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Scottish government ministers have announced that the Scottish Budget will be presented to Parliament on 19 December 2023.

HMRC has published new basic guidelines on revised procedural requirements for tax agents claiming certain repayments of tax (in nominee capacity) from February 2024.

HMRC has launched a consultation on draft regulations which will introduce interest charges on the late payment of Electronic Sales Suppression penalties.

HM Treasury (HMT) has published the government’s response to its February 2023 consultation on a future financial services regulatory regime for cryptoassets. The government has confirmed its final proposals for cryptoasset regulation in the UK, including its intention to bring a number of cryptoasset activities into the regulatory perimeter for financial services for the first time. HMT has also published the government’s response to its consultation on managing the failure of systemic digital settlement asset (including stablecoin) firms by applying a modified Financial Market Infrastructure Special Administration Regime (FMI SAR) to such firms, and an update on the government’s policy concerning the regulation of fiat-backed stablecoins.

The CIOT has responded to the House of Lords Economic Affairs Finance Bill Sub-Committee call for evidence on four areas covered by the draft legislation for the next Finance Bill.

30 October 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

The Economic Crime and Corporate Transparency Act 2023 has received Royal Assent.

HMRC has published a new factsheet which provides information on the use of third party information notices for promoters of tax avoidance schemes (POTAS).

23 October 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

Nigel Huddleston, MP, Minister for International Trade, and HE Juan Carlos Mathews, Minister of Foreign Trade and Tourism of Peru, met in Lima on 13 October 2023 and agreed on the importance of completing negotiations for a tax treaty that would provide certainty for businesses and encourage economic investment and competitiveness.

The DAC8 directive was adopted by member states in the Council by unanimity.

16 October 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

The CIOT has made an Autumn Statement 2023 representation on Cryptoassets and their treatment for tax purposes.

10 October 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

HMRC have issued new guidance on how to claim an Economic Crime Levy refund.

This Order provides for relief from land and buildings transaction tax in designated Scottish green freeport tax sites.

Spotlight 63 highlights an avoidance scheme marketed to landlords which claims to bypass the restrictions on mortgage interest relief, reduce taxable profits from the property business and reduce CGT and IHT. HMRC is clear that the scheme is not effective.

A new Practice Direction requires documents to be submitted to the Upper Tribunal electronically via the Tribunal’s CE-File secure online portal.

HMRC’s latest Digest provides short updates on basis period reform, registering for VAT and recently announced service changes.

3 October 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors