Issue 1582

Analysis

• Invention is the mother of ‘necessity’: the Northern Ireland Protocol Bill
• Pillar two and the future of tax incentives
• Tax and the City review for July 2022
• The VAT review for July 2022
• Corporate tax in the UAE

In brief

• Power to obtain documents: ‘serious effort’ required
• A reminiscence from 2042
• HMRC criminal investigations: an update

News

• HMRC manual changes: 8 July 2022
• L-day set for 20 July
• New chancellor appointed
• NICs thresholds reminder
• Pension schemes newsletter 140
• Report commissioned into funding for tax devolution
• New guidance on remote observation of court cases
• Economic Crime: Registry of Overseas Entities
• HMRC updates PPT guidance
• Guidance on cancelling PPT registration
• Updated HMRC guidance for trustees
• ATT welcomes low-income estates proposals
• Transfers of dormant assets from pension schemes
• Accounts guidance for non-resident corporate landlords
• Capital allowances reforms must avoid a ‘one size fits all’ approach, says ATT
• HMRC consults on taxation of decentralised finance involving cryptoassets
• MTD for income tax consultation
• Treasury consults on narrowing scope of sovereign immunity

Cases

• Another case that caught our eye: 8 July 2022
• Medhurst v HMRC
• N Gradidge v HMRC
• Quayviews Ltd v HMRC
• Foundation Partners v HMRC
• One Call Insurance Services Ltd v HMRC

One minute with

• One minute with... Jemma Dick

Trackers

• HMRC manual changes: 8 July 2022