Issue 1170

Analysis

• VAT focus: The financial services exemption
• Tax issues on equity capital market transactions
• Bristol & West and derivative contracts
• HMRC on managing deliberate defaulters
• Q&A: The UK Uncut judicial review

In brief

• The growing calls for country by country reporting

News

• HMRC £2bn above annual target, claims performance briefing
• Evasion the focus of discussions by OECD and European Forum
• New version for higher education VAT framework
• Draft SI changes pension scheme reporting requirements
• EU single market for pension products put under discussion
• Google accused by PAC of using 'smoke and mirrors' to avoid tax
• Amendments tabled for Finance Bill 2013
• HMRC launches open consultation on partnership tax
• High Court dismisses UK Uncut claim
• Self-employed entertainers' NICs set for simplification
• News in brief
• Press watch: big-name companies under fire for avoidance
• OECD should not dismiss unitary taxation, say campaigners

Cases

• R (oao UK Uncut Legal Action Ltd) v HMRC
• CCA Distribution Ltd v HMRC

One minute with

• One minute with... David Jervis

Ask an expert

• Ask an expert: Mileage capture

Practice guides

• Q&A: The UK Uncut judicial review