Issue 1670

Analysis

• Misunderstanding purpose in Osmond and Allen
• HMRC’s guidance: what is it good for?
• Objects in the rear view mirror
• The VAT review for July 2024
• In conversation with... Steve Edge

In brief

• Why Labour might not raise CGT rates
• Majid: procedural missteps
• What is rectification and when will the FTT grant it?

News

• HMRC manual changes: 5 July 2024
• After the general election
• DST revenues up as Pillar One deadline expires
• SDLT first-time buyer thresholds
• Algeria signs BEPS Multilateral Instrument
• Frozen thresholds bring millions into income tax

Cases

• HMRC v Altrad Services Ltd and another
• UK Care No. 1 Ltd v HMRC
• J Wardle v HMRC
• Other cases that caught our eye: 5 July 2024

One minute with

• One minute with... Sara Morgan

Trackers

• HMRC manual changes: 5 July 2024