Issue 1672

Analysis

• The new Labour government: challenges and opportunities
• Hybrids and dual inclusion income: are we there yet?
• Scale to sale: tax considerations when selling a UK business
• Private client review for July 2024

In brief

• The tax-efficient payment of school fees
• Reliance on agreements with HMRC
• More on ‘grounds’ – and a procedural escape route?

News

• HMRC manual changes: 19 July 2024
• The King’s Speech: new Budget Responsibility Bill announced
• Land transaction tax main residence exception extended
• HMRC form P1000 published online
• New VAT tool and changes to VAT registration details
• HMRC bring together Pillar Two guidance
• Exchequer Secretary to oversee tax system
• Football clubs in tax arrears
• HMRC’s Employer Bulletin: July 2024

Cases

• Finanzamt T II v S
• J Woods v HMRC
• The Oaks (Gatley) Ltd v HMRC
• Other cases that caught our eye: 19 July 2024

One minute with

• One minute with... Sam Inkersole

Trackers

• HMRC manual changes: 19 July 2024