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BREXIT


Following his appearance at an oral evidence session of the Treasury committee on 23 May, HMRC’s chief executive, Jon Thompson, has confirmed HMRC’s cost estimates in a letter to the committee chair, Nicky Morgan.

Tim Sarson (KPMG) provides your monthly update on international tax.

Trade remedies are very much in the news. George Peretz QC (Monckton Chambers) assesses the government’s plans for a post-Brexit regime.
 
Mark Fell (Radcliffe Chambers) considers the basic building blocks of the customs classification of goods imported into the European Union.
 

The EU External Affairs Sub-Committee launches a new inquiry into future customs arrangements after Brexit.

Not so long ago we were promised a Brexit that would be red, white and blue, but it would appear that the true colours are green, yellow and white.

EU and UK negotiators this week agreed on a 21-month Brexit transition period. This means the UK would leave the EU VAT regime on 31 December 2020. The European Commission has published an updated draft of the withdrawal agreement, including agreement in principal on the terms of transition.

A strengthening global economy will help Britain to grow through the Brexit process, though the outlook is for only a modest upturn this year, as David Smith reports.
 
George Peretz QC (Monckton Chambers) explains why, even post-Brexit, the CJEU is likely to remain a highly relevant source of case law in the UK tax world for the indefinite future.
 
Ashley Greenbank and Penny Van den Brande (Macfarlanes) consider some of the more detailed implications for corporate groups. 
 
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