Weil Tax BLOG - Feed https://tax.weil.com/contributor/aron-joy/ Views and developments from the Tax Department at Weil Tue, 21 Jul 2026 15:11:01 +0000 hourly 1 A decision of significant influence: the Supreme Court decides the BlueCrest case and materially narrows the defences to the salaried member rules on LLP member taxation https://tax.weil.com/insights/a-decision-of-significant-influence-the-supreme-court-decides-the-bluecrest-case-and-materially-narrows-the-defences-to-the-salaried-member-rules-on-llp-member-taxation/ Wed, 08 Jul 2026 12:05:04 +0000 Aron Joy Alex Ereira Jack O’Donohue Lisa Pearson https://tax.weil.com/?p=2669 On 1 July 2026, the Supreme Court handed down its long-awaited judgment in HMRC v BlueCrest Capital Management (UK) LLP [2026] UKSC 18 on the application of the salaried member rules, dismissing BlueCrest’s appeal and upholding the Court of Appeal decision to remit the case to the First-tier Tribunal. As discussed in our most recent

The post A decision of significant influence: the Supreme Court decides the BlueCrest case and materially narrows the defences to the salaried member rules on LLP member taxation appeared first on Weil Tax BLOG.

]]> On 1 July 2026, the Supreme Court handed down its long-awaited judgment in HMRC v BlueCrest Capital Management (UK) LLP [2026] UKSC 18 on the application of the salaried member rules, dismissing BlueCrest’s appeal and upholding the Court of Appeal decision to remit the case to the First-tier Tribunal. As discussed in our most recent

The post A decision of significant influence: the Supreme Court decides the BlueCrest case and materially narrows the defences to the salaried member rules on LLP member taxation appeared first on Weil Tax BLOG.

]]> VAT on servicing fees for debt originators: UK-EU divergence? https://tax.weil.com/insights/vat-on-servicing-fees-for-debt-originators-uk-eu-divergence/ Thu, 02 Jul 2026 10:38:45 +0000 Aron Joy Jacky Kelly Akash Mehta https://tax.weil.com/?p=2666 The European General Court has handed down a significant decision in A Oy (Case T-184/25), in which it found that debt servicing provided by an original lender, to a different owner of the loan, was not exempt from VAT as “the management of credit by the person granting it”. This case may have implications for securitisation

The post VAT on servicing fees for debt originators: UK-EU divergence? appeared first on Weil Tax BLOG.

]]> The European General Court has handed down a significant decision in A Oy (Case T-184/25), in which it found that debt servicing provided by an original lender, to a different owner of the loan, was not exempt from VAT as “the management of credit by the person granting it”. This case may have implications for securitisation

The post VAT on servicing fees for debt originators: UK-EU divergence? appeared first on Weil Tax BLOG.

]]> The new carried interest regime: implications for non-residents working in the UK https://tax.weil.com/uk-tax/the-new-carried-interest-regime-implications-for-non-residents-working-in-the-uk/ Fri, 26 Jun 2026 12:45:41 +0000 Aron Joy Alex Ereira https://tax.weil.com/?p=2664 The UK’s new carried interest regime, now in force, raises the effective tax rate on qualifying carried interest to c.34.1% and, as significantly, extends UK taxation to non-UK residents who perform investment management services in the UK. Carried interest is now treated as trading income, with non-qualifying carried interest remaining subject to rates of up

The post The new carried interest regime: implications for non-residents working in the UK appeared first on Weil Tax BLOG.

]]> The UK’s new carried interest regime, now in force, raises the effective tax rate on qualifying carried interest to c.34.1% and, as significantly, extends UK taxation to non-UK residents who perform investment management services in the UK. Carried interest is now treated as trading income, with non-qualifying carried interest remaining subject to rates of up

The post The new carried interest regime: implications for non-residents working in the UK appeared first on Weil Tax BLOG.

]]> UK Tax Digest https://tax.weil.com/insights/uk-tax-digest-5/ Fri, 24 Apr 2026 11:53:33 +0000 Oliver Walker Aron Joy Alex Ereira Erica Rees https://tax.weil.com/?p=2645 Welcome to the latest edition of the Weil UK Tax Digest, featuring a round-up of tax news over recent months and what to look out for in the coming months. There were no headline tax rate changes or policy announcements at the Spring Statement delivered by Rachel Reeves on 3 March. However, the first half

The post UK Tax Digest appeared first on Weil Tax BLOG.

]]> Welcome to the latest edition of the Weil UK Tax Digest, featuring a round-up of tax news over recent months and what to look out for in the coming months. There were no headline tax rate changes or policy announcements at the Spring Statement delivered by Rachel Reeves on 3 March. However, the first half

The post UK Tax Digest appeared first on Weil Tax BLOG.

]]> Member States Update EU List of Non-Cooperative Tax Jurisdictions on 17 February 2026 https://tax.weil.com/insights/member-states-update-eu-list-of-non-cooperative-tax-jurisdictions-on-17-february-2026/ Mon, 02 Mar 2026 11:24:21 +0000 Aron Joy Alex Ereira Lisa Pearson Barbora Lhotáková https://tax.weil.com/?p=2620 On 17 February 2026, the EU Council published an update to its so-called “Blacklist” of jurisdictions that are not cooperative for tax purposes and “Grey List” of cooperative jurisdictions that have not yet fully met their commitments to comply with tax good governance standards. The Blacklist and Grey List were last revised on 10 October

The post Member States Update EU List of Non-Cooperative Tax Jurisdictions on 17 February 2026 appeared first on Weil Tax BLOG.

]]> On 17 February 2026, the EU Council published an update to its so-called “Blacklist” of jurisdictions that are not cooperative for tax purposes and “Grey List” of cooperative jurisdictions that have not yet fully met their commitments to comply with tax good governance standards. The Blacklist and Grey List were last revised on 10 October

The post Member States Update EU List of Non-Cooperative Tax Jurisdictions on 17 February 2026 appeared first on Weil Tax BLOG.

]]> UK Autumn Budget 2025: Tax Update https://tax.weil.com/insights/uk-autumn-budget-2025-tax-update/ Wed, 26 Nov 2025 19:15:13 +0000 Oliver Walker Aron Joy Kevin Donegan Erica Rees Sean Wright Barbora Lhotáková Joseph Nixon https://tax.weil.com/?p=2580 On 26 November 2025, Chancellor Rachel Reeves delivered her Autumn Budget, following an intense period of speculation. Although personal tax measures took centre stage, key business tax announcements included the introduction of UK stamp duty reserve tax relief for UK-listed companies and an extension of the Enterprise Management Incentive share option scheme. Below is a

The post UK Autumn Budget 2025: Tax Update appeared first on Weil Tax BLOG.

]]> On 26 November 2025, Chancellor Rachel Reeves delivered her Autumn Budget, following an intense period of speculation. Although personal tax measures took centre stage, key business tax announcements included the introduction of UK stamp duty reserve tax relief for UK-listed companies and an extension of the Enterprise Management Incentive share option scheme. Below is a

The post UK Autumn Budget 2025: Tax Update appeared first on Weil Tax BLOG.

]]> UK Tax Digest https://tax.weil.com/insights/uk-tax-digest-4/ Wed, 10 Sep 2025 11:33:15 +0000 Oliver Walker Aron Joy Akash Mehta Erica Rees https://tax.weil.com/?p=2563 Welcome to this edition of Weil’s UK Tax Digest, featuring a roundup of key tax developments. The past six months have seen significant policy announcements and consultations across a number of areas of UK taxation, draft legislation for the next Finance Bill, and speculation about tax increases in the upcoming Budget to be delivered on

The post UK Tax Digest appeared first on Weil Tax BLOG.

]]> Welcome to this edition of Weil’s UK Tax Digest, featuring a roundup of key tax developments. The past six months have seen significant policy announcements and consultations across a number of areas of UK taxation, draft legislation for the next Finance Bill, and speculation about tax increases in the upcoming Budget to be delivered on

The post UK Tax Digest appeared first on Weil Tax BLOG.

]]> The Tax Treatment of Carried Interest – Government Response and Policy Update https://tax.weil.com/insights/the-tax-treatment-of-carried-interest-government-response-and-policy-update/ Mon, 07 Jul 2025 12:28:11 +0000 Aron Joy Jack O’Donohue Josh Hammond https://tax.weil.com/?p=2541 On 5 June 2025, the UK government issued a policy update on its proposals to reform the UK tax treatment of carried interest. It has confirmed that it will: (i) not introduce two previously proposed ‘qualifying conditions’ to be required for carried interest to qualify for a 72.5% multiplier, adjusting the amount of proceeds subject

The post The Tax Treatment of Carried Interest – Government Response and Policy Update appeared first on Weil Tax BLOG.

]]> On 5 June 2025, the UK government issued a policy update on its proposals to reform the UK tax treatment of carried interest. It has confirmed that it will: (i) not introduce two previously proposed ‘qualifying conditions’ to be required for carried interest to qualify for a 72.5% multiplier, adjusting the amount of proceeds subject

The post The Tax Treatment of Carried Interest – Government Response and Policy Update appeared first on Weil Tax BLOG.

]]> UK Tax Digest https://tax.weil.com/insights/uk-tax-digest-3/ Tue, 18 Feb 2025 15:06:15 +0000 Oliver Walker Aron Joy Erica Rees https://tax.weil.com/?p=2449 Welcome to the latest edition of the UK Tax Digest, a round-up of tax news from the past few months and a look at what’s to come in the corporate tax world for 2025.   The big event of 2024 for UK tax practitioners was the delivery of the highly anticipated Autumn Budget by Chancellor

The post UK Tax Digest appeared first on Weil Tax BLOG.

]]> Welcome to the latest edition of the UK Tax Digest, a round-up of tax news from the past few months and a look at what’s to come in the corporate tax world for 2025.   The big event of 2024 for UK tax practitioners was the delivery of the highly anticipated Autumn Budget by Chancellor

The post UK Tax Digest appeared first on Weil Tax BLOG.

]]> Carried Interest: UK Tax Reform https://tax.weil.com/carried-interest/carried-interest-uk-tax-reform/ Mon, 04 Nov 2024 10:13:07 +0000 Aron Joy https://tax.weil.com/?p=2362 On 30 October 2024, the Chancellor delivered the Autumn Budget which included an announcement on the highly anticipated changes to the taxation of carried interest in the UK. The scope and scale of this potential overhaul have been a topic of intense debate since the Labour Party’s 2024 General Election manifesto pledged to “close the

The post Carried Interest: UK Tax Reform appeared first on Weil Tax BLOG.

]]> On 30 October 2024, the Chancellor delivered the Autumn Budget which included an announcement on the highly anticipated changes to the taxation of carried interest in the UK. The scope and scale of this potential overhaul have been a topic of intense debate since the Labour Party’s 2024 General Election manifesto pledged to “close the

The post Carried Interest: UK Tax Reform appeared first on Weil Tax BLOG.

]]>