Issue 1245

Analysis

• Group structuring in 2015 and beyond
• BEPS year one: lessons learned
• Priorities and challenges for HMRC in 2015
• Economic focus: 2015, and tax will be high on the agenda
• Devolving the UK tax system
• Q&A: The consultation on tax enquiries and closure rules – an 'inequality of arms'

In brief

• Diverted profits tax: are they serious?
• Is the new follower notice penalty in breach of the HRA 1998?

News

• EC enlarges tax rulings enquiry to all member states
• HMRC consults on new power for closures of single aspect of tax enquiries
• CFA plans VAT guidelines to address unintended non-taxation
• Latest raft of BEPS discussion drafts invite comment
• HMRC consults on trio of draft pensions regulations
• Scottish landfill and building provisions come into force
• In brief: Budget; travel expenses; coding notices; loan relationships; CASCs; RPI; prompt payment; SDRT; customs clearance ‘ remote gambling taxes; tax credits debt; Bill update; contractor loan schemes; bank levy; guidance

Cases

• CC&C v HMRC
• Staatssecretaris van Financiën v Schoenimport ‘Italmoda’ Mariano Previti vof; and Turbu.com
• Project Blue v HMRC
• Harikrishna S Patel v HMRC
• Trevor Anthony Hartland v HMRC
• The Test Claimants in the FII Group Litigation v HMRC
• Commission v UK

One minute with

• One minute with… Timothy Lyons QC

Ask an expert

• MOSS and VAT changes for e-services