Issue 1451

Analysis

• Tax and the City review for July 2019
• Comment: A concerning erosion of rights to appeal
• Relocation, relocation, relocation
• Corporate interest restriction for SMEs
• VAT strategies for holding companies
• Self's assessment: politicians' tax promises

In brief

• Facebook’s Libra currency: the tax issues ahead
• Self's assessment: politicians' tax promises

News

• OTS proposes IHT shake-up of lifetime gifts
• EU study puts case for low corporate taxes
• Hybrid capital instruments: draft regulations
• Structures and buildings allowances: final regulations laid
• OTS makes recommendations for reform of IHT
• VED relief for zero-emission taxis
• OECD news: 12 July 2019
• HMRC publishes new Investment funds manual
• HMRC yearly average exchange rates
• Self-assessment penalties rising
• HMRC guidance: 12 July 2019

Cases

• ANO (No. 1) v HMRC
• N Gray v HMRC
• HMRC v The Chancellor, Masters and Scholars of the University of Cambridge
• Marks and Spencer v HMRC
• JK v HMRC
• HMRC v Dundas Heritable

One minute with

• One minute with... Alastair Kendrick