Issue 1519

Analysis

• Brexit: tax competition between the UK and the EU27
• International tax cooperation with the EU post-Brexit
• Embiricos and the future of partial closure notices
• Lockdown: tax on prolonged business interruption
• Tax and the City review for February 2021

In brief

• Lessons from SSE Generation
• IHT: the loan dis-arranger

News

• HMRC manual changes: 12 February 2021
• HMRC makes further commitments on powers and safeguards
• Post-Brexit state aid regime
• Accelerated payments and follower notices
• GAAR: close company loan scheme
• EU VAT e-commerce factsheets
• Land transaction tax: relevant rent
• SDLT: non-resident surcharge
• Customs: general guarantee account
• VAT: air-source heat pumps
• VAT deferral new payment scheme
• Class 2 NICs and deferred SA payments
• CJRS eligibility: no right of appeal
• Bounce back loan repayment extension
• First-year allowances: cars

Cases

• Other cases that caught our eye: 12 February 2021
• St George’s University Ltd v HMRC
• HMRC v SSE Generation Ltd
• Clipperton and another v HMRC

One minute with

• One minute with... Victor Cramer