Authors: Clare Bouwer, Sahana Keshav

UK Tax News - Issue 18 (2022)

UK Tax News is a round-up of recent UK tax developments relevant to large businesses.

In this week’s edition we report on new consultations on retaining the exemption from the anti-hybrids rules for bank regulatory capital, and expanding the Investment Transactions List for the Investment Management Exemption to include certain types of cryptoassets. There have also been some interesting cases on whether a taxpayer was entitled to SDLT group relief on an intra-group back-to-back transfer of a lease, and the VAT treatment of certain advertising costs incurred by a sofa retailer.