Issue 1623

Analysis

• Schedule 36: a stitch in time
• The umbrella company consultation: tackling non-compliance
• Private client review for June 2023
• International aspects of demergers

In brief

• Price floor introduced for energy profits levy
• Carried interest: legal challenge to the UK tax treatment
• What a sham
• Pillar Two ordering

News

• HMRC manual changes: 16 June 2023
• Finance (No. 2) Bill: report stage
• Tax avoidance and the rule of law
• MTD programme ‘out of control’, says CIOT as NAO publishes critical report
• Self-assessment helpline closure warning
• CIOT raises concerns on cash basis for the self-employed
• Modernising digital income tax services requires support during any transition, says CIOT and ATT
• New energy profits levy mechanism to support investment
• Reserved investment fund scheme
• Deadline for voluntary NICs extended
• CIOT urges wider consultation on agricultural property relief
• HMRC update on VAT claims for digital publications
• Voluntary standard for customs intermediaries
• Plastic packaging tax: claims for tax credits
• Customs: goods moved to NI not destined for the EU
• Windsor Framework latest
• Uzbekistan joins BEPS Inclusive Framework
• Still time to reverse decision on OTS

Cases

• W Archer v HMRC
• Swiss Centre Ltd v HMRC
• T Suterwalla and another v HMRC
• Other cases that caught our eye 16 June 2023

One minute with

• One minute with... Anastasia Nourescu

Trackers

• HMRC manual changes: 16 June 2023