Issue 1605

Analysis

• The corporation tax increase is approaching: rate changes from 1 April 2023
• Suitable investments for remittance basis users
• The VAT review for February 2023
• Capital allowances, buildings and a drafting error: uncertainty remains for Urenco

In brief

• Reform to the UK investment manager exemption
• Could healthy snack bars be about to change the VAT rules for food?
• Section 75A: learning from Ridgway

News

• HMRC manual changes: 3 February 2023
• Lords calls for R&D advance notifications to be dropped
• VAT threshold putting a brake on business
• HMRC reports on use of FINs
• Live corporate criminal offences investigations
• Economic Crime and Corporate Transparency Bill
• Tax cuts not a priority, says chancellor
• CIOT Budget representations on share gains
• Welsh business rates multiplier frozen again
• VAT second-hand motor scheme for Northern Ireland
• Movements of excise goods: Northern Ireland
• ‘Meaningful simplification’ needed on Amount B, says CIOT
• DST consultation comments published
• OECD updates tax dispute resolution frameworks
• Scottish government faces ‘stark funding challenges’ over the next five years, says IFS
• HMRC Stakeholder Digest: 26 January 2023

Cases

• Gain Capital Ltd v HMRC
• S & L Barnes Ltd v HMRC
• Ince Gordon Dadds LLP v HMRC
• Other cases that caught our eye: 2 February 2023

One minute with

• One minute with... Liz Wilson

Trackers

• HMRC manual changes: 3 February 2023