Issue 1540

Analysis

• The OECD’s statement on international tax reform
• A guide to Finance Act 2021
• Football player transfers

In brief

• FA 2021: Capital allowances and the new super-deduction
• FA 2021: Employment tax issues
• FA 2021: Freeports
• FA 2021: Financial institution notices
• FA 2021: Hybrids and other mismatches
• FA 2021: Discontinuance of LIBOR
• FA 2021: Loss carry-back claims
• FA 2021: SDLT - increased rates for non-residents
• Cooperative compliance with the wealthy
• Indirect effects: who can appeal a judgment?
• Self's assessment: taxing smartphones

News

• HMRC manual changes: 16 July 2021
• CIOT recommends steps to enhance OTS effectiveness
• G20 endorses OECD tax reform plan
• Trust registration service exclusions
• CGT 30-day reporting window
• Freeport tax sites: relief from SDLT
• Tax credits and child benefit
• Customs and excise approvals
• Customs controls
• Customs guidance roundup
• Tax transparency in Latin America
• Feedback on HMRC manuals
• Legislation Day 2021
• Agent authorisations
• Tax conditionality
• HMRC guidance: 14 July 2021
• Money laundering: high-risk countries

Cases

• Fiander and another v HMRC
• R Poll v HMRC
• Zipvit Ltd v HMRC
• Other cases that caught our eye: 16 July 2021

One minute with

• One minute with... Rory Mullan QC