Personal service company
Single or multiple supply?
Input tax on legal fees incurred in relation to a director
Validity of search and seizure warrants
Jeanette Zaman and Zoe Andrews (Slaughter and May) review recent developments affecting the City.
The European Commission has announced plans for the biggest reform of EU VAT rules in a quarter of a century, based around four fundamental principles, or ‘cornerstones’, of a new definitive single EU VAT to be introduced by 2022 and four ‘quick fixes’ to come into force by 2019.
The CIOT has made available a copy of detailed HMRC guidance for users of the new online trust registration service, launched in July 2017 (see http://bit.ly/2gbWFjE).
The government has set out the administrative arrangements between HMRC and National Savings and Investments (NS&I) over certain aspects of help-to-save accounts not covered specifically in regulations. These arrangements concern:
HMRC published its new Banking Manual (BKM) in October 2017, containing guidance on corporation tax issues around bank compensation payments, carried-forward losses and the banking surcharge (see http://bit.ly/2wNRfya).