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NEWS
This week's edition of Tax weekly highlights includes: (1) News Analysis on the Court of Appeal’s decision on ‘discontinuous contracts of employment’ and the extension of assessment time limits due to taxpayer carelessness in Mainpay Ltd v HMRC, (2) HMRC issuing a Tax Treatment of Cryptoasset Exchange Traded Notes policy, (3) News Analysis on the Court of Appeal’s dismissal of a proposed floorspace based partial exemption VAT recovery method in Hippodrome Casino Ltd v HMRC, and (4) HMRC issuing an updated list of Pillar Two territories and taxes.
NEWS
This week's edition of Tax weekly highlights includes: (1) the Court of Appeal decision on VAT in WTGIL, (2) News Analysis on the UT’s decision in Mantides on IR35, (3) updated HMRC guidance on Multinational Top-up Tax and the Domestic Top-up Tax and (4) the judiciary publishing updated guidance on the use of AI.
NEWS
This week's edition of Tax weekly highlights includes: (1) a reminder that Legislation Day will be on 21 July, (2) News Analysis of the Court of Appeal’s decision in Vietjet Aviation, and (3) News Analysis of the FTT’s decisions in Stenhouse and Abbey Healthcare (East Kilbride) Ltd.
NEWS
This week's edition of Tax weekly highlights includes:(i) the provisions of the Budget Responsibility Act 2024 coming into force on 15 October 2024, (ii) News Analysis of the UT’s decision on the application of a conforming interpretation of the exit tax legislation in Trustees of Panico Panayi Accumulation and Maintenance Settlements No 1 to 4, and (iii) News Analysis of the FTT’s decision in BTR Core Fund JPUT in respect of a claim for SDLT overpayment relief.
NEWS
This week's edition of Tax weekly highlights includes: (1) UK Finance responding to HMRC’s consultation on simplifying treaty relief for overseas interest payments, (2) News Analyses on the FTT decisions in Poznic on business asset disposal relief, Scheckter on sideways loss relief and Cogefin on company residence, (3) a Law360 article on the UT decision in Aramark, (4) the subject to tax rule (STTR) convention coming into force from 1 January 2027, and (5) the publication of GfC20 on VAT on fund management services.
NEWS
This week's edition of Tax weekly highlights includes: (1) the publications and announcements released on Tax Administration and Maintenance Day on 18 April 2024, (2) the Court of Appeal judgement in Hargreaves and (3) the EU Advocate General’s opinion on the UK’s CFC rules.
NEWS
This week's edition of Tax weekly highlights includes: (1) the Supreme Court judgment dismissing Hotel la Tour’s appeal, (2) the Court of Appeal in Sintra deciding in favour of HMRC on burden of proof in penalty appeals, (3) the Finance Bill 2026 (FB 2026) and the NICs Bill both had their second reading, (4) News Analysis on the new share exchange and reorganisation anti-avoidance measure contained in the Finance Bill 2026 (FB 2026), and (5) News Analysis on the announcement made at Budget 2025 about the oil and gas price mechanism to replace the energy profits levy.
NEWS
This week's edition of Tax weekly highlights includes: (1) confirmation that Spring Budget 2024 will take place on 6 March 2024, (2) publication of the summary of responses to the consultation on the reform of the law in respect of transfer pricing, permanent establishments and diverted profits tax, and (3) News Analysis on the Court of Appeal’s decision in Dolphin Drilling Ltd, relating to the meaning of ‘incidental’ in the context of the oil contractor regime.
NEWS
This week's edition of Tax weekly highlights includes: (1) the King delivering his speech on 17 July 2024 for the opening of Parliament, (2) the Supreme Court deciding in Centrica that expenditure was of a capital nature and therefore disallowed, (3) the Court of Appeal deciding that tax relief was not available to GE Financial Investments under the UK-USA double tax treaty, and (4) the Supreme Court in Lipton raising obiter points about retained EU law and assimilated law in connection with pre-IP completion day causes of action.
NEWS
This week's edition of Tax weekly highlights includes: (1) the Supreme Court’s decision in HFFX LLP, (2) News Analysis on the Court of Appeal’s decision in Bolt Services UK Ltd, (3) News Analyses on the UT’s decisions in (i) GCH Corporation Ltd, (ii) Barclays Services Corporation and (iii) Barclays Bank plc, (4) HMRC’s consultation on the International Controlled Transactions Schedule reporting requirement, (5) confirmation that the mandatory payrolling of benefits in kind will be phased in from 6 April 2027, and (6) updates to the Transfer Pricing and Profit Diversion Compliance Facility guidance.
NEWS
This week's edition of Tax weekly highlights includes: (1) News Analysis on the UK Supreme Court’s decision in Prudential Assurance Company upholding the decision that success fees were subject to VAT, and (2) several CIOT responses to draft Finance Bill 2026 legislation published in July.
NEWS
This week's edition of Tax weekly highlights includes: (1) the House of Commons committee debating (but not amending) clauses of the Finance Bill 2025, (2) the NICs Bill passing the House of Commons stages without amendment, and (3) the Spring Forecast to be published on 26 March 2025.