Issue 1632

Analysis

• Measuring Tax Gaps 2023: analysis and predictions
• Diverted profits tax reform: is this the end of the diversion?
• Private client review for September 2023
• What is a ‘capital’ stake in an LLP ?
• Is BLP history? The view from Hotel La Tour

In brief

• Interest and penalties
• Refinitiv and disclosure applications
• M Group Holdings and the SSE
• Tax, holes and digging
• Reader feedback: reforming the TMO

News

• HMRC manual changes: 15 September 2023
• Proposed data-gathering provisions too wide, says ATT
• HMRC launches overlap profits request form
• CIOT responds to umbrella company market proposals
• Tonnage tax training requirement regs
• Public service pension schemes remedy regs
• Wealth taxes debated
• Plastic packaging tax: expanded recycling capacity required
• EU adopts cross-border tax proposals
• European Commission proposes head office tax system for SMEs
• OECD tax report to G20
• Papua New Guinea and Romania join MLI
• HMRC ‘correcting’ returns to remove R&D claims

Cases

• Impact Contracting Solutions Limited v HMRC
• Scottish Power (SCPL) Ltd and others v HMRC
• R (oao London Fluid System Technologies Ltd and others) v HMRC
• Other cases that caught our eye: 15 September 2023

One minute with

• One minute with... Jesminara Rahman

Trackers

• HMRC manual changes: 15 September 2023