Issue 1764

Analysis

• The new Securities Transfer Tax: business as usual?
• Home, a loan: the Court of Appeal’s ruling in Elborne
• Ready, set, trade: when does a trade begin and when does it matter?
• Grounds for concern: SDLT mixed-use filings
• OECD consultation on intra-group services: incremental change, persistent uncertainty
• Rethinking family business succession following the BPR changes
• TOMS: a narrower road after Bolt Services
• The cost of separation: the decision in A Oy

In brief

• Funding the business
• HMRC’s annual report for 2025/26
• The new duty to correct tax return errors
• The VAT treatment of prize draws

News

• GAAR Advisory Panel issues Opinions on IHT planning arrangements
• CIOT and ATT suggest priorities for new Financial Secretary
• Pillar Two top-up taxes returns: deadline reminder
• ATT cautions against ITSA ‘timely payment’ reforms
• HMRC expand guidance on VAT temporary reduced rate
• HMRC target prize draw operators
• Further CBAM regulations issued
• PM announces business rates cut
• HMRC report 13 live CCO investigations
• Overseas tax authorities increase requests to HMRC
• Jury unable to reach verdict in Venables KC tax fraud trial

Cases

• Ten cases shaping tax practice in 2026
• New cases this week: 31 July 2026

One minute with

• One minute with... Sean Drury

Trackers

• HMRC manual changes: 31 July 2026