Issue 1758

Analysis

• Queenscourt: a dip in legal certainty
• The tax gap and the limits of compliance
• Disregarding SRT days: common sense prevails in Parker
• Private client review for June 2026

In brief

• Foreign PE exemption becoming mandatory
• Solving the LLC double taxation problem
• AI in R&D advisory: seven control points

News

• HMRC consult on taxation of UK-resident members of LLCs and other ‘reverse hybrids’
• HMRC phase in mandatory payrolling of benefits from April 2027
• ATED pre-return banding checks
• Coding out winter fuel payment charge
• Pensions advisers urge rethink on IHT
• Pension tax relief errors could affect top-up payments, warns LITRG
• Pension scheme surplus payments consultation
• Consultation on pension protections after GMP conversion
• ICTS consultation
• New UK-New Zealand DTC published
• HMRC focusing on corporate residence
• Multi-factor authentication for agents goes live
• Complaints about HMRC delays and errors rise 66%
• IHT enquiries reach six-year high
• AML changes

Cases

• HMRC v Bolt Services UK Ltd
• Barclays Bank plc v HMRC
• HMRC v GCH Corporation Ltd and others
• Barclays Services Corporation and another v HMRC
• Other cases that caught our eye: 19 June 2026

One minute with

• One minute with... Martin Muhleder

Trackers

• HMRC manual changes: 19 June 2026