Issue 1554

Analysis

• The UK’s new qualifying asset holding company regime
• Tax and cryptocurrencies: why we need more than a nudge
• US roadblocks to the OECD deal
• Private client review for November 2021
• How can tax policy help us get to net zero?

In brief

• IR35: substitution versus personal service
• Collecting the HICBC: reversing Wilkes
• Tribunal pressures HMRC to speed up VAT refunds for DIY housebuilders

News

• HMRC manual changes: 19 November 2021
• COP26 concludes
• Shell to simplify share structure
• Long-term asset funds
• Global Forum on Transparency: Pacific Islands
• Country by country reporting directive
• Customs guidance roundup: 19 November 2021
• VAT repayments to overseas traders
• Statutory sick pay rebate scheme
• Taxation of covid support payments
• Freeport tax sites: capital allowances

Cases

• CHF Pip! plc v HMRC
• Fieldmuir Ltd (t/a Centurion Freight Services) v HMRC
• Cambridge University Boathouse Ltd v HMRC
• S De Silva v HMRC
• Other cases that caught our eye: 19 November 2021

One minute with

• One minute with... Katie Leah

Trackers

• HMRC manual changes: 19 November 2021