Issue 1291

Analysis

• The priorities and challenges for HMRC in 2016
• The condoc on company distributions
• The economic outlook for 2016
• Highlights from the draft Finance Bill 2016 provisions

News

• SDLT ‘second homes’ surcharge consultation
• HM Treasury invites Budget 2016 comment
• HMRC on hybrid mismatch legislation
• North Sea oil and gas investment allowance
• Corporation tax indexation allowance
• Qualifying private placement regulations
• Unauthorised unit trust regulations
• Royal assent for ‘tax lock’ NIC Act
• Top-up payments for small donations to increase
• Holocaust survivor fund IHT exemption
• HMRC to review airport tax-free shopping
• Monaco, China and Greenland sign OECD automatic exchange of information agreements
• Petition to scrap four yearly tax returns
• 24,500 tax returns submitted on New Year’s Eve
• Direct recovery of debts and vulnerable taxpayers
• HMRC ‘has more to do’ as NAO report on tax evasion finds £16bn lost each year
• HMRC guidance
• Press watch: Apple to pay €318m to settle 2008–2013 Italian tax dispute
• Press watch: Franco-American art-dealer dynasty tax fraud trial begins

Cases

• HMRC v Smith & Williamson Corporate Services and P Smiley
• Bloomsbury Verlag gmbh v HMRC
• HMRC v Brockenhurst College
• The Berkshire Golf Club and others v HMRC
• Fairway Lakes v HMRC
• Substantia Invest v HMRC

One minute with

• One minute with...David F Saleh

Ask an expert

• Whether section 198 election is valid