CASES

Court of Appeal overturns Upper Tribunal decision on transfer pricing but upholds conclusion on unallowable purpose.

Taxpayer’s appeal against FTT IR35 appeal unsuccessful.

UT decides that Mega Marshmallows can be zero-rated.

UK Finco exemption: In UK and ITV plc v European Commission (Joined Cases T-363/19 and T-456/19) (11 April 2024), Advocate General Medina has opined that the CJEU should set aside the General Courts judgment and annul the Commissions...

Debt indemnity arising from share sale did not give rise to a remittance to the UK

High Court dismisses claim for declaratory relief in relation to failed film partnership scheme

Consideration for VAT purposes

SEIS relief claim rejected: Coconut Animated Island Ltd v HMRC [2024] UKUT 75 (TCC) (25 March 2024) is the UT’s decision in the taxpayer’s appeal against the FTT’s decision to uphold HMRC’s refusal to grant relief under the SEIS regime to investors...

Court of Appeal rules on intra-group VAT services and the time of supply

Loan relationship debits disallowed