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HMRC Stakeholder Digest: 20 July 2022

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HMRC’s latest Stakeholder Digest includes the following highlights:

  • Legislation day: on 20 July 2022, the UK government published draft legislation for Finance Bill 2023 together with responses to various consultations and new consultation documents.
  • HMRC’s Annual Report and Accounts 2021/22: showing a record £731bn in total tax revenues but acknowledging challenges with customer service levels.
  • Customs declaration service reminder: the last date for making import declarations using CHIEF is 30 September 2022. From 1 October 2022 declarations will need to be made using the customs declaration service. HMRC urges businesses to ‘urgently start taking action to move across to the customs declaration service’.
  • Euro Pacific Bank: HMRC is investigating hundreds of UK customers of the Puerto Rican bank which has been suspended by the country’s financial regulator. Individuals can use HMRC’s worldwide disclosure facility where appropriate.
Issue: 1585
Categories: News
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