Issue 1584

Analysis

• Significantly influential: the BlueCrest salaried members appeal
• Evolving technologies: VAT, cryptoassets and the metaverse
• 20 questions on the plastic packaging tax
• Johnson and Johnson: careless despite white space disclosure
• Ask an expert: UK company preparing for a Nasdaq listing

In brief

• Taxpayer wins Ramsay appeal on disclosed avoidance scheme
• EU consults on tackling the role of enablers
• Denning: valuation of trade-related properties

News

• HMRC manual changes: 22 July 2022
• Draft legislation for Finance Bill 2023 published
• EMI share valuation period to revert to 90 days
• Energy (Oil and Gas) Profits Levy Act 2022 receives Royal Assent
• FCA issues £2m fine for cum-ex trading
• CIOT welcomes low-income trust proposals
• Second-hand motor vehicle export refund scheme delayed
• HMRC issues plastic packaging tax returns reminder
• Call for evidence on cryptoassets industry
• Money laundering: Gibraltar added to high-risk list
• HMRC collects record £731bn of tax
• HMRC revises down covid fraud estimates
• HMRC responds to criticism over service levels
• CFO survey reveals recession concerns
• UK debt spike of no immediate concern, says IFS
• Calls for net zero tax review
• Tax convention with Chile updated for MLI
• Import duties: simplified transfer of residence declarations

Cases

• Altrad Services Ltd and another v HMRC
• HMRC v Netbusters (UK) Ltd
• M Jenner v HMRC
• Other cases that caught our eye: 22 July 2022

One minute with

• One minute with... Susan Ball

Trackers

• HMRC manual changes: 22 July 2022

Ask an expert

• Ask an expert: UK company preparing for a Nasdaq listing