Issue 1706

Analysis

• Tax Update Spring 2025
• Whistleblowing
• Closing in on promoters of marketed tax avoidance scheme
• Tariffs: a history of American protectionism
• Lifecycle of a transaction: transfer pricing considerations
• The VAT review for May 2025

In brief

• PE and the investment management exemption
• Changes to UK’s international tax regime
• Tribunal intervenes in SDLT case

News

• HMRC manual changes: 2 May 2025
• International tax rules back on the agenda
• Mandatory payrolling of BIKs delayed
• Update on LLP salaried member rules
• CIOT seeks clarification on double remittances
• HMRC clamp down on VAT grouping within the care industry
• Côte d’Ivoire is the 150th signatory to Multilateral Convention
• New Spotlight targets landlords and LLP liquidations
• PAC calls on HMRC to put customer first and ‘be ready to adopt AI’

Cases

• C Candy v HMRC
• G Quillan v HMRC
• L-L-O Contracting Ltd and others v HMRC
• Other cases that caught our eye: 2 May 2025

One minute with

• One minute with... Veronica McMahon

Trackers

• HMRC manual changes: 2 May 2025