Issue 1563

Analysis

• ‘Am I a shell?’ The new question facing EU entities
• Comment: Why we need a new disguised remuneration settlement opportunity
• Allam: a case full of interest
• Tax and the City review for February 2022
• Report: Giving evidence from overseas

In brief

• Basis period reform: further changes
• Miller’s tales: EOTs – policy and practice
• Drake: CGT on forfeited deposits

News

• Consultations begin on pillar one
• VAT: early termination and compensation payments
• Overclaimed covid grants: deadlines
• CIOT responds to R&D tax reliefs report
• Finance Bill moves to Lords
• CIOT responds to mandatory disclosure rules
• Stamp taxes on shares
• Late payment interest rates
• Welsh Tax Acts consultation: CIOT response
• Tax treatment of cryptoasset lending and staking using decentralised finance
• Call for evidence on an independent customs regime
• DOTAS guidance updated
• Rates and thresholds for employers
• HMRC’s latest ‘nudge’ letters to UK companies

Cases

• Urenco Chemplants Ltd and another v HMRC
• Jones Bros Ruthin (Civil Engineering) Co Ltd and another v HMRC
• Regency Factors plc v HMRC
• Other cases that caught our eye: 11 February 2022

One minute with

• One minute with... Lisa Wilson

Trackers

• HMRC manual changes: 11 February 2022