Insights

Weekly tax update 6 March 2018

  • Written By: Geoff Everett, Andrew Wilkes
  • Published: Tue, 06 Mar 2018 16:44 GMT

In this week's tax update:

General

  • Digital currencies inquiry launched
  • HMRC update Code of Practice 8

PAYE and employment

  • GAAR Panel ruling on multiple tripartite arrangements
  • HMRC formalises its agreements over the length of time an EMI valuation can last
  • New rules for termination payments – HMRC clarification

Business tax

  • New EU corporate tax plan approved in committee
  • Updated guidance on corporate interest restriction (CIR)
  • Research and development tax relief for SMEs
  • EU mulls new corporate tax plan for digital multinationals
  • Land Transaction Tax to be introduced in Wales

VAT

  • Interest payments for overpaid VAT must not be restricted

DISCLAIMER
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of publication.

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