Tax News

In this podcast, Zoe Andrews and Tanja Velling are joined by Nele Dhondt to discuss the latest developments in tax State aid cases, focusing in particular on the decision of the Court of Justice in the Spanish financial goodwill case and the AG opinion in Fiat.

In this podcast, Zoe Andrews and Tanja Velling cover three highlights from the UK’s Tax Administration and Maintenance Day – proposed reforms of the taxation of securitisation and insurance-linked securities, the Government’s response to the OTS review of CGT, indicating that an alignment of CGT and income tax rates is not currently on the cards, but the Government is considering whether to allow...

In this podcast, Zoe Andrews and Tanja Velling provide an update on the OECD/G20 Inclusive Framework’s two-pillar solution to address the tax challenges arising from the digitalisation of the economy, highlighting potential stumbling blocks on the road to implementation and the joint statement from Austria, France, Italy, Spain, the UK and the US on the transition away from digital services taxes...

In this podcast, Zoe Andrews and Tanja Velling discuss the consultation response and draft legislation for the economic crime levy, the High Court decision in Almacantar on the application of estoppel by convention in the context of a notice of claim under a tax indemnity, and the First-tier Tribunal decisions in Shinelock on the interaction between the tax rules and net accounting and Marlborough...

In this podcast, Zoe Andrews and Tanja Velling discuss HMRC’s draft guidance in relation to the large business notification of uncertain tax treatment for which draft legislation was published on “L-Day”, and four recent cases: the Court of Appeal’s decision in Ingenious Games (a sequel to the Ingenious Films litigation); the Court of Session’s decision in the employment-related securities case Ve...

In this podcast, Nele Dhondt and Tanja Velling discuss the proposal for a new UK subsidy control regime (and its impact on tax) as well as the EU General Court’s decision in the Nike and Converse State aid case. The podcast also covers key points around the draft legislation for the large business notification of uncertain tax treatment published on 20 July, better known as “L-day”, and the latest...

In this podcast, Zoe Andrews and Tanja Velling discuss the First-tier Tribunal decision in West Burton Property Limited v HMRC concerning deferred revenue expenditure and the interaction between the accounting and tax computation rules. They also discuss the Supreme Court decision in the Haworth judicial review proceedings which confirms that the pre-conditions for the issuance of a follower notic...

In this podcast, Zoe Andrews and Tanja Velling discuss the Supreme Court decisions in Hurstwood Properties on the application of the Ramsay principle to business rates legislation and Tooth on discovery assessments, clarifying the meaning of “deliberate error” and dismissing the concept of staleness. They also consider two cases concerning tax covenant and warranty claims, Dodika before the Court...

In this podcast, Zoe Andrews and Tanja Velling provide an update on the progress of Finance Bill 2021, noting some of the Government amendments made during the Committee Stage. They also discuss two First-tier Tribunal and one High Court decisions. The First-tier Tribunal decisions are those in Euromoney on the application of the purpose test in section 137 of the Taxation of Chargeable Gains Act...

In this podcast, Zoe Andrews and Tanja Velling provide an overview of the UK Government’s announcements made on Tax Day, 23 March 2021, highlighting three measures that were shelved and three measures on which further information will be published in due course.   Five consultations are discussed in more detail: the call for evidence on the tax administration framework to support a 21st century ta...

In this podcast, Zoe Andrews and Tanja Velling discuss highlights from the UK Budget, including the planned increase of the headline corporation tax rate, the proposed review of tax administration practices, and the introduction of a more generous loss carry-back and enhanced capital allowances. The podcast provides an update on certain OECD and EU developments, including on the International Comp...

In this podcast, Zoe Andrews and Tanja Velling consider the evaluation of HMRC’s implementation of powers, obligations and safeguards introduced since 2012 which was published on 4 February 2021, the review of the UK’s funds regime including the consultation on the tax treatment of asset holding companies in alternative fund structures and the OECD’s updated guidance on tax treaties and the impact...

In this podcast, Zoe Andrews and Tanja Velling provide an update on tax aspects of the EU-UK Trade and Co-operation Agreement, OECD guidance on the transfer pricing implications of COVID-19, a House of Lords report giving short shrift to a number of Government proposals and plans to withdraw Revenue and Customs Brief 12/2020 on the VAT treatment of early termination fees and compensation payments....

In this podcast, Zoe Andrews and Tanja Velling look back over certain 2020 tax news highlights and forward at what 2021 may bring. The podcast covers international tax reform, and certain tax aspects of Brexit and relating to COVID-19. Zoe and Tanja also review three key cases decided in 2020, the Apple state aid case and two UK cases, Newey on VAT and abuse of law, and Fowler on deeming provision...

In this podcast, Zoe Andrews and Tanja Velling discuss the recent cases, including the First-tier Tribunal decision in Blackrock and the Court of Appeal decision in Total, some good news on VAT recovery and financial services and the draft legislation for Finance Bill 2021 which was published on 12 November 2020, also considering documents published alongside the draft legislation and what its pub...

In this podcast, Zoe Andrews and Tanja Velling discuss the OECD’s blueprints for international tax reform, points around customs, employee taxation and retained EU and domestic case law after the end of the transition period and the CJEU judgment in the United biscuits VAT case.

In this podcast, Zoe Andrews and Tanja Velling discuss rumours of UK tax rises, potential changes to the UK’s VAT grouping rules, HMRC’s new policy on the VAT treatment of early termination fees, and the decision in the Irish Bank case on tax treaty interpretation.

In this podcast, Zoe Andrews and Tanja Velling discuss the status of the OECD's work to address the tax challenges arising from the digitalisation of the economy, two recent High Court cases, HMRC’s ten year strategy and the proposal to modernise the UK’s stamp taxes on shares regime.

In this podcast, Zoe Andrews and Tanja Velling discuss the Chancellor's Summer Economic Statement and the latest developments in respect of DAC6 and international tax reform.