Issue 1731

Analysis

• Boulting: clarifying the purpose test in share buy-backs
• BPR/APR changes in relation to relevant property trusts: planning points
• From adversaries to agreement: can ADR unlock tax disputes around the world?
• Tax and the City review for November 2025
• From check-in to checkmate: Hotelbeds clarifies HMRC’s discretion to allow input tax recovery

In brief

• The new non-dom rules
• Meet in the middle: HMRC’s transfer pricing settlement policy

News

• HMRC manual changes: 14 November 2025
• Seven tax proposals for growth
• Fiscal drag and the additional rate of income tax
• Consult on partnership NICs, says APP
• HMRC change of policy: VAT on insurance intermediary services
• VAT DIY housebuilder refund claims
• CCA scheme draft regulations
• New FTT Practice Statement on applications for extension of time
• Economic crime levy refund anomaly corrected
• Pension Schemes Newsletter 174: October 2025
• HMRC launch new MTD newsletter

Cases

• Saunders v HMRC
• TSI Instruments Ltd v HMRC
• Ferrero UK Ltd v HMRC
• Uber London Ltd v HMRC
• Other cases that caught our eye: 14 November 2025

One minute with

• One minute with... Rob Durrant-Walker

Trackers

• HMRC manual changes: 14 November 2025