Authors: Clare Bouwer, Sahana Keshav

UK Tax News - Issue 38 (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 the Edinburgh Reforms to financial services, which include a consultation on the VAT treatment of fund management services, an expansion of the IME to include cryptoassets and changes to the REIT rules. There have been some interesting cases, including a CJEU decision on DAC6 notification obligations infringing legal professional privilege. We also cover HMRC’s Banking Code of Practice report and the latest OECD Pillar One consultation.