Issue 1420

Analysis

• Tax issues on private equity transactions
• Opinion: Why it’s time to redress the imbalance on HMRC powers
• Philip Hammond avoids the tough questions on tax
• Tax on termination payments: the new law in practice
• VAT briefing for November 2018

In brief

• The quiet but not shy overseas intangibles tax
• Davies and tax treaty protection
• The return of Crown preference

News

• PAC highlights pressures on HMRC
• HMRC confirms relief for EMI schemes
• National living wage and national minimum wage
• SDLT first time buyers’ relief guidance updated
• Child tax credit extended for non-parental carers
• Council adopts directive on reduced rates for e-publications
• ECOFIN still divided on digital services tax
• Tax treaty with New Zealand updated for MLI
• Ecuador signs multilateral convention on tax matters
• EU removes Namibia from tax havens blacklist
• Finance Bill 2019
• Large business tax investigations taking longer to settle
• Lords committee presses HMRC on loan charge settlements
• New HMRC guidance

Cases

• Viscount Hood (executor of the estate of Lady Hood) v HMRC
• HMRC v The personal representatives of the estate of M Vigne
• The Brain Disorders Research Limited Partnership v HMRC
• Loughborough Students’ Union v HMRC

One minute with

• One minute with... Ali Kennedy