TAX POLICY ADMINISTRATION

HMRC has published the following:

Our pick of this week's cases In F Henderson and others v HMRC [2017] UKFTT 556 (18 July 2017), the FTT found that the grandfather of the taxpayers had not acquired a domicile of choice in Brazil (thus relinquishing his UK domicile) so that they were...

BPR and holiday cottages

Withholding tax on restitution interest

Central management and control

Inaccuracy in a return

The government intends to publish a second 2017 Finance Bill ‘as soon as possible’ after the summer parliamentary recess. The Bill will contain the provisions withdrawn from the previous Finance Bill before the general election.

Multinational consumer goods company Reckitt Benckiser Group plc has refuted accusations of tax avoidance made against it in a recent report by Oxfam. However, to prove its tax-transparent credentials, it will consult with Oxfam prior to publishing its UK tax strategy document in December.

Following publication of the FCA’s guidance on ‘The treatment of politically exposed persons for anti-money laundering purposes’ on 11 July (see http://bit.ly/2vyahYx), HMRC has updated its four sets of money laundering supervision guidance, covering e