK&#x27;s funds regime</title>
                    <description><![CDATA[The government will undertake a review of the UK&#x27;s funds regime, with a view to examining the case for policy changes in the tax and regulatory framework.]]></description>
                        <pubDate>
                            Wed, 11 Mar 2020 13:55:18 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-review-of-uks-funds-regime/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-review-of-uks-funds-regime/</guid>
            </item>
            <item>
                <title>Budget 2020: Real Estate</title>
                    <description><![CDATA[Read Travers Smith&#x27;s summary of the key changes in the Budget as they impact on the real estate sector.]]></description>
                        <pubDate>
                            Wed, 11 Mar 2020 13:55:18 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-real-estate/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-real-estate/</guid>
                        <thumbnail url="http://www.traverssmith.com/media/5496/building-tax.png" length="26796" type="image/png" />
            </item>
            <item>
                <title>Budget 2020: Extension of corporation tax to non-resident corporates landlords (NRCLs)</title>
                    <description><![CDATA[It was announced in the Budget that rental profits of NRCLs will become liable to corporation tax. Read Travers Smith&#x27;s commentary on the consequences of this.]]></description>
                        <pubDate>
                            Wed, 11 Mar 2020 13:55:18 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-extension-of-corporation-tax-to-non-resident-corporates-landlords-nrcls/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-extension-of-corporation-tax-to-non-resident-corporates-landlords-nrcls/</guid>
                        <thumbnail url="http://www.traverssmith.com/media/5496/building-tax.png" length="26796" type="image/png" />
            </item>
            <item>
                <title>Budget 2020: What to look out for in the real estate sector</title>
                    <description><![CDATA[The Budget is now confirmed for 11 March 2020. Read our briefing to find out what this means for the real estate sector.]]></description>
                        <pubDate>
                            Mon, 02 Mar 2020 13:55:13 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-what-to-look-out-for-in-the-real-estate-sector/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-2020-what-to-look-out-for-in-the-real-estate-sector/</guid>
                        <thumbnail url="http://www.traverssmith.com/media/5496/building-tax.png" length="26796" type="image/png" />
            </item>
            <item>
                <title>Budget Watch 2020</title>
                    <description><![CDATA[The budget is set to be released on March 11th 2020, despite the Chancellor&#x27;s recent resignation.]]></description>
                        <pubDate>
                            Thu, 13 Feb 2020 13:55:08 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/budget-watch-2020/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/budget-watch-2020/</guid>
                        <thumbnail url="http://www.traverssmith.com/media/5458/derivatives_structured_products.png" length="91271" type="image/png" />
            </item>
            <item>
                <title>Is the climate changing? Russell Warren discusses the way in which the tax regime could help combat climate change</title>
                    <description><![CDATA[We are all being encouraged to change our behaviour to try and reverse the effects of climate change.]]></description>
                        <pubDate>
                            Thu, 13 Feb 2020 13:55:10 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/is-the-climate-changing-russell-warren-discusses-the-way-in-which-the-tax-regime-could-help-combat-climate-change/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/is-the-climate-changing-russell-warren-discusses-the-way-in-which-the-tax-regime-could-help-combat-climate-change/</guid>
            </item>
            <item>
                <title>Guest Editorial: Stevens &amp; Bolton examine the proposed changes to inheritance tax recently suggested in an All-Party Parliamentary Group report</title>
                    <description><![CDATA[This guest editorial piece from Stevens &amp; Bolton was written by partners Stuart Skeffington and Rosie Todd and covers proposed changes to inheritance tax.]]></description>
                        <pubDate>
                            Thu, 13 Feb 2020 13:55:10 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/guest-editorial-stevens-bolton-examine-the-proposed-changes-to-inheritance-tax-recently-suggested-in-an-all-party-parliamentary-group-report/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/guest-editorial-stevens-bolton-examine-the-proposed-changes-to-inheritance-tax-recently-suggested-in-an-all-party-parliamentary-group-report/</guid>
            </item>
            <item>
                <title>Are large, global, highly digitalised businesses paying less tax than they should? We examine the UK&#x2019;s and the OECD&#x2019;s Digital Services Tax</title>
                    <description><![CDATA[The UK is due to introduce a new digital services tax (DST) with effect from 1 April 2020.]]></description>
                        <pubDate>
                            Thu, 13 Feb 2020 13:55:11 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/are-large-global-highly-digitalised-businesses-paying-less-tax-than-they-should-we-examine-the-uk-s-and-the-oecd-s-digital-services-tax/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/are-large-global-highly-digitalised-businesses-paying-less-tax-than-they-should-we-examine-the-uk-s-and-the-oecd-s-digital-services-tax/</guid>
            </item>
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