The New Failure to Prevent Fraud Offence – Introduction The introduction of the ‘failure to prevent fraud’ offence in the Economic Crime and Corporate Transparency Bill 2022-23 marks a significant shift in holding companies accountable for corporate wrongdoing. Rather than attributing liability to individual directors or senior officers, the new law focuses on […]
An ‘interesting report’ by the Treasury Select Committee published today. They have stated in their report that cryptocurrencies have “characteristics closely resembling gambling”. There is plenty to unpack there. Of course, anyone who has witnessed the recent meme coin explosion / implosion (you all know PEPE, right?) would perhaps sympathise that some elements could rightly […]
Introduction On April 28, 2023, the Court of Appeal has issued a judgment in the case of David McClean & Ors v Andrew Thornhill KC [2023] EWCA Civ 466, unanimously dismissing the appeal. The case was brought by investors who had put their money into three film finance schemes promoted by Scotts Atlantic Management Limited […]
Introduction So, picture this. A (high quality) tea towel… with an image of each of the monarchs to be coronated over the last 100 years or so. We can list some key tax facts of the period to add a bit of pzazz! Yes, it is a lot of faces and […]
Introduction Last September, the talk of crypto town was the Ethereum Merge or simply The Merge. This title encapsulates the shift by the Ethereum blockchain from the Proof of Work engine to Proof of Stake. Crypto is full of jargon, which is saying something from someone who works in tax. However, a fair chunk of […]