Issue 1640

Analysis

• Revocation/reform of retained EU (VAT) law
• Benefits in kind: when are assets ‘made available’?
• School fee planning: back in the Spotlight
• Tax and the City review for November 2023
• M Group Holdings: time for a law change

In brief

• Penalties on misappropriations
• Fears for tiers: BCM Cayman LP
• Self's assessment: the Blissful state of VAT?

News

• HMRC manual changes: 10 November 2023
• HMRC rejects criticism of promoters offence
• Additional guidance on meaning of R&D for tax purposes
• ULEZ charges: tax relief for employees
• King’s speech
• OECD launches draft toolkit for mineral pricing
• Scottish Budget expected on 19 December 2023
• Register of overseas entities loophole closed
• ICAEW CPD changes from November 2023
• Guidelines for overseas evidence in Scottish tribunals
• Levelling-up and Regeneration Act 2023
• Businesses expect higher taxes after election
• New report proposes billionaire tax

Cases

• HMRC v Delinian Ltd (formerly Euromoney Institutional Investment plc)
• Gunfleet Sands Ltd v HMRC
• Vistry Homes Ltd and another v HMRC
• Other cases that caught our eye 10 November 2023

One minute with

• One minute with... Clara Boyd

Trackers

• HMRC manual changes: 10 November 2023