Issue 1500

Analysis

• Do HMRC’s allegations of fraud against GE signal a new era in tax investigations?
• Trade remedies: the new UK regime
• Tax and the City review for September 2020
• Trade remedies: the WTO framework
• Company residence
• VAT on property barter transactions

In brief

• Davies: transfer of assets abroad
• VAT on early termination fees and compensation payments
• HMRC targets footballers, agents and clubs in new wave of investigations

News

• HMRC's change of practice on VAT and compensation payments
• No interest on deferred tax payments
• HMRC messaging on IR35 changes
• Annual investment allowance
• Tax-advantaged share schemes
• OTS extends taxation of chargeable gains review
• Apprenticeship bursaries for care leavers
• Tax credits: calculation of income
• IHT: acceptance of property in lieu of tax
• VAT and charity advertising: further policy changes
• VAT registration and intending traders
• Customs temporary storage facilities
• OECD tax policy reports
• Tax transparency peer reviews
• UN Tax committee releases discussion draft of treaty article on software and royalties
• Consultation on the Scottish Budget
• HMRC shines spotlight on avoidance scheme
• Alternative dispute resolution
• HMRC to review job retention scheme claims
• HMRC guidance: 9 September 2020
• HMRC manual update: 7 September 2020

Cases

• J Charman v HMRC
• Irish Bank Resolution Corporation Ltd (in special liquidation) and another v HMRC
• Sci-Temps Ltd v HMRC
• R oao Ingenious Construction Ltd v HMRC

One minute with

• One minute with... Andrew Parkes