EMEA Dbriefs - Understanding the evolving unallowable purpose landscape and its practical implications for organisations (On demand)

The UK unallowable purpose legislation (UAP) for financing is an area of increasing UK tax authority focus. Following three Court of Appeal judgments last year, which are now final and binding on the interpretation of UK law, HMRC has now updated its published guidance on UAP, reflecting these judgments. We will examine the evolving UAP landscape and its practical implications for businesses, covering the key learnings from these recent judgments and HMRC's updated guidance. We will provide insights into prevailing HMRC practices. what this will mean for your organisation? We’ll discuss:

• The impact of case law on the key pillars of the UAP legislation 
• Discussion of evidential expectations in an enquiry and the role of contemporaneous documentation 
• Common compliance challenges and HMRC's evolving approach to enquiries and litigation. 

Navigate this complex and uncertain landscape with confidence.