Issue 1539

Analysis

• A new era for the UK patent box
• Tax and the City review for July 2021
• State aid and tax rulings: latest developments
• SKAT and the revenue rule

In brief

• Balhousie and purposive construction
• Walewski and mixed partnerships
• Historic agreement on international reform

News

• HMRC manual changes: 9 July 2021
• Consensus on international tax reform ... almost
• MTD: policy update
• Tax returns and the SEISS
• SEISS 5th grant: Treasury Direction
• Updated guidance on loss carry-back
• HMRC’s compliance approach for large business
• Correction of VAT regs date
• Repayment of VAT to overseas businesses
• VAT: option to tax
• UK emissions trading scheme
• OECD tax report to G20
• Austria tax treaty
• Customs guidance roundup
• OTS report on use of third-party data
• Fraud risk of covid schemes
• Collecting tax debts after coronavirus
• Consultation on business rates revaluations

Cases

• R (oao Haworth) v HMRC
• K Murphy v HMRC
• K and DBKAG
• HMRC v J Wilkes
• Other cases that caught our eye: 9 July 2021

One minute with

• One minute with... Annette Beresford

Reports

• Historic agreement on international reform