Issue 1644

Analysis

• Resetting the clock and the six-year itch: non-domiciliaries resuming UK tax residence
• New R&D scheme misses the point
• Capital allowances: a question of design?
• How to handle transfer pricing discovery assessments
• The illusion of choice: the CIS in the DRC
• Single supply and VAT exemption for financial services: insights from JPMorgan
• Tax on funding family offices
• Unlawful distributions: why knowledge matters

In brief

• Schemes for landlords: a potential remedy?
• Who owns goodwill?

News

• HMRC manual changes: 8 December 2023
• Tax burden on the rise for UK’s largest companies
• HMRC issues new IR35 guidance
• NIC bill progress
• Format for DIY builder’s scheme claims
• Update to VAT notice 700/12
• Full customs controls from 31 January 2024
• UK-New Zealand tax treaty dispute resolution arrangements published
• Money laundering high-risk list updated
• Majority of businesses accept indirect tax risk
• DST checks for one third of tech giants
• Phase two trial of the Wealthy Compliance Portal
• Pension Schemes Newsletter 154

Cases

• Atholl House Productions Ltd v HMRC
• Acorn Venture Ltd v HMRC
• Newcastle United Football Company Ltd v HMRC
• Other cases that caught our eye: 8 December 2023

One minute with

• One minute with... Alex Jupp

Trackers

• HMRC manual changes: 8 December 2023