Issue 1695

Analysis

• A ‘significant’ change in approach? Reflections on the Court of Appeal’s decision in BlueCrest
• ScottishPower and the limits of von Glehn
• Introducing CenTax: a new tax research centre
• Map making
• The VAT review for February 2025

In brief

• Themes in UK corporate tax disputes for 2025 (and beyond)
• JVs and the top-up taxes: does HMRC’s draft guidance bring clarity?
• Reflections on the Budget fallout – three months on

News

• HMRC manual changes: 7 February 2025
• US ‘rejects very nature’ of UN tax talks
• HMRC consulting on MTT and DTT draft guidance
• HMRC data-collection powers
• Retained EU law: further changes
• CIOT urges Government to rethink IHT pensions proposals
• UK suspends Russia and Belarus Double Tax Treaties
• Finance Bill progress
• New nudge letter on ATED avoidance qualifying property business relief
• Basis period reform and late filing penalties
• Updated HMRC guidance on MTD

Cases

• M Ashley v HMRC
• AAA Oriental Ltd v HMRC
• Other cases that caught our eye: 7 February 2025

One minute with

• One minute with... Richard Vallat KC

Trackers

• HMRC manual changes: 7 February 2025