From Travers Smith

Pause for thought: withholding tax on UK interest & claiming treaty relief

21 min · 1. huhti 2026
jakson Pause for thought: withholding tax on UK interest & claiming treaty relief kansikuva

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During 2025, HMRC paused their concessionary treatment for administrative errors relating to withholding tax on cross-border interest payments. The concession is paused while HMRC review the UK's procedures for claiming relief under a double tax treaty. In this podcast, we discuss the background, the principles involved, and the practical implications of HMRC's decision to pause the concession and conduct the review.

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jakson Arbitration Focus Group Podcast: The Use of AI in International Arbitration kansikuva

Arbitration Focus Group Podcast: The Use of AI in International Arbitration

In this episode, Travers Smith partner Huw Jenkin and senior associate Ophelia Chan explore the growing role of AI in international arbitration and how it compares to its more established use in English litigation. They discuss the current state of AI adoption across both forums, from technology-assisted review (TAR) in disclosure to the emerging use of generative AI tools, alongside the key risks and opportunities these developments present. The episode also covers arbitration-specific concerns such as confidentiality, potential challenges to awards, and multilingual bias, before offering practical guidance on best practices, including the use of AI protocols and procedural directions. With major institutions such as the ICC and LCIA in the process of updating their rules, this is a fast-moving space with significant implications for how disputes are run and how costs are managed.

8. touko 202610 min