Issue 1666

Analysis

• Pillar Two: assessing the impact on the UK FTSE 100
• Back to basics: Sale of assets at under value
• What is the UK tax treatment of Dubai (DIFC) Foundations?
• The VAT review for June 2024

In brief

• Where will HMRC focus next?
• Third party disclosure in the tax tribunal
• When a non-UK resident company purchases its own shares

News

• HMRC manual changes: 7 June 2024
• Triple-lock plus for pensioners?
• Information requests with foreign tax authorities are highest in seven years
• Finance Act published
• ‘Overly generous’ pensions tax relief should be reformed, says IFS
• SDLT relief for multiple dwellings
• Museums and galleries VAT refund list updated
• VAT registration: change in timelines
• Customs guidance roundup
• Inclusive Framework on BEPS nearing completion
• EC to evaluate ATAD
• Filing deadline for US taxpayers living overseas
• Fiji and Moldova join Inclusive Framework
• HMRC’s online expectations are unrealistic, says CIOT
• CIOT and ICAEW support mandatory professional body membership
• Millions in taxes missed in football transfers, says CIOT
• Departing from EU case law after Brexit
• BADR nudge letters
• Reasons for tribunal decisions
• Pensions schemes latest newsletter

Cases

• MWL International Ltd and another v HMRC
• Silverdoor Ltd v HMRC
• Other cases that caught our eye: 7 June 2024

One minute with

• One minute with… Julian Feiner

Trackers

• HMRC manual changes: 7 June 2024