Issue 1754

Analysis

• When Homer nods: the rise of the Inco principle in tax
• Spare us the cUTTer
• Company tax return standardisation: clarity or challenge?
• Trustees IHT exposure from 6 April 2025

In brief

• The £100,000 tax trap
• Situs: loan notes

News

• HMRC launch advance assurance schemes for SME R&D claims
• HMRC consult on IHT on pensions regulations
• Calls for CGT simplification and clearer IHT rules for stablecoins
• Payments to landowners for ecosystem services
• Government consults on the High Value Council Tax Surcharge
• New building safety levy in Scotland
• CIOT raises data and timing concerns over Land Remediation Relief
• Consultation on mechanically recycled plastic packaging
• UK-Ukraine tax treaty updated
• Mandatory registration of tax advisers: updated guidance
• Tribunal costs rules consultation

Cases

• HC-One No 1 Ltd v HMRC
• Take 3.9 TV Partnership and others v HMRC
• J Herrmann v HMRC
• Other cases that caught our eye: 22 May 2026

One minute with

• One minute with... Carmel Moore

Trackers

• Consultation tracker
• Case watch
• Tax watch: 22 May 2026