*/
Tax – Appeal. The Privy Council allowed the taxpayer insurance company's appeal against findings of the Jamaican courts with regard the tax consequences of a change in practice for valuation of its reserves, arising from the Jamaican Insurance Act 2001. The effect of submitting an amended tax return had been to create a substantial loss for the taxpayer, which had been disallowed by the local tax authority. The Privy Council held that a change by actuaries in the method of calculating the taxpayer's actuarial reserves was to be properly regarded as a change in accounting policy.
Tax – Appeal. The Privy Council allowed the taxpayer insurance company's appeal against findings of the Jamaican courts with regard the tax consequences of a change in practice for valuation of its reserves, arising from the Jamaican Insurance Act 2001. The effect of submitting an amended tax return had been to create a substantial loss for the taxpayer, which had been disallowed by the local tax authority. The Privy Council held that a change by actuaries in the method of calculating the taxpayer's actuarial reserves was to be properly regarded as a change in accounting policy.
Chair of the Bar Sam Townend KC highlights some of the key achievements at the Bar Council this year
Louise Crush of Westgate Wealth Management highlights some of the ways you can cut your IHT bill
Rachel Davenport breaks down everything you need to know about AlphaBiolabs’ industry-leading laboratory testing services for legal matters
By Louise Crush of Westgate Wealth Management sets out the key steps to your dream property
A centre of excellence for youth justice, the Youth Justice Legal Centre provides specialist training, an advice line and a membership programme
By Kem Kemal of Henry Dannell
Mark Neale, Director General of the Bar Standards Board, offers an update on the Equality Rules consultation
Joanna Hardy-Susskind speaks to those walking away from the criminal Bar
Imposing a professional obligation to act in a way that advances equality, diversity and inclusion is the wrong way to achieve this ambition, says Nick Vineall KC
Tom Cosgrove KC looks at the government’s radical planning reform and the opportunities and challenges ahead for practitioners
By Ashley Friday of AlphaBiolabs