Issue 1191

Analysis

• Jones: Appealing questions of fact
• Prudential, dividend tax and EU law
• Freeman and discovery assessments
• Tax and the non-executive director
• Economics focus: Growth’s back – can it last?
• Adviser Q&A: Is the UK’s patent box ‘harmful’?

In brief

• Guernsey & Jersey IGAs: the advantages of consistency
• Corresponding adjustments – tax avoidance?
• The month ahead for those advising SMEs
• Both sides of the story on eurobonds
• Responsible tax behaviour does not mean ‘voluntarily’ paying more tax than is ‘legally’ payable

News

• Heated exchanges during PAC hearing into HMRC accounts
• In brief: oil fields; entertainers; SEIS; remittance basis; climate change; people & firms
• UK’s patent box referred to ECOFIN
• NIC disclosure rules ready to come into force
• New guidance on restriction of income tax relief
• Outstanding class 2 NICs to be collected through PAYE
• Draft legislation issued on anti-avoidance compensating adjustments
• Business record checks set for revamp
• Press watch: French football clubs to strike
• EC proposes to standardise VAT returns

Cases

• R (oao Ingenious Media Holdings PLC) v HMRC (and related application)
• HMRC v O’Rorke
• HMRC v Sir AF Morrison (and cross-appeal)
• Prudential Assurance Co Ltd v HMRC
• Felixstowe Dock & Railway Co Ltd v HMRC (and related appeals)
• Aberdeen Asset Management PLC v HMRC

One minute with

• One minute with... Gareth Amdor

Ask an expert

• Ask an expert: HMRC’S UK/Swiss agreement follow-up letters

Practice guides

• Tax and the non-executive director