Issue 1647

Analysis

• Tax clouds on the Horizon for the Post Office?
• US limited liability corporations: updated HMRC guidance
• On purpose: developments in the main purpose test
• Private client review for January 2024
• Characterising a single supply following the Court of Appeal’s decision in Gray & Farrar

In brief

• Bolt/Sonder and the VAT Tour Operators Margin Scheme
• Create ‘breathing space’ for s 455 charge

News

• HMRC manual changes: 19 January 2024
• HMRC waive penalties for Post Office branch managers
• Full expensing available to corporate partners
• Transfer pricing, PE and DPT consultation responses
• Tax simplification update
• New disclosure facility for R&D claims
• CIOT responds to CIS consultation
• Could tax failings leave Post Office insolvent?
• SDLT changes on the horizon?
• VAT relief for energy-saving materials extended
• Finance Bill progresses without amendment

Cases

• HMRC v Dolphin Drilling Ltd
• TP v Administration de l’enregistrement des domaines et de la TVA
• HMRC v The taxpayer
• Other cases that caught our eye: 19 January 2024

One minute with

• One minute with... Hayden Bailey

Trackers

• HMRC manual changes: 19 January 2024