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IN BRIEF

Views on recent developments in tax.

HMRC comes to the rescue.

Keeping calm and carrying on – with the help of technology.

On 17 March, Treasury Minister Stephen Barclay announced in the House of Commons that the proposed IR35 changes would be delayed until April 2021 as part of the effort to minimise the economic impact of Covid-19.According to the announcement this is...
COVID-19 notwithstanding, normal tax processes continue and today saw the publication of the Finance Bill, which will give legal effect to the announcements in the Budget. Our expectation is that the Bill will be given royal assent in July but...
The government is consulting on a review of the UK funds regime.
Card image David Klass Gideon Sanitt David Milne KC Robert Langston Jonathan Cooklin Stephen Pevsner Keith Gordon
Entrepreneurs relief anti-forestalling measures render ineffective two planning strategiesThe headline of the Budget for advisers was the restriction of entrepreneurs relief to 1m. This was widely expected and many individuals...
There is case law to tax outright profiteering from toilet rolls.
The European Commission has provided additional details of its forthcoming tax plans, some of which were alluded to in the Commission’s work programme for 2020.

The tax affairs (and, more specifically, the tax returns) of partnerships and partners continue to create more than their fair share of controversy and procedural dispute. The latest is the First-tier Tribunal decision in Grinyer [2020] UKFTT 64 (TC).

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