Issue 1528

Analysis

• The taxation of receivables finance transactions
• Conflicts in the tax code: two case studies
• Wellcome Trust and the reverse charge
• Stamp duty on insurance linked securities
• Private client review for April 2021

In brief

• Hoey: credit for PAYE tax not deducted
• Q-GmbH and the VAT insurance exemption
• Foundation Partners: a new concept in tax
• Want to pay more tax?

News

• HMRC manual changes: 23 April 2021
• Finance Bill 2021 changes passed
• Further CJRS Direction
• Agent update: issue 83
• VAT deferral scheme: penalties
• Customs guidance roundup
• Insufficient ‘value shifting’ shown to warrant wholesale VAT changes, says CIOT
• OECD report on digital platforms
• OECD tax dispute resolution peer reviews
• Finance Bill feedback
• OTS review of HMRC’s taxpayer guidance
• HMRC guidance: 21 April 2021

Cases

• S Hoey v HMRC
• M Group Holdings Ltd v HMRC
• Euromoney Institutional Investor plc v HMRC
• Other cases that caught our eye: 23 April 2021

One minute with

• One minute with... Nicholas Gardner