Developments of interest this week are outlined.

• HMRC have updated their Statement of Practice on advance pricing agreements. The new version reiterates HMRC’s commitment to APAs, but clarifies some limitations
• The guidance which applies if you use labour supplied by a third party, or you supply or make arrangements to supply labour has been updated
• HMRC have published guidance on their serial tax avoidance rules
• HMRC have issued a compliance checks factsheet about the general anti-abuse rule and provisional counteraction notices
• A list of upcoming tax tribunal appeal hearings, including details of previous cases has been published
• An updated list of overseas corporate lenders who are recognised passport holders under the Double Taxation Treaty Passport Scheme register is available
• The guidance about reports intermediaries may have to send HMRC for agency workers where they don’t operate Pay As You Earn has been updated
• A tax information and impact note has been published which confirms that the 100% first year allowance for businesses purchasing low emission cars will be available for a further 3 years to 31 March 2021
• The guidance on COP8 has been updated. COP8 explains how the Fraud and Avoidance section of the Specialist Investigations directorate of HMRC carry out investigations
• Revenue and Customs Brief 16 (2016) which deals with the treatment of VAT incurred on assets that are used by the business prior to VAT registration has been published