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IN BRIEF

Views on recent developments in tax.

A rich tapestry.
The tribunal rejects HMRC’s VAT assessment.
The overall compliance yield rise shows HMRC’s enforcement drive is accelerating. Investigations into the UK’s largest businesses are expected to attract more investment as they deliver the highest returns.
There is no protection in the legislation for taking a credible view or making a genuine error. All practitioners have to rely on is HMRC’s Compliance Handbook.
Draft legislation generally excludes partnership interests from the new securities transfer tax, subject to a targeted anti-avoidance rule for arrangements involving underlying chargeable securities.
Card image Alex Jupp Elizabeth Spencer Nick Fagge
Investment managers have gained time, but not yet a permanent exclusion from mandatory registration.
Companies House’s online PSC filing options are not quite what they seem.
Why HMRC should rethink their revised approach.
Impressive progress, but there are challenges ahead.
Draft legislation introduces a new taxpayer obligation and a Customer Correction Notice power.
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