Issue 1437

Analysis

• Developments in HMRC’s extra-territorial powers
• Tax implications of LIBOR discontinuation
• International review for March 2019
• April 2019 tax changes
• Atherton: challenging a discovery assessment

In brief

• Spot the difference: Ackroyd and Kelly
• Lorraine Kelly wins £1.2m tax case
• Meaningful evaluation of tax changes is needed

News

• Treasury report reaffirms extended time limits and loan charge
• IFS suggests local income tax to help fund local government
• Tax on interest, royalties and dividends in a no-deal Brexit
• Ordinary share capital for employee share schemes
• Tonnage tax
• National minimum wage increase
• HMRC extends deadline for import declarations
• OECD proposes involving online marketplaces in VAT/GST collection
• Deadline for surrender of 2018 EU ETS allowances further extended
• Tobacco products marking requirements
• TAX3 committee calls for European financial police force
• OECD releases beneficial ownership implementation toolkit
• OECD report on taxation and non-standard working
• HMRC guidance: 29 March 2019

Cases

• Lloyds Banking Group and others v HMRC
• N Andrew v HMRC
• Christianuyi and others v HMRC
• Albatel v HMRC
• J Boyd t/a Pixelbox Design v HMRC

One minute with

• One minute with... Joseph Howard