Forms are now available on which to notify HMRC of the appointment of a reporting company to file a corporate interest restriction (CIR) return on behalf of a group. HMRC has also updated its main CIR guidance.
Gareth Miles and Orlaith Kane (Slaughter and May) assess the impact of an Upper Tribunal decision on the meaning of ‘control’.
HMRC, HMT and BEIS are consulting jointly until 1 June 2018 on how to define more clearly the employment status rules within the current three-tier system (employee, worker and self-employed), which the government, in its response to the Taylor review of modern working practices, agreed
Nine of the world’s biggest companies, with operations in more than 150 countries, together with The B Team, have set out a new set of Responsible Tax Principles, covering key areas such as tax management strategy, interactions with authorities, and reporting.
The Taxation of Securitisation Companies (Amendment) Regulations, SI 2018/143, make changes to clarify four specific areas of uncertainty relating to the tax treatment of securitisation companies, for periods of account beginning on or after 1 January 2018.
The changes:
Mike Lane and Zoe Andrews (Slaughter and May) take a look at recent developments affecting the City.
Tax Journal commentaries on the UK's 'deeply political tax'.