Authors: Clare Bouwer, Sahana Keshav

UK Tax News - Issue 4 (2023)

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

In this week’s edition we report on an employment tax case relating to whether a “gift” was earnings from employment, and a case in which the scope of privilege was considered. Internationally, the OECD has released some technical guidance on the GloBE (including dealing with debt releases and RT1) and HMRC has issued guidance on disclosure under the Mandatory Disclosure Rules.