NEWS

Azerbaijani has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the BEPS Multilateral Instrument)....

The Norwegian government has published the text of its double tax convention with the UK as adjusted by the OECD Multilateral Instrument. Although the convention is a 2013 agreement, the modified version applies generally from 1 May 2020 (and from 1...

The Economic Crime and Corporate Transparency Act 2023 (Commencement No. 1) Regulations, SI 2023/1206, bring various sections of the Economic Crime and Corporate Transparency Act 2023 into force, including the following provisions from 15 January...

In a new submission, the CIOT has sought clarification of HMRC’s approach to the ‘just and reasonable’ apportionment between residential property development (RPD) activities and non-RPD activities for the purposes of the computation of adjusted...

The November edition outlines several changes which will be of particular interest to tax practitioners:Summary of changes for repayment claims: as outlined in its recent guidance for agents, HMRC has summarised the February 2024 changes which will...

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

Following the prime ministers government reshuffle on 13 November 2023, key positions at HM Treasury are now occupied as follows:Laura Trott MBE: chief secretary, with responsibility for public expenditure. She was previously parliamentary...

The CIOT and ATT have urged Nigel Huddleston, incoming FST, to use the 22 November 2023 Autumn Statement to launch a review of Making Tax Digital for income tax self-assessment (MTD for ITSA) and consult on its future direction and delivery, bringing...

The following two sets of regulations provide an income tax exemption and NICs disregard for the 87,500 war widows recognition payments, in line with the recent UK government announcement that these payments would be exempt from tax:War Widows...

The Value Added Tax (Refunds to “Do-It-Yourself” Builders) (Amendment of Method and Time for Making Claims) Regulations, SI 2023/1201, enable DIY builders to file refund claims electronically, and extend the time limit for filing those claims to six...