Issue 1559

Analysis

• Tax and the City review for January 2022
• Consultation on the UK’s new mandatory disclosure rules
• Back to basics: The GAAR
• REITs: relaxation of the listing condition
• Purpose and logic: Dunsby as a very modern tax case
• Allam: new light on the test for trading activities

In brief

• Self’s assessment: taking the heat out of rising energy costs
• Metropolitan International Schools: record decision
• Indirect effects: beware the inquisitive tribunal

News

• HMRC manual changes: 14 January 2022
• UK consults on implementation of pillar two
• BIAC raises pillar two concerns
• Covid support package for businesses
• VAT treatment of charging of electric vehicles
• HMRC releases 31 Dec exchange rates
• Customs guidance roundup: 14 January 2022
• Welsh Tax Acts consultation
• HMRC Stakeholder digests
• Finance Bill progress
• Automatic exchange: Tunisia
• HMRC Brexit guidance for EU businesses
• Making tax digital for VAT
• Stamp taxes: transfer schemes of arrangement
• Reintroduction of SSP rebate scheme
• Self-assessment penalties waived

Cases

• Thomson v HMRC
• TR Rogers and others v HMRC
• Hotel La Tour Ltd v HMRC
• Other cases that caught our eye 14 January 2022

One minute with

• One minute with... Patrick Wooddisse

Trackers

• HMRC manual changes: 14 January 2022