Issue 1266

Analysis

• AG opinion on Larentia + Minerva: VAT recovery for holding companies
• VAT briefing for June 2015
• APNs: can taxpayers avoid the immediate obligation to pay?
• Tax and the City briefing for June 2015
• Briefing: HMRC’s analysis and research work

In brief

• Reader feedback: Tackling avoidance
• What amnesty?
• Amazon branches out

News

• Surveys report upward trend in tax transparency
• Press watch: An end to the bank levy?
• Indexation allowance
• BEPS action 8: hard-to-value intangibles
• HMRC to relax real-time PAYE penalties
• UK loses over VAT reduced rate on energy-saving materials
• New gaming duty regulations
• UK air passenger taxes among world’s highest
• EC orders Poland and Estonia to provide info on tax rulings
• OECD releases BEPS country by country reporting package
• Seven countries sign global exchange standard
• FATCA: Iceland and Romania sign IGAs
• UK/Kosovo double taxation convention
• Follower notices and accelerated payments
• PAC chair nominations
• Scottish landfill tax consultation
• HMRC guidance

Cases

• HMRC v Paul Newey t/a Ocean Finance
• Cater Allen International and Abbey National Treasury Services v HMRC
• Philip Manduca v HMRC
• Lothian NHS Health Board v HMRC
• European Commission v UK
• Staatssecretaris van Financiën v Fiscale Eenheid X
• Romasave (Property Services) v HMRC

One minute with

• One minute with...Tracey Wright

Ask an expert

• Incorporation of buy-to-let business