Issue 1543

Analysis

• The UK asset holding company regime: a quacking idea!
• Taxation of REITs: ringing in the changes
• International review for August 2021
• The public finances are on the mend, but the Treasury’s still worried
• International issues: mitigating controversy
• Tax on establishing a business in Australia
• The VAT review for August 2021

In brief

• HMRC's draft guidance on notification of uncertain tax treatments
• Litigation on an epic scale
• Gotcha! Tinkler and estoppel
• Sale and leaseback treated as a composite transaction for input VAT recovery purposes
• How to fund social care

News

• HMRC manual changes: 3 September 2021
• HMRC issues new financial institution notice factsheet
• SDLT seeding relief for investment schemes
• CIOT responds to business rate review
• Customs guidance roundup: 2 September 2021
• Togo joins BEPS and two-pillar plan
• Pension scheme administrator deadlines
• HMRC manual changes: 27 August 2021
• Basis period and MTD reform
• Scrutiny of tax settlements for large corporates
• Large businesses: notification of uncertain tax treatment
• Agent update: 25 August 2021
• Termination awards and sporting testimonials
• VAT treatment of Covid testing services
• Retail Export Scheme (Northern Ireland)
• Customs safety and security requirements
• Customs guidance roundup: 25 August 2021
• Late payment penalties and interest harmonisation
• Managing agent authorisations
• HMRC guidance: 25 August 2021
• Chancellor hints at date for Autumn Budget?
• Employer Bulletin: August 2021
• VAT partial exemption special methods
• Plastic packaging tax
• Customs guidance roundup
• Mutual administrative assistance in tax matters
• Barbados joins OECD’s two-pillar plan
• HMRC manual changes: 23 August 2021
• HMRC guidance: 18 August 2021
• HMRC manual changes: 16 August 2021
• NICs for overseas workers
• CIOT and Law Society challenge need for overhaul of the VAT land exemption
• USA tax treaty: agreement reached on 'equivalent beneficiary' status
• OECD transfer pricing country profiles
• OECD preferential tax regime reviews
• 75% decline in SDLT investigations in 2020/21
• HMRC manual changes: 6 August 2021
• HMRC’s FIC Unit disbanded
• HMRC’s OCW Unit secures increase in prison time for evaders
• HMRC fines DWP £87m
• HMRC business by telephone update
• SEISS fifth grant Directions
• Disguised remuneration loans
• NICs Bill 2021
• Registering a non-taxable trust
• VAT: option to tax
• Customs guidance roundup
• Digital platforms reporting rules
• Data supports international tax reform plans
• Scottish Parliament consultation
• HMRC guidance: 3 August 2021

Cases

• KSM Henryk Zeman Sp Z.o.o v HMRC
• Other cases that caught our eye: 3 September 2021
• Ingenious Games LLP and others v HMRC
• Tinkler v HMRC
• The Claimants in the Royal Mail Group Litigation and Royal Mail Group Ltd
• Dukeries Healthcare Ltd v Bay Trust International and others

One minute with

• One minute with... Nigel Beadsworth