Issue 1471

Analysis

• Have changes to the UK’s CFC rules created thousands of ‘surprise’ CFCs?
• Changes to the loan charge following the Morse review
• Comment: The loan charge review – where are we now?
• Paint me a picture: employment or self-employment?
• Tax and the City review for January 2020
• Cobalt: golden contracts, EZAs and legitimate expectation

In brief

• Zero-rating for VAT: read all about it (digitally)
• HMRC's revised CEST tool
• Review of off-payroll working rules

News

• Brexit: Withdrawal Bill progress
• Scottish Budget on 6 February
• HMRC publishes regulations for implementing DAC6
• HMRC summary of money laundering changes
• EU ETS regulations amended
• Excise movements from Italian territories
• UK/Belgium treaty modified by MLI
• Taxation Disciplinary Board consults on sanctions policy
• HMRC average exchange rates
• Contractual disclosure facility falling out of favour with HMRC
• HMRC guidance: 15 January 2020
• HMRC manual update: 15 January 2020

Cases

• Root 2 Tax Ltd v HMRC
• C Goodfellow and another v HMRC
• Melford Capital General Partner Ltd v HMRC
• Romima Ltd and others v HMRC
• HMRC v D Hansard
• Other cases that caught our eye

One minute with

• One minute with… Julian Bowden-Williams