October 31, 2018 - European Union

The UK’s Last Budget Before Brexit – Tech, Tax and Temerity

UK Chancellor of the Exchequer, Philip Hammond, has presented the final UK Budget before Brexit. In this alert we outline the key tax proposals from the Budget applicable to companies and investors in the tech sector, including: a digital services tax for “tech giants”; additional conditions for Entrepreneurs’ Relief; amendments to the loss relief rules; and new tax-avoidance measures.

Read our client alert.