Issue 1612

Analysis

• Potholes in the road for business taxation
• Pillar Two and the GloBE rules
• VAT grouping: Norddeutsche, Finanzamt T and Prudential
• ChatGPT: crossing the Rubicon?
• Private client review for March 2023

In brief

• The Budget measure on childcare support
• Spring Budget 2023: because it's all about the base, about the base...

News

• HMRC manual changes: 24 March 2023
• Spring Budget impact: £54bn over next 5 years
• Scottish government consults on freeports tax relief
• Electronic delivery of P11D information made compulsory
• HMRC highlights EMI changes
• Single R&D scheme would ‘not necessarily be simple or fair for all smaller companies’, says CIOT and ATT
• Voluntary NICs deadline extended
• NICs: share fishermen rate increased
• Beneficial loans: average official rates updated
• Pensions Schemes Newsletter 148
• Mexico ratifies BEPS Multilateral Instrument
• Scotland: agent authorisation time limit removed
• Retained EU law revocation Bill
• Economic Crime Bill: further ‘failure to prevent’ offences proposed
• ISA changes from April 2023

Cases

• M Mitchell and another v HMRC
• Asset House Piccadilly Ltd v HMRC
• O Fanning v HMRC
• Other cases that caught our eye 23 March 2023

One minute with

• One minute with... Ian Shaw

Trackers

• HMRC manual changes: 24 March 2023