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IN BRIEF

Views on recent developments in tax.

No need for a commission.
A recent Upper Tribunal ruling further clarifies distinction between plant and premises for capital allowances purposes.
The UK law change from 1 June 2021 will lead to withholding tax costs on UK outbound interest and royalty payments.
Although the guidance provided by the Upper Tribunal in Atholl House is welcome, it serves to re-emphasise the degree of uncertainty created by the IR35 rules.
UK B2B businesses learn the true cost of Brexit.

To the displeasure of some and the delight of others, EU member states in the Council have, on 25 February, finally approved their position on public country by country reporting (CBCR). This clears a major long-standing obstacle to implementing public CBCR in EU law, but is the trickiest step still ahead? 

UK extends deferred import declarations and border checks amid Brexit and covid concerns.

Why it’s time for roadmaps and some difficult decisions, not a commission.
The real story is about complexity. 
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