Issue 1657

Analysis

• The non-doms reforms: a practitioner view
• Mind the gap! Extension of the Transfer of Assets Abroad legislation post-Fisher
• Salaried LLP members: where are we now?
• The VAT review for April 2024
• Contentious tax quarterly: Spring 2024 review
• Arguments before the Court of Appeal in BlackRock: is ‘just and reasonable’ a second bite of the cherry?
• Are trusts an appropriate vehicle to hold shares in a family business?

In brief

• Battle of the allowances
• The UK CBAM consultation
• New combined R&D Expenditure Credit rules: why should the US get the credit?

News

• Harra defends loan charge strategy
• Consultation on enhanced AVEC
• HMRC consults on RIF rules
• Oil and gas allowances updated
• Eclipse film scheme settled
• New guidance on full expensing
• R&D: updated guidance on overseas rules and contracted-out R&D
• LBTT Additional Dwelling Supplement changes
• NICs (Reduction in Rates) Act 2024
• Qualifying care relief increased
• Public Service pension schemes
• Check your tax code, says LITRG
• Museum and galleries VAT refund scheme
• New Zealand enacts Pillar Two rules
• MTD requirements formally delayed to 2026
• Penalties brought into force for MTD volunteers
• Agent Update 118
• Minor company law changes
• New financial penalty power for Registrar
• HMRC manual changes: 5 April 2024

Cases

• The Prudential Assurance Company Ltd v HMRC
• Barclays Bank plc v HMRC
• A Beard v HMRC
• Investment and Securities Trust Ltd v HMRC
• J Harjono and another v HMRC
• Other cases that caught our eye: 5 April 2024

One minute with

• One minute with... Steven Porter

Trackers

• HMRC manual changes: 5 April 2024