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In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

HMRC has updated 'VAT Notice 704: Retail Export Scheme (Northern Ireland)' to clarify the treatment of goods moving from Northern Ireland to Great Britain where a claim has been made under the VAT retail export scheme.

HMRC has updated its import, export and customs guidance to reflect the post Brexit regime. The update covers the period from 16 August 2021 to 23 August 2021.

The Chartered Institute of Taxation (CIOT) has reported a problem with HMRC’s software that is causing incorrect SEISS figures to be included in the self-assessment tax return.

Following consultation, the government is introducing new rules on the requirement for large businesses to notify HMRC when they take an uncertain tax position. HMRC has published new guidance on the rules which have been laid out in Draft Finance Bill 2022.

HMRC has published Agent Update issue 87 (August 2021) providing a round-up of recent developments for tax agents and advisers.

The CIOT, ATT and other professional bodies have urged the UK government to reconsider the timetable for basis period reform alongside other changes in the move towards a digital tax system.

HMRC has updated its guidance on how to change or remove authorisation online, by phone or in writing with further information for tax agents on telling HMRC about changes to their agent services account and some services within their HMRC online services for agents account.

HMRC has updated the requirements on S&S for imports and exports that apply to all movements out of Great Britain, unless the goods are covered under the temporary waiver or are going to Northern Ireland.

HMRC has published its managing pension schemes service newsletter for August 2021. The newsletter is designed to update stakeholders on the latest news for pension schemes.

HMRC has updated Notice 706 with details on the use of Partial Exemption Special Method (PESM) to recover input tax on goods or services that businesses supply.

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

16 August 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has released its Stamp Taxes Newsletter for August 2021.

HMRC has updated its import, export and customs guidance to reflect the post Brexit regime. The update covers the period from 9 August 2021 to 16 August 2021.

Barbados has joined the two-pillar plan to reform the international taxation rules to ensure that multinational enterprises pay a fair share of tax wherever they operate.

Maldives, Papua New Guinea and Rwanda have signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Organisation for Economic Co-operation and Development ((OECD’s)) treaty for international tax co-operation and exchange of information), bringing the total number of jurisdictions that participate in the Convention to 144.

HMRC has updated its guidance on Plastic Packaging Tax, expanding the section on liability to the tax for businesses which perform the ‘last substantial modification’ of a plastic packaging component before the packing or filling process.

HMRC has published its bi-monthly magazine providing the latest information on payroll-related topics for employers and agents.

HMRC has updated the employee notification section in its guidance on payrolling employee benefits and expenses.