Issue 1222

Analysis

• Goodwill and its relations
• Privacy International: HMRC’s obligation to disclose to third parties
• Inserting a holding company: EIS and stamp duty considerations
• International briefing for June 2014
• VAT focus: Pension fund management
• Adviser Q&A: How fair is the ‘fairer way’ of calculating trusts’ IHT charges?

In brief

• Talking points
• Effective rate? Effective letters?
• How to avoid P11D problems
• Fatally flawed? Does SCA Group Holding hole the UK CFC rules below the waterline?

News

• UK moves up tax competitiveness ranks
• Securities subject to banking ‘bail-in’
• ‘Definitive’ VAT system unveiled for intra-EU supplies of goods
• Consultation begins on benefits in kind simplification
• Finance Bill set for Report Stage
• RTI data ‘not processed efficiently’
• Tax reliefs poorly managed, says PAC
• In brief: medium-sized firms; films and China; prompt payment; MOSS; Parent-Subsidiary Directive; guidance
• Press watch: ‘Avoidance crackdown set to cause wave of litigation’

Cases

• Portland Gas Storage v HMRC
• Norseman Gold v HMRC
• Grand Entertainments v HMRC
• Nicholas Pike v HMRC
• Paul Roelich v HMRC
• Lorna Watson v HMRC
• Gabriel Oziegbe v HMRC

One minute with

• One minute with... Tom Gareze

Ask an expert

• Ask an expert: Corporation tax deduction for issuing shares to employees

Practice guides

• Inserting a holding company: EIS and stamp duty considerations