Issue 1212

Analysis

• Addressing the tax challenges of the digital economy
• VAT focus: The three VAT simplification schemes for SMEs
• FB 2014 restriction on double tax relief
• The Court of Appeal in Mehjoo: no duty to give specialist advice
• Tax and the City briefing for April 2014
• Ask an expert: Transfer of US luxury retailer’s IP to new UK office
• Adviser Q&A: Felixstowe and consortium relief

In brief

• Essack: Option compensation taxable as termination payment
• Update on BEPS action 13: ‘tentative decisions taken to streamline initial proposals’
• Five recommendations on HMRC’s ‘judge and jury’ tax powers
• CGT and non-residents: issues in the condoc

News

• HMRC must justify IR35 rules, say peers
• TAAR to counter NIC avoidance by employment intermediaries
• VAT refund changes come into effect for manufacturers
• Guidance issued on lifetime allowance protections
• Oil and gas: offshore bareboat chartering under scrutiny
• In brief: FB 2014; ERS; professional fees; tax credits; ISA; exchange traded funds; BEPS; FATCA; guidance

Cases

• Asda Stores v HMRC
• Ryanair v HMRC
• The Roald Dahl Museum v HMRC
• HMRC v Colaingrove
• Littlewoods v HMRC
• Susan Corbett v HMRC
• Felixstowe Dock and Railway Company v HMRC

One minute with

• One minute with... Simon Newark

Ask an expert

• Ask an expert: Transfer of US luxury retailer’s IP to new UK office