Legal News

Tax weekly highlights—29 October 2020

Published on: 29 October 2020
Published by: LexisPSL
  • Tax weekly highlights—29 October 2020
  • In this issue:
  • Taxes management and litigation
  • VAT structuring reports not subject to litigation privilege (Financial Reporting Council Ltd v Frasers Group plc)
  • HMRC updates guidance on time to pay arrangements
  • Anti-avoidance
  • Deferral scheme falls foul of DOTAS rules (HMRC v Opus Bestpay Ltd)
  • Individuals and income tax
  • Taxpayers in Montpelier avoidance scheme not entitled to PAYE credit (Lancashire and others v HMRC)
  • Coronavirus (COVID-19)
  • More...

Article summary

This week’s edition of Tax highlights includes: (1) the High Court’s decision in Financial Reporting Council Ltd that three VAT planning reports commissioned by Sports Direct were not covered by litigation privilege, (2) the FTT’s decision in Opus Bestpay Ltd that the taxpayer had made available a standardised tax avoidance scheme to participants and was a promoter of notifiable arrangements under the DOTAS rules, and (3) the FTT’s decision in Lancashire that partnership profit shares under a scheme were taxable under the transfer of assets abroad provisions and consequently the taxpayers were not entitled to PAYE credits as the appellants were not deemed to receive any employment earnings. or take a trial to read the full analysis.

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