NEWS

The Double Taxation Relief and International Tax Enforcement (Luxembourg) Order, SI 2022/1055, brings into effect arrangements set out in the 2022 Convention and Protocol agreed between the UK and Luxembourg for the avoidance of double taxation and...

HMRC’s updated VAT Notice 731 confirms that businesses cannot use the cash accounting scheme for supplies of goods and services that are subject to one of the domestic reverse charges.Business are directed to VAT Notice 735 and, for supplies of...

HMRC has expanded its guidance on exemptions from plastic packaging tax. In particular, the list of exempt packaging used to import goods into the UK has been updated with examples.A new section Transport packaging on exported goods has been added...

The Pension Schemes Act 2021 (Commencement No 7 and Transitory Provision) Regulations, SI 2022/1044, bring various amendments to the Pensions Act 2004 into force, most of which relate to the new pensions dashboards. The changes will enable pensions...

The National Health Service Pension Schemes (Member Contributions etc) (Amendment) (No 3) Regulations, SI 2022/1028, extend the expiry date of the following temporary easements to NHS pensions regulations which aimed to facilitate the return to work...

HMRC has updated its PAYE for agents online service guidance to note that only tax agents who already have a PAYE agent reference number will be invited to opt into the employer liabilities and payments service. Agents who do not opt into the service...

The CIOT has raised a number of practical considerations in response to HMRC’s consultation Improving the data HMRC collects from its customers:gathering additional data will create extra work for employers and businesses with little or no direct...

Chancellor Jeremy Hunt has announced a reset of government fiscal policy, reversing ‘almost all the tax measures’ from the mini-Budget.In his statement on Monday 17 October 2022, Chancellor Hunt announced that ‘almost all’ tax measures proposed in...

Writing to the Treasury Committee, the Chancellor has announced his intention to deliver his medium-term fiscal plan on 31 October, rather than 23 November.The revised timetable will also include the long-awaited economic and fiscal forecasts by the...