Issue 1655

Analysis

• HMRC’s new transfer pricing guidance on risk and reward
• What the Budget means for non-UK resident trusts
• Raising standards
• Tax and the City review for March 2024
• How to supercharge tax functions with Generative AI

In brief

• Preparing for the mandatory payrolling of benefits in kind
• Robot judges and the use of predictive justice in tax cases

News

• HMRC manual changes: 15 March 2024
• Simplifying the Construction Industry Scheme: landlord to tenant payments
• SME R&D scheme relaxations for NI companies
• R&D: overseas restrictions and contracting out
• Reporting requirements for salary advances
• Creative sector reliefs: information requirements
• Pensions: authorised surplus payment charge
• NICs Rate Reduction Bill published
• HMRC look beyond the remittance basis
• Tax exemption for new benefits
• Paternity leave changes finalised
• VAT thresholds increased
• VAT: notifying option to tax
• Review of the Money Laundering Regs

Cases

• G Haworth and others v HMRC
• B Niasse v HMRC
• WM Morrison Supermarkets plc v HMRC
• Other cases that caught our eye: 15 March 2024

One minute with

• One minute with... David Pett

Trackers

• HMRC manual changes: 15 March 2024