NEWS

The Statutory Sick Pay (Coronavirus) (Miscellaneous Amendments) Regulations, SI 2022/176 will bring the statutory sick pay rebate scheme to an end on 17 March 2022. This means that employers will not be able to claim a rebate for any absence related...

HMRC has published new guidance on the rules for transferring unused nil-rate band to a surviving spouse or civil partner. Examples illustrate how to work out the unused threshold together with details on how to make a claim to transfer any unused...

HMRC has issued revised advisory fuel rates for business travel in company cars from 1 March 2022. The only change from the December 2021 rates is for the LPG rate per mile for cars with an engine size of 1,400cc or less (reduced from 9ppm to 8ppm)....

HMRC has published new guidance on claiming relief from employer Class 1 NICs for employees in a freeport tax site. The new guidance sets out the basics: who can claim the relief, how much and for how long, together with worked examples. Employers...

HMRC has updated its list of VAT appeals which sets out the status of various VAT appeals involving HMRC, including decisions where HMRC has decided not to appeal and which are therefore final....

The OECD has received responses to its consultation on the draft rules for nexus and revenue sourcing under pillar one amount A. See bit.ly/3IA5ewC....

The CIOT has responded to the Treasury’s call for evidence on the role that umbrella companies play in the labour market, and how they interact with the tax system. Key comments include:The relatively small number of workers caught up in disguised...

HMRC has further updated its plastic packaging tax guidance as follows:Check when you must register for plastic packaging tax – the section ‘who should register’ now covers packaging components imported using incoterms, noting that all in the supply...

Via the ATT, HMRC has highlighted a new, automated process (first published in Agent Update 93) to enable faster processing of repayment claims in relation to tax withheld on the interest element of PPI refunds.At present, agents can only file R40...

HMRC’s Stakeholder Digest (24 February 2022) provides a round-up of the latest news, including the following:Uncertain tax treatment (UTT) – a reminder that businesses with UK turnover above £200m or balance sheet total above £2bn (or both) will need...