ÀÏ˾»úÎçÒ¹¸£Àû

The CIOT has published the latest HMRC Stakeholder Digest (10 February 2022) which provides a round-up of the latest news and updates on Making Tax Digital for VAT, CJRS and umbrella company market.

HMRC has updated its import, export and customs guidance to reflect the post-Brexit regime. The update covers the period from 7 February 2022 to 14 February 2022.

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.

The Law Society has responded to HMRC’s consultation on the draft Mandatory disclosure regulations that would replace DAC 6 and require disclosure of certain arrangements to HMRC.

A House of Lords Library briefing paper summarises all stages in the Finance Bill’s progress through Parliament with details of all agreed amendments, together with the Lords’ Economic Affairs Finance Bill Sub-committee’s views on basis period reform and the new requirement for large businesses to notify uncertain tax treatments to HMRC.

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

New EU proposals have been published which propose an extension of anti-fraud reverse charge powers contained within the VAT Directive.

HM Treasury has published a summary of responses outlining the feedback the government received on the call for input on the UK funds regime.

This Order specifies the standard rate and lower rate for Scottish landfill tax for disposals on or after 1 April 2022.

HMRC has updated the 2022-2023 version of the CWG2 guidance with sections 3.9.6 to 3.9.8.

HMRC has updated its ‘Repaying a disguised remuneration loan to a third party’ policy paper to reflect updated guidance on whether the loan agreement is unenforceable.

Lesotho, Thailand and Viet Nam have signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention or MLI).

HMRC has substantially updated its promoters of tax avoidance schemes (POTAS) guidance to reflect updates to the provisions introduced by

These Regulations set out the detailed administrative requirements for the Plastic Packaging Tax which was introduced in Finance Act 2021. In particular, the regulations provide detailed definitions which establish when a plastic packaging component is finished and therefore becomes chargeable for the purposes of the tax. These Regulations come into force on 1 April 2022.

These regulations remove multiple charges to Stamp Duty and Stamp Duty Reserve Tax (SDRT) for securities that are transferred to the clearing house known as LCH SA, its clearing participants or its nominees, where the purpose of the transfer is the onward clearing of those securities to the ultimate purchaser.

HM Treasury has announced the opening of a consultation seeking views on improvements to help traders access a quality customs intermediary sector, how the benefits of the Simplified Customs Declaration Process can be expanded, and how the Transit facilitation can be improved. HM Treasury has said that the government will use gathered evidence to support changes to the UK’s customs system. The consultation will close on 2 May 2022.

HM Revenue and Customs (HMRC) has published new guidance detailing the rates and thresholds for employers operating a payroll or providing expenses and benefits to their employees. These rates and allowances apply from 6 April 2022 to 5 April 2023.

The Chartered Institute of Taxation (CIOT) has responded to HMRC’s consultation on Mandatory Disclosure Rules (MDR) regime.

HMRC has updated its import, export and customs guidance to reflect the post-Brexit regime. The update covers the period from 31 January 2022 to 7 February 2022.

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