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briefing

OECD updates guidance on tax treatment of remote working

The OECD has published the full text of its updated model double tax convention (the Model Treaty), incorporating changes to its guidance, first announced in November 2025, on when a home office of a team member can generate a taxable presence of the foreign business for which they work. Businesses with remote workers will want to ascertain whether the relevant tax authorities will change their practices in line with the new guidance and, if so, confirm that their policies on remote working remain appropriate.

briefing

"Warfighting readiness" - what £298 billion in defence spending means for the UK real estate sector

The Government's Defence Investment Plan, published this summer, represents one of the most significant shifts in UK defence spending in a generation. Backed by £298 billion of investment over the next four years and built on the vision of the Strategic Defence Review ('SDR'), the plan signals a decisive move toward "warfighting readiness".

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