Issue 1216

Analysis

• FATCA grandfathering & ‘material modification’ of debt instruments
• HMRC v BT: reclaiming bad debt relief under the old scheme
• The UK’s premature legal challenge on the EU FTT
• Private client briefing for May 2014
• Adviser Q&A: Direct recovery of tax debts

In brief

• Tax without design
• Talking points, 16 May 2014
• Unconscionable
• Taxation: reinforcing the single market for citizens

News

• Tax risk ‘a growing concern for most companies’
• CIOT urges rethink on PPR election removal
• High profile Icebreaker scheme defeated
• Treasury Committee voices concerns about debt recovery powers and retrospective tax measures
• Transitional period for FATCA enforcement
• In brief: FB 2014; RTI; interest on NIC; pro fees; parent subsidiaries; BEPS; FTT; guidance

Cases

• Gui Hui Dong v National Crime Agency
• Versteegh v HMRC
• MC & LJ Ive v HMRC
• Shiner & Sheinman v HMRC
• Febrey v HMRC
• Giles v The Royal National Institute for the Blind
• Acornwood and others v HMRC

One minute with

• One minute with... Tim Crosley

Ask an expert

• Ask an expert: Is this loan a ‘chargeable payment’?