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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

The CIOT has responded to the Treasury consultation: ‘Reforming anti-money laundering and counter-terrorism financing supervision’.

HMRC has issued a new toolkit intended to help advisers consider whether clients who have used the remittance basis have made taxable remittances.

The draft legislation has been amended to include safe harbours and other features of the OECD’s latest administrative guidance.

The CIOT has responded to HMRC’s consultation: ‘Taxation of Employee Ownership Trusts and Employee Benefit Trusts’.

Eswatini has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the BEPS Multilateral Instrument). Armenia and Côte d'Ivoire have also deposited their instruments of ratification.

The Government has announced that the War Widow (er)s Recognition payment of £87,500 will be exempt from income tax and National Insurance Contributions

The OECD has published the latest outcomes of the implementation of BEPS Action 13 on the transparency of global operations of large MNEs.

HMRC has updated its guidance to explain what deposit holders need to do before the Certificate of Tax Deposit (CTD) Scheme closes on 23 November 2023.

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.

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

Details of updates to HMRC import, export and customs guidance for the period from 20 September 2023 to 25 September 2023.

HMRC has updated its VAT notice on health professionals and pharmaceutical products, making various minor changes throughout the guidance.

HMRC has published Agent Update issue 112 (20 September 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

HMRC has updated its guidance to add information on what steps businesses need to take in the event of a disagreement with a penalty decision.

Pensions (Extension of Automatic Enrolment) Act 2023

The OECD has published public comments on Amount B under Pillar One relating to the simplification of transfer pricing rules.

This Order applies a temporary zero-rate of VAT to the supply of drugs and medicines in the UK to an individual for personal use in accordance with a patient group direction.

These Regulations provide for relief from inheritance tax in relation to the Post Office Horizon Shortfall Scheme and Group Litigation Order compensation payments.