Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

In brief

26 June 2018
Issue: 4653 / Categories: News

VAT; EMI; Help-to-save; Money laundering; ERS bulletin


The EU Economic and Financial Affairs Council has agreed a directive amendment to make permanent the minimum standard VAT rate of 15% across the bloc.



The Enterprise Management Incentives Exemptions and Reliefs (Amendment of Tax Advantages in FA 2016  Sch 24) Regulations SI 2018/737 amend Sch 24 by adding the enterprise management incentives scheme to the tax advantages constituting the grant of state aid. They come into force on 11 July. See here.



HMRC has updated the help-to-save scheme guide to confirm that payments of universal credit do not form part of household income for the purposes of assessing eligibility for it. See here.


Money laundering

The fifth money laundering directive will come into force on 9 July. It introduces broader access to information on beneficial ownership of companies and trusts and tighter...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon