Budget

Budget commentary and resources

Latest

1 to 10 of 61

  • New Spanish rules on the deductibility of interest Restricted access

    Article

    Submitted: 18 April 2012

    Spain has introduced new tax rules on the deductibility of interest expenses. In general, net finance expenses will be deductible up to 30% of EBITDA (earnings before interest, taxes, depreciation and amortisation) in any given tax year, or up to €1m, whichever is the greater. Finance expenses which are not deductible in a tax year may be carried forward for up to 18 years.

  • Spanish Budget 2012 Restricted access

    Article

    Submitted: 04 April 2012

    The Spanish Cabinet has approved €27.3bn of spending cuts: the biggest austerity package seen in the history of Spain’s modern democracy. In addition, it has approved a raft of important tax measures, mainly targeted at large companies.

  • UK Budget 2012 - benefits for Life Sciences Restricted access

    Article

    Submitted: 23 March 2012

    The UK Government's Budget on 21 March 2012 contained a number of measures which should improve the competitiveness of the UK's corporation tax regime for pharmaceutical and biotech companies.

  • UK Budget 2012 - Simmons & Simmons' expert commentary Restricted access

    Article

    Submitted: 22 March 2012

    Simmons & Simmons' expert commentary on those tax aspects of the 2012 UK Budget, released on 21 March 2012, which are of particular interest to the business community.

  • UK Budget 2012 - Overview Restricted access

    Article

    Submitted: 22 March 2012

    Simmons & Simmons' brief overview of the UK Budget 2012, which was released on 21 March 2012.

  • UK Budget 2012 - Resources Restricted access

    Article

    Submitted: 19 March 2012

    The UK Budget 2012 was released on Wednesday 21 March 2012. As usual, Simmons & Simmons has provided expert commentary on those tax aspects of the Budget which are of particular interest to the business community.

  • UK Budget 2011 Restricted access

    Article

    Submitted: 23 March 2011

  • UK Budget 2011 - Simmons & Simmons' expert commentary Restricted access

    Article

    Last Reviewed: 23 March 2011 / Submitted: 23 March 2011

    The UK Budget 2011 was released on Wednesday 23 March 2011. As usual, Simmons & Simmons has provided an overview and expert commentary on those tax aspects of the Budget which are of particular interest to the business community.

  • UK bank levy: FAQs Restricted access

    Article

    Last Reviewed: 16 July 2010 / Submitted: 28 June 2010

    FAQs prepared by Simmons & Simmons concerning the UK bank levy announced by the Chancellor in his Emergency Budget on 22 June 2010.

  • UK bank levy Restricted access

    Article

    Last Reviewed: 25 June 2010 / Submitted: 25 June 2010

    As widely anticipated, the Government announced the introduction of a UK bank levy in the Emergency Budget on 22 June 2010. The bank levy will be based on the balance sheet liabilities of UK banks and will come into effect from 01 January 2011. At present, many issues concerning the scope of the levy remain uncertain and the Government will consult over the summer with a view to clarifying the detail later in 2010.

1 to 10 of 61