From Travers Smith

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.

In this pilot episode of the Travers Smith International Arbitration podcast, Huw Jenkin, (Partner in our Dispute Resolution team) and Adam Short (Senior Counsel in the team) discuss the increasing popularity of international arbitration and the reasons behind this increase. They also discuss a number of differences between arbitration and litigation and why parties might opt for one over the other.

Travers Smith's regular update on legal developments in pensions.

In this short video, Rich Offord, Kirsty Emery and Jonathan Rush discuss what suppliers can do to make sure they get paid.  Topics covered include tips on how to push back against customer demands for long payment terms, additional protections such as parent company guarantees and the value of reporting obligations to provide early warning of financial problems at the customer. 

Opening sentence: Today we are launching our new podcast series, Different Voices.

For the first episode, to mark Social Mobility Day 2025, Jacob Miller (tagged to profile) has kindly spoken to Garth Heron, Travers Smith's Diversity & Inclusion Executive, about 'code-switching.' Codeswitching is the act of tailoring your identity to the workplace in order to 'fit in', whether that be changing your accent or talking about your experiences growing up, which can be exhausting.

The conversation takes in what this use of emotional labour can do to someone long-term, particularly as they are trying to rise professionally, and how people from a lower socio-economic background are disproportionately likely to suffer 'imposter syndrome' and doubt themselves.

Social Mobility Day is an annual milestone to raise awareness of the challenges people from a lower socio-economic background can face in the workplace and hopefully challenge the stereotypes and discrimination that can hold some people back professionally.

Thanks to Jacob for his participation.

In this short video, Rich Offord, Katie Hindley and Jonathan Rush highlight some of the key issues for customers when negotiating payment clauses in commercial contracts. Topics covered include common pitfalls when seeking to withhold payments in response to poor supplier performance and the importance of set off rights.  We also discuss why some customers may need to devote more attention to whether they are paying their suppliers on time and the remedies specified in the contract for late payment.

Travers Smith's regular update on legal developments in pensions.

A series of dynamic conversations hosted by Simon Witney, sustainable finance specialist, joined by two expert guests.  

Simon's guests, Ross Butler, Managing Director of Linear B Group, and Tosin Adeyeri, Partner in our Funds team, debate opposing answers to this topical question. Listen now to learn what ESG-linked carried interest means and how it works, plus the pros and cons of incorporating non-financial KPIs into fund economics from their frontline perspective.

The episode ends with a one-sentence answer from each expert guest to… Should your next fund include and ESG or perhaps impacts linked carried interest?

Travers Smith's regular update on legal developments in pensions.

In a brand-new podcast, hosted by our competition experts, you can learn about the ways in which the hot topics in competition law impact, and apply to, the gaming industry.

Episode 1 sees Head of Competition Stephen Whitfield and Associate Chloe Budd provide an overview on the state of play of M&A in the gaming industry and discuss how the EU and UK merger control regimes are dealing with such a dynamic sector.