Issue 1518

Analysis

• How to handle tax risk: an in-house perspective
• UK stamp taxes and groups in distress
• Debt releases between companies with common shareholders
• VAT review for February 2021

In brief

• Budget speculation
• Private residence relief: what is a residence?

News

• HMRC manual changes: 5 February 2021
• Tax highlights from the Scottish Budget
• Taxation of covid support payments
• Job retention scheme: publishing details
• Income tax limits and allowances
• SEISS fourth grant
• Pensions: transfers to Gibraltar QROPS
• Moving excise goods by parcel
• Returning goods to the UK
• Apple appeal grounds published
• OECD’s public meeting on taxing digital activity
• Agent Update: Brexit edition
• EC extends covid-19 state aid temporary framework
• OTS third-party data review
• Late-filing penalties
• Over 10m meet January filing deadline
• £4bn deferred under time to pay
• Follower notices and penalties

Cases

• Foojit v HMRC
• HMRC v News Corp UK & Ireland Ltd
• HMRC v A Cook
• Other cases that caught our eye: 5 February 2021

One minute with

• One minute with... Craig Kemsley