In this Month’s Roundtable the work of TALC’s Sub-Committee on Simplification and Modernisation of Business Reliefs features with its goal to improve the administration of such reliefs, as do suggestions on the policy side, and specifically around tax relief for interest. The High Court’s decision on TAC’s determination in the VAT dispute between The Revenue Commissioners and Covidien is analysed, as it the first detailed guidance from Revenue on BEPS Pillar Two. Changes to two tax reliefs, namely the EIIS Scheme and retirement relief on the transfers of a family business, also feature with changes to the latter relief potentially creating large capital gains tax liabilities once they come into effect from 1st January next.