Issue 1673

Analysis

• ‘Golden bricks’: when does construction really begin for VAT purposes?
• International review for July 2024
• Tax risk insurance claims explained
• Divide and conquer: the partition demerger story
• Revisiting the boilerplate withholding tax clause via 1962 (and beyond)

In brief

• Lease extensions and the 3% surcharge
• What next for ISA fractional shares?
• HMRC service standards: where next?
• SDLT: residential or not?

News

• HMRC manual changes: 26 July 2024
• Government’s ‘fiscal lock’ is welcome but ‘rather theatrical’, says IFS
• EU Council reiterates concerns over UN framework
• OECD’s ICAP documents
• XST’s three priorities for HMRC
• Nudge letters to Persons of Significant Control
• Publication of UT decisions

Cases

• Centrica Overseas Holdings Ltd v HMRC
• HMRC v GE Financial Investments
• A Outram and another v HMRC
• Other cases that caught our eye: 26 July 2024

One minute with

• One minute with... Andrew Loan

Trackers

• HMRC manual changes: 26 July 2024