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IN BRIEF

Views on recent developments in tax.

The importance of getting the ‘knowledge versus recommendation’ balance right.

Some positive steps forward, but concerns remain.

The threshold for the higher rate of income tax will be set at a lower level in Scotland than in the rest of the UK. 

What companies should do in light of new HMRC guidance.
 

James Ross (McDermott Will & Emery) responds to a reader’s different interpretation of the new hybrid rules.

Philip Hammond may have thought he was inheriting a poisoned chalice when he took over as chancellor last summer, but things have turned out better than he feared, as David Smith reports.

Dan Neidle (Clifford Chance) provides a different view on the operation of the new hybrid rules.

HMRC has published revised guidance preventing any transfer pricing discussions with taxpayers outside APAs or enquiries, write Peter Steeds & Paul Fields (KPMG).

In her speech on Tuesday, the prime minister stated that she did not want a deal that would see the UK as ‘half in and half out’ of the EU. But is seeking to become an ‘associate member’ of the customs union not half in? asks David Wilson (RSM UK).
 
The First-tier Tribunal decision in Doran Bros may resonate as a case for our times, writes Graham Elliott (City & Cambridge Consultancy).
 
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