Issue 1691

Analysis

• Succession planning: the longer-term impact of the Budget on businesses
• The sale of occupational income provisions following Grint
• Corporate re-domiciliation Panel Report: potential impact on structuring inward bound re-domiciliation
• HMRC’s defeats on subsidised and contracted out R&D

In brief

• Balancing growth and taxes: the corporate tax roadmap
• The increased interest rate on late payments

News

• HMRC manual changes: 10 January 2025
• HMRC names new Perm Sec
• HMRC are not appealing decisions on R&D subsidies and contracting out
• New guidance on refund claims for overpaid PAYE
• Digital platform operators reporting reminders
• Car and van benefit amounts updated
• HMRC revise employment expenses process ... again
• Companies register: protection of addresses
• HMRC clarify VAT treatment of remedial building works
• Challenge to VAT on private school fees
• Voluntary disclosures of offshore income up 22%
• UK-Ecuador agreement given effect
• OECD releases Amount B tool and factsheets
• Exchange of information on tax rulings: peer reviews
• Chancellor commissions Spring Forecast
• Finance Bill 2025: Public Bill Committee to begin in January
• NICs Bill progresses to Lords stages
• Updated guideline hourly rates for tribunal costs applications
• Agent Update: Issue 126
• HMRC Stakeholder Digest: 19 December 2024
• HMRC press officer contact details updated

Cases

• JTC Employer Solutions Trustee Ltd and others v W Garnett and others
• M R Currell Ltd v HMRC
• NHS Mid & South Essex ICB and others v HMRC
• Chemidex Generics Ltd v HMRC
• FRF (South Wales) Ltd v HMRC
• Other cases that caught our eye: 10 January 2025

One minute with

• One minute with... Giles Hambly

Trackers

• HMRC manual changes: 10 January 2025