IN BRIEF

Another HMRC victory on ‘grounds’.

The Court of Appeal confirms that the unallowable purpose rule in CTA 2009 s 441 denies interest deductions arising to the Kwik-Fit group from a group reorganisation designed to accelerate the use of tax losses and produce a tax saving for the group as a whole.

But I told you!

The Court of Appeal dismisses the taxpayers’ appeals.

The new IR35 ‘set-off’ mechanism came into effect from 6 April 2024. While this is good news, compliance with IR35 remains essential.

Managing to clarify management – or not.

Labour’s response makes it more complicated for clients to assess their options.

The Upper Tribunal disagrees with HMRC’s strict application of compliance obligations for the discharge of inward processing relief procedure.

A tough test, even for footballers

The Council is working to find an agreement on outstanding tax files, while attention shifts towards the new European Commission's tax agenda.