Issue 1724

Analysis

• Property taxation reimagined
• How to interpret double tax treaties
• International review for September 2025
• Arcomet Towercranes: the VAT consequence of transfer pricing adjustments
• Ask an expert: The BPR dilemma: IHT funding challenges for family-controlled businesses

In brief

• More on s 455
• What if HMRC win in Hotel la Tour?

News

• HMRC manual changes: 26 September 2025
• HMRC to restart direct recovery of tax debts
• Tax agents legislation misses the target, says ICAEW
• HMRC issue guidance on international employee earnings
• Reserved investor funds: new technical note
• Umbrella companies: new HMRC PAYE guidance
• Converting voluntary NICs paid when working abroad
• Tonnage tax payments in lieu of training increased
• Further changes to company register requirements
• New HMRC guidance for online platform operators
• Treasury launches Covid voluntary repayment scheme
• HMRC self-assessment reminders

Cases

• T Pawar v HMRC
• MBP Europe Ltd v HMRC
• Circleplane Ltd v HMRC
• Other cases that caught our eye: 26 September 2025

One minute with

• One minute with… Graham Muir

Trackers

• HMRC manual changes: 26 September 2025

Ask an expert

• Ask an expert: The BPR dilemma: IHT funding challenges for family-controlled businesses