Podcast: Tax News: June 2024
22 min read
In this podcast, Zoe Andrews and Tanja Velling discuss the Upper Tribunal’s decisions in the remuneration trust case Marlborough DP and the VAT classification case Innovative Bites. In considering the latter, Zoe and Tanja also touch on a recent IMF paper with a design proposal for a progressive VAT system.
The podcast further covers the Court of Appeal’s judgment in Hotel La Tour on input tax recovery in respect of deal fees and the Upper Tribunal’s decision in Burlington Loan Management on the application of the purpose test in the UK/Ireland tax treaty and its impact on the secondary debt market.
The upcoming general election in the UK is mentioned only briefly to explain why it is unlikely that there will be a Budget before the middle of September.
This material is provided for general information only. It does not constitute legal or other professional advice.