Tax weekly highlights—24 July 2025
This week's edition of Tax weekly highlights includes: (1) coverage of Legislation Day 2025, which saw the government publish draft legislation for technical consultation ahead of its inclusion in Finance Bill 2026, (2) publication of HMRC’s Transformation Roadmap setting out its strategic priorities for the period until 2030, (3) analysis of FTT decisions on the corporation tax chargeable gains degrouping charge (Currys Retail Ltd v HMRC) and appeal rights of partners whose personal tax returns are amended following amendments to the partnership return (Michael Kelly v HMRC), (4) the Scottish Government’s consultation on the interaction between investment and Land and Buildings Transaction Tax, (5) publication of HMRC’s annual report for 2024–25, and (6) the introduction of secondary legislation introducing or widening tax exemptions for certain compensation payments.