Issue 1318

Analysis

• Challenges facing the new chancellor
• Farnborough Airport Properties Ltd: control for group relief purposes
• Dispute resolution through mandatory binding arbitration
• Zipvit: diluting the fundamental right to recover input VAT?
• Mabbutt and notice of enquiry: what a difference a day can make
• Quarterly tax treaty briefing: Summer 2016

In brief

• Challenges facing the new chancellor
• VAT and defined benefit schemes revisited?
• VAT: does ‘exempted’ mean I am ‘exempt’?
• Transparency is not a one way street

News

• Government changes
• Enhanced capital allowances in enterprise zones
• PAYE reporting of mileage allowances
• Exemption for non-resident athletes
• Tax-free childcare scheme
• Double taxation treaties
• Panama to sign multilateral convention on tax matters
• Jamaica joins BEPS ‘inclusive framework’
• ECOFIN formally adopts EU anti-tax avoidance directive
• European Commission proposes venture capital funds changes
• Finance Bill 2016 rested until September
• HMRC publishes list of tax avoidance cases
• HMRC annual report and accounts 2015/16
• HMRC’s performance in resolving tax disputes
• HMRC guidance

Cases

• HMRC v Leekes
• Countryfield Village Homes v HMRC
• Flix Innovations v HMRC
• Amoena v HMRC
• Deloitte v HMRC
• K Donaldson v HMRC

One minute with

• One minute with... Richard Hay

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