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BREXIT


Brussels is threatening the UK with court action over ‘illegal’ tax breaks. Andrew Parkes (Milestone International Tax Partners) explains.
 

Long-concealed contradictions are finally being revealed.

The European Commission and the UK have published a joint statement outlining the progress that has been achieved on the terms of the draft Withdrawal Agreement since the version that was published on 19 March 2018.

Among the new areas of agreement are:

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.

Martin Shah and Gary Barnett (Simmons & Simmons) review the latest VAT developments that matter.
 

Lode Van Den Hende (Herbert Smith Freehills) considers the UK government’s recently published papers setting out its proposals for UK/EU customs relations post-Brexit.

Ashley Greenbank and Penny Van den Brande (Macfarlanes) consider some of the more detailed implications for corporate groups. 
 
Since the election, uncertainty now surrounds the direction of UK tax policy. Ashley Greenbank (Macfarlanes) makes some tentative predictions as to what the next five years might bring.
 
The Supreme Court has held that a customer overcharged VAT by a supplier will not, generally, have a restitutionary right to recover that overcharged VAT from HMRC. Nick Skerrett and Gary Barnett (Simmons & Simmons) analyse the decision.
 

Haven our cake and eating it.

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