Issue 1319

Analysis

• HMRC’s new guidance on VAT and business transfers
• International briefing for July 2016
• Insuring M&A tax risk
• Finance Bill 2016 changes to treatment of offshore developers and dealers in UK land
• Secondary transfer pricing adjustments

In brief

• Favourable changes to VAT flat rate scheme
• Finance Bill 2016: new government amendments

News

• HMRC has ‘serious work to do’, says PAC
• Finance Bill 2016: report stage amendments
• OTS review of small company taxation
• Consultation on apprenticeship levy in Scotland
• Finance costs restriction for landlords
• Tax-free childcare scheme amendments
• Devolution of welfare powers to Scotland
• EC consults on reduced rates for e-publications
• OECD releases new tax transparency ratings for 10 jurisdictions
• Report by ‘platform for collaboration on tax’
• Transitional relief on EBT investment growth extended
• CIOT response to new corporate criminal offence
• New HMRC guidance

Cases

• Brisal – Auto Estradas do Litoral SA, KBC Finance Ireland v Fazenda Publica
• A Hardy v HMRC
• Taylor Clark Leisure v HMRC
• General Healthcare Group v HMRC
• Praesto Consulting v HMRC
• The Queen (on the application of Biffa Waste Services) v HMRC
• Birchgrove v HMRC

One minute with

• One minute with... Elizabeth Bradley

Ask an expert

• Saving VAT on construction work