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HMRC has updated its import, export and customs guidance to reflect the post-Brexit regime. The update covers the period from 24 October 2022 to 31 October 2022.

HMRC’s Stakeholder Digest (27 October 2022) provides a round-up of recent news.

HMRC has informed the CIOT that it is launching a new campaign in November 2022 to tackle non-compliance linked to offshore corporates owning UK property.

The consolidated text of the 1947 UK-Saint Kitts and Nevis Double Taxation Agreement has been added to the HMRC tax treaties page.

HMRC has updated its guidance with information on how to apply for advance assurance for all venture capital schemes except Social Investment Tax Relief using the new online form.

HMRC has added and updated factsheets which provide details of the different measures contained in the Economic Crime and Corporate Transparency Bill.

HMRC has updated various guidance pages on plastic packaging tax.

The Act received Royal Assent on 25 October 2022.

The Chancellor has announced that the economic statement which was due on 31 October 2022 will now take place on 17 November 2022.

The ATT has shared a number of updates from HMRC on aspects of the Trust Registration Service (TRS).

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 its import, export and customs guidance to reflect the post-Brexit regime. The update covers the period from 17 October 2022 to 25 October 2022.

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

Rishi Sunak has taken office as the UK’s next Prime Minister following Liz Truss’s resignation.

HMRC has revised its position regarding VAT relief on the sale of children’s face masks.

HMRC has published details of a series of information events for public authorities on the new UK subsidy control regime.

HMRC is consulting on changes to its current suite of statistical publications. The consultation will run until the 16 January 2023.

HMRC has published new guidance on secondary and joint and several liability and when businesses may be liable for unpaid Plastic Packaging Tax.

The Supreme Court has unanimously upheld HMRC’s appeal in the case of NHS Lothian Health Board. The Court held that NHS Lothian had failed to adequately quantify its VAT input tax recovery claims. Its claims were therefore invalid as proof of the amount incurred is a substantive precondition for the right to recover VAT. Although the VAT recovery claims related to historic periods, the Supreme Court held that the standard of proof applied to NHS Lothian’s claim is the balance of probabilities which applies in the same way to all historic tax claims and this did not create an unjustifiable hurdle. Similarly, although UK VAT law and practice in this area had shifted, the Supreme Court held that state fault did not contribute to the difficulties in quantifying the VAT recovery claim. As a result, the Supreme Court overturned the Inner House’s decision and endorsed the decisions of the First-tier Tribunal and Upper Tribunal that NHS Lothian’s VAT recovery claims should be rejected.

HMRC has updated VAT Notice 735 in two areas.