1   General news

  • Spring Budget 2017 date confirmed as 8 March 2017
  • Ireland's position in the dispute with the EC over tax on Apple
  • New fiscal framework agreed for Wales
  • Penalties for enablers of offshore tax evasion and non-compliance
  • OTS letters to the Chancellor and Financial Secretary to the Treasury

2    Private client

  • ATED rates
  • Calculating foreign gains and level of Liechtenstein Disclosure Facility penalty

3   Trust, estates and IHT

  • Exit charges on migration of trusts

4    PAYE and employment

  • Sporting testimonials and disguised remuneration

5   Business tax

  • Bank Levy double tax relief regulations
  • Loan relationship and derivative contract change of accounting practice rules
  • Updated guidance on BEPS action 4
  • BT Pension fund's entitlement to tax credits on foreign dividends

6   VAT

  • Whether commission on vouchers was VAT exempt
  • EU VAT consultations
  • HMRC's discretion of evidence required for input VAT recovery
  • VAT status of supplies of roof insulation
  • Default surcharge notice not properly served
  • CJEU opinion on whether restaurant or theatre services closely related to education
  • EC VAT committee working paper on the implications of the CJEU Skandia decision
  • Partial exemption calculation methods

7   And finally

Read this week's Tax update

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.