Issue 1536

Analysis

• Offshore trusts and onward gifts
• Debt restructuring: deemed releases
• Mullens: taxable gifts and tribunal tips
• Private client review for June 2021
• Unicorn Tankships: tonnage tax and balancing charges

In brief

• CGT reform
• Deferred revenue expenditure
• Financial services: in or out?

News

• HMRC manual update: 18 June 2021
• Spotlight on schemes using pension arrangements
• CIS payments and deductions
• Carry-back of trade losses
• ‘Disability confident’ scheme
• National Insurance Contributions Bill 2021 progress
• Tax-exempt heritage assets
• Tax-free childcare scheme
• Customs regulations
• VAT liability of daycare services
• Getting offshore tax right
• Customs guidance roundup
• Albania double tax treaty
• EU consults on shell companies
• Royal assent to FA 2021
• Raising tax advice standards
• IFS launches TaxLab

Cases

• Northern Light Solutions Ltd v HMRC
• Other cases that caught our eye: 18 June 2021
• Poundland Ltd v HMRC Comms
• West Burton Property Ltd v HMRC

One minute with

• One minute with... Erin Davis