One of the more striking recommendations of the BEIS inquiry into Corporate Governance published earlier this year was the suggestion that Companies should no longer adopt LTIPs and should consider replacing those which exist.

The First Tier Tribunal case of HMRC v Root 2 Tax Limited offers an insight into the approach of the Courts and HMRC to the operation of the rules relating to notifications under the Disclosure of Tax Avoidance Schemes or DOTAS rules.

HMRC have issued a commentary in their Spotlight series commenting on the impact of the decision in the Rangers case.