Issue: Vol 0, Issue 1109

Analysis

• Economics focus: Living with the law of large numbers
• Reviewing the length of the UK tax code
• Vodafone’s Supreme Court victory in India
• Discovery assessments post-Hankinson
• Oxfam update
• Back to basics: Tax on stock lending

In brief

• Costs and access to justice before the Tribunals
• Reed and salary sacrifice arrangements

News

• General anti-avoidance rule may disappoint public opinion, says CIOT
• UK tax code is shorter and probably simpler than it seems, says OTS
• EC to refer UK to Court of Justice over tax paid under mistake of law
• State pension: regulations
• People and firms: Smith & Williamson, CIOT
• Beneficial loans: interest rate unchanged
• HMRC should invest in its own staff, says union as call centre workers strike
• PAYE code for share-based payments: draft regulations
• Importing and exporting: HMRC guidance
• Tax return deadline: HMRC announcement
• Small business rate relief: regulations
• HMRC extends tax return deadline to 2 February

Cases

• Kuehne & Nagel Drinks Logistics Ltd v HMRC (and related appeals)
• Seascope Insurance Services Ltd v HMRC
• Felixstowe Dock & Railway Co Ltd v HMRC (and related appeals)
• G Barney v HMRC
• Reed Employment plc v HMRC (and related appeals) (No 4)
• TJ Blanche v HMRC (No 4)
• Wakefield College v HMRC
• Lancer Scott v HMRC

One minute with

• One minute with ... Simon Nuttall

Practice guides

• Back to basics: Tax on stock lending