Issue: Vol 0, Issue 1124

Analysis

• International briefing for May 2012
• HMRC and tax support for developing countries
• The taxation of R&D in the UK
• Practice guide: Employment taxes and the globally mobile
• VAT focus: Out of time appeals
• Ask an expert: Foreign exchange on unrealised gain on loan asset

In brief

• Zero-rating of goods and services for qualifying aircraft
• VAT on supplies of phone cards
• The abuse of tax nomenclature
• Whose tax system is it anyway?

News

• People and firms: Hogan Lovells, Freshfields Bruckhaus Deringer and haysmacintyre
• Finance Bill: government amendments
• EIS and SEIS tax reliefs: advance assurance
• Climate change levy: HMRC guidance updated
• HMRC staff ‘know’ that Richard Murphy is not overstating the tax gap, says PCS
• Chargeable gains: RPI for April 2012
• LITRG welcomes first steps towards improved service for bereaved taxpayers
• Ministers endorse EC paper on the future of VAT
• Basic PAYE Tools: update
• Institute of Directors backs abolition of corporation tax on undistributed profits
• Landfill tax: HMRC guidance
• National Employment Savings Trust: regulations
• Simpler income tax for small businesses: HMRC guide

Cases

• M Scheunemann v Finanzamt Bremerhaven
• Sew & Go Ltd v HMRC
• Finanzamt Frankfurt am Main-V Höchst v Deutsche Bank AG
• European Commission v Republic of Estonia
• Finanzamt Hildesheim v BLC Baumarkt GmbH & Co KG
• ADSITS Balkan & Sea Properties v Direktor na Direktsia Obzhalvane i upravlenie na izpalnenieto (and related appeal)
• Belgian State v BLM SA
• PG Donaghy v HMRC

One minute with

• One minute with ... Rachel de Souza

Ask an expert

• Ask an expert: Foreign exchange on unrealised gain on loan asset