Issue 1653

Analysis

• Leave means leave, or does it?
• UK VAT model: stay traditional or go modern?
• What non-VAT practitioners ought to know about VAT
• Green and pleasant land? VAT and Natural Capital
• VAT on residential property development: a case study
• Great expectations? VAT and legitimate expectation
• The VAT review for March 2024

In brief

• Spring Budget predictions
• The capital allowances technical consultation

News

• HMRC manual changes: 1 March 2024
• MTD for ITSA start date confirmed
• CIOT responds on IR35 offsetting
• Exemptions for compensation payments
• New advisory fuel rates published
• Tax credits: new income disregards
• Scottish landfill tax rates
• EU updates non-cooperative tax jurisdiction list
• Finance Act 2024 receives royal assent
• IFS urges Chancellor to resist tax cuts
• PAC blasts HMRC service levels
• Agent update: issue 117

Cases

• HMRC v IPS Progression Ltd
• Monmore Properties Ltd v HMRC
• S Thompson v HMRC
• Other cases that caught our eye: 1 March 2024

One minute with

• One minute with... Etienne Wong

Trackers

• HMRC manual changes: 1 March 2024