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HMRC has published new guidance on the

The OECD has received public comments the Implementation Framework of the global minimum tax consultation that it launched. The public consultation meeting will be held virtually on 25 April 2022.

Under BEPS Action 14, jurisdictions have committed to implement a minimum standard to improve the resolution of tax-related disputes between jurisdictions. Stage 2 peer review monitoring reports have been released for Andorra, Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Faroe Islands, Macau (China), Morocco and Tunisia.

The Advisory Group for Global Dialogue on Tax Matters (the Advisory Group) held the first meeting under its new mandate on 8 April 2022. The updated mandate reflects the developments in international tax co-operation along with the Advisory Group鈥檚 concurrent evolution over the past decade.

HMRC has published the Chargeable gains for companies toolkit for 2021-22.

The Department for Business, Energy & Industrial Strategy (BEIS), in partnership with HM Treasury and HMRC sought views on the introduction of a UK re-domiciliation regime, which would make it possible for foreign-incorporated companies to re-domicile and therefore easier to relocate to the UK. The consultation closed on 7 January 2022. BEIS has now published a summary of the responses received.

The Government of Jersey has published a policy paper setting out its reflections on the Organisation for Economic Co-operation and Development's (OECD) two-pillar initiative which seeks to address the tax challenges arising from the increasing digitalisation of the economy. The paper includes a study of the issues presented by Pillars One and Two and Jersey鈥檚 approach towards implementation. The paper also sets out the factors that will be considered when determining the approach to the GloBE (Global Anti-Base Erosion) rules. Feedback is invited from stakeholders which should be submitted by 30 June 2022.

The CIOT has published a response to OECD鈥檚 consultation on implementation framework of the global minimum tax.

These Regulations ensure that households will not lose council tax discounts or exemptions as a consequence of hosting a sponsored individual or family under the Homes for Ukraine scheme which was announced to Parliament on 14 March 2022.

11 April 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has updated its guidance to explain how repayment and late-payment interest rates are set.

The UK-Sweden Double Tax Convention has been republished, incorporating the new principal purpose test agreed in 2021. The revised UK-Taiwan Double Tax Agreement incorporates various changes dealing with anti-avoidance, including dispute resolution and also introduced a principal purpose test.

HMRC has issued new guidance regarding the information it may publish on tax avoidance schemes, promoters, enablers and suppliers of these schemes. This includes a 鈥榗urrent list鈥� of named tax avoidance schemes, promoters, enablers and suppliers.

The European Commission has launched a public consultation aimed at improving withholding tax refund/relief procedures鈥�(under double tax treaties or national rules) for cross-border payments received by non-resident investors. The initiative aims to provide Member States with information to prevent tax abuse in the field of withholding taxes and, at the same time, accommodate swift and efficient processing of requests for refunds and/or relief at source procedures of the excess taxes withheld. The Commission is inviting the public and stakeholders to express their views on the problems at stake as well as on possible measures and their potential impacts. The consultation closes on 26 June 2022.

The OECD Forum on Tax Administration and with eight key partner organisations have launched the first phase of a new global Inventory of Tax Technology Initiatives (ITTI) which contains information on the use of leading technology tools and digitalisation solutions.

The Chartered Institute of Taxation (CIOT) has responded to HM Treasury and HMRC鈥檚 OECD Pillar 2 consultation on implementation.

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS to implement the Two-Pillar Solution to address the Tax Challenges Arising from the Digitalisation of the Economy, the OECD is seeking public comments on Draft Rules for Domestic Legislation on Scope under Amount A of Pillar One.

HMRC has updated its guidance on claiming extended loss carry-back claims for companies.

4 April 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has updated a page in its Uncertain Tax Treatment by Large Businesses manual by giving the force of law to updated guidance that details the content of a notification. New guidance has also been published on notifying HMRC about an uncertain amount of corporation tax, income tax (including PAYE) or VAT.