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IN BRIEF

Views on recent developments in tax.

Although the UK government was in purdah for much of June, business continued in both the Scottish government and the Scottish Parliament.

The UK recently updated its implementing regulations giving effect to CRS and FATCA agreements, amending a number of aspects in the process. Hatice Ismail and Martin Shah (Simmons & Simmons) explain.

This week saw the Conservatives striking a deal with the DUP. What does this mean for tax in Northern Ireland, and what is the knock on effect for the rest of the UK? 

European law does not allow the refusal of an input tax claim where the tax authority has all the information needed to validate a claim, even when there are defects in the actual invoicing.

A philosophical approach to interpreting VAT law.
 
A look at what’s at stake in next month’s Supreme Court hearing.
 
The pros and cons of incorporating buy-to-let businesses.
 
Sam Mitha CBE (formerly of HMRC’s Central Tax Policy Group) believes that simplification should be focused on making it easier for taxpayers to comply with the rules, rather than attempting to simplify legislation.
 

The proposal for public CBC reporting, as approved by European Parliament’s Economic and Monetary Affairs and Legal Affairs committees, contains possible exemptions for commercially sensitive information.

Tax professionals comment on the uncertainty surrounding UK tax policy following the results of the general election.

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