Issue 1450

Analysis

• The VAT review for July 2019
• Development Securities and company residency: the Upper Tribunal’s reality check
• When tax becomes a dangerous political weapon
• Lifecycle of a business: setting up
• Mixed funds
• What exactly is ‘deliberate’ behaviour?

In brief

• Labour is considering trebling of IHT
• EU watch: member states pick up the pace

News

• HMRC publishes departmental plan for 2019
• HMRC publishes restructured partnership manual
• Regulations for VAT adjustments in the course of business
• New EU tax dispute resolution directive takes effect
• EU tax revenues remain high among advanced economies
• OECD exchange framework for CRS mandatory disclosure
• Morocco signs BEPS multilateral instrument
• Offshore investigations yield £560m in 2018/19
• GAAR advisory panel opinion
• HMRC guidance: 5 July 2019

Cases

• Cases: Summer 2019 review

One minute with

• One minute with... David Thompson

Practice guides

• Lifecycle of a business: setting up
• Mixed funds