As 2026 passes its halfway point, we take stock of a busy year in the courts. From decisions on partnership tax and treaty abuse to VAT, inheritance tax planning to employment status, here is our pick of ten key cases shaping tax practice this year....
HMRC are seeking views on draft legislation to set the annual cash ISA subscription limit for investors below the age of 65 at £12,000 from 6 April 2027. For investors aged 65 or over, the annual cash ISA limit will remain at £20,000. The draft...
Dr Michael Taylor (PwC) explains how the Court of Appeal’s Bolt Services decision narrows the scope of the Tour Operators’ Margin Scheme.
Caroline Inker and James Morgan (Kirkland & Ellis) consider whether the ruling in A Oy could undermine the assumed VAT neutrality of securitisation structures.
Legal advice privilege (LAP) remains a vital right for taxpayers, but its boundaries are far from settled. Jason Collins and Lauren Redhead (DLA Piper) examine LAP in a tax context, including the recent decision in Aabar v Glencore...
The GAAR Advisory Panel has published Opinions on two sets of IHT planning arrangements based around gifts of shares to employee trusts. The first involved shares in a family investment company. Shortly before death, the deceased, who was the...
In this month’s update, Tim Sarson (KPMG) tracks the EU Tax Omnibus and DAC recast proposals, Dutch Box 3 reform and digital services tax debate, noting the political barriers to implementation....
Prime Minister Andy Burnham has announced a 20% cut in business rates for pubs, clubs and live music venues in England from 2027/28. The reduction will not be available for the largest live music venues. Although not expressly stated, the wording of...
HMRC are seeking views on draft regulations that would update various definitions used in FA 2011 Sch 19 and the Bank Levy (Loss Absorbing Instruments) Regulations, SI 2020/1188, so that they align with corresponding rules in the recently updated...
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