Issue 1688

Analysis

• Cards face up? HMRC’s approach to the duty of candour
• The Supreme Court’s ruling in Cobalt Data Centre: golden opportunity lost
• New anti-avoidance legislation: the liquidation of LLPs
• Lessons on SDLT overpayment relief from BTR Core Fund JPUT
• Tax on the build-to-rent and student accommodation sectors
• International review for November 2024

In brief

• Refinitiv: not so clear cut
• The complexities of APR and IHT for family farms

News

• HMRC manual changes: 29 November 2024
• EOT tax relief too narrow, suggests CIOT
• Tax reliefs confirmed for special tax sites in Wales
• Updated advisory fuel rates published
• IHT should apply equally across all assets, says IFS
• Scottish aggregates tax on the horizon
• HMRC issue new UK Pillar Two guidance
• Jersey consults on tax transparency and cryptoassets
• HMRC revise interest rates
• Agent Update: Issue 125
• Managed service companies in the spotlight

Cases

• R (oao Cobalt Data Centre 2 LLP and another) v HMRC
• The Tower One St George Wharf Ltd v HMRC
• HMRC v The Taxpayer and others

One minute with

• One minute with... Jo Bateson

Trackers

• HMRC manual changes: 29 November 2024