Issue 1576

Analysis

• ATAD 3: what are the consequences of being a shell?
• Private client review for May 2022
• Ask an expert: VAT on remedial cladding works
• R&D claims: the triggers for an enquiry
• Is the UK losing its shine as a destination for the UHNW community?

In brief

• FTT hearings: giving evidence from overseas
• Wakelyn: more on CGT enhancement expenditure

News

• HMRC manual changes: 20 May 2022
• EC proposals to tackle debt-equity bias
• Approved methods for CIR returns
• EU to phase out covid state aid temporary framework
• UK to amend the Northern Ireland protocol
• Welsh freeports agreed in principle
• Government response on HMRC’s management of tax debt
• HMRC Stakeholder Digest
• Human Rights Act and DOTAS penalties
• Senegal ratifies BEPS multilateral instrument
• UK-Ukraine double taxation convention update
• Northern Ireland: valuing goods for import VAT
• Single DIY claim
• Tax exemption for social security payments
• Share sale proceeds discrepancies on returns
• DOTAS for NICs arrangements extended

Cases

• Other cases that caught our eye: 20 May 2022
• Zipvit v HMRC
• Wroe and others v HMRC
• CIA insurance Services Ltd v HMRC

One minute with

• One minute with... Matthew Shayle

Trackers

• HMRC manual changes: 20 May 2022