Issue 1742

Analysis

• Mandatory agent registration: what we know so far
• Deductions after AD Bly: a shortcut for remuneration or pension provision?
• Private client review for February 2026
• Back to square one: late appeals after Medpro
• Alimahomed: the Upper Tribunal gives ‘remittance’ a real world interpretation
• Transfer pricing adjustments and VAT: a matter of faith?

In brief

• Crypto things
• Tax efficient trust planning with surplus income

News

• Mandatory agent registration: HMRC issue operational guidance
• LTT regulations issued
• HMRC publishes updated MLI versions of tax treaties
• Changes to EU list of non-cooperative jurisdictions
• New EU duty for small parcels
• ATT raises concerns over digital contact detail penalties
• HMRC extends MTD exemption application process

Cases

• MWL International Ltd
• Other cases that caught our eye: 20 February 2026

One minute with

• One minute with... Rebecca Murray

Trackers

• HMRC manual changes: 20 February 2026