Centrica Energy Storage Ltd v HMRC
On 10th April the First-tier FTT (FTT) published its decision in Centrica Energy Storage Ltd v HMRC UK 566 (TC) in relation to the ring fence treatment of intra-group operating/service
May 5, 2026
On 10th April the First-tier FTT (FTT) published its decision in Centrica Energy Storage Ltd v HMRC UK 566 (TC) in relation to the ring fence treatment of intra-group operating/service
Summary: This case considers the precise scope of the transfer of trade rules in Part 22 Corporation Taxes Act 2010,
The Supreme Court delivered their judgement in the Orsted West of Duddon Sands (UK) Limited case, previously known as Gunfleet
The Finance Act 2026 introduces a new exemption from the requirement to apply the transfer pricing rules to qualifying UK-UK
The current UTT regime was introduced from 1 April 2022 (Schedule 17 Finance Act 2022) requiring large businesses to notify
The Chancellor delivered the Budget today. No changes were announced to the rates of ring fence corporation tax, supplementary charge
We are delighted to announce that Tommy McKnight will be joining CW Energy at the beginning of September as Senior
The Court of Appeal decision on the “Gunfleet Sands” capital allowance case has recently been published. The Gunfleet Sands case
The Third reading of the Finance Bill 2024/25 was held on 3 March 2025. The bill has now passed to
In July 2023, we published a newsletter on the Court of Appeal (‘CA’) decision that considered whether an oil and