NEWS

HMRC has updated its guidance on registering for plastic packaging tax to add more information in relation to who should register for the new tax. The guidance is updated at the section ‘Who should register’. If packaging components are imported...

Further to a report Giving evidence from abroad (Tolley) published in Tax Journal, 11 February 2022, the First-tier Tribunal Immigration and Asylum Chamber has now published guidance regarding witnesses giving oral evidence from abroad...

The CIOT has responded to HMRC’s consultation on modernising tax debt collection from non-paying businesses. Key comments include:Early consultation is welcome. The UK government appears to be gathering evidence on changes in business practices with...

The Finance Bill currently before parliament is expected to receive royal assent on Thursday 24 February 2022....

HMRC has launched a consultation seeking views on draft regulations for the DOTAS NICs regime. The draft National Insurance Contributions (Application of Part 7 of the Finance Act 2004) (Amendment) Regulations 2022 will amend the National Insurance...

This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors. Direct taxesManual Page Comments Capital Gains Manual Archived: CGUPDATE001 Old...

The February 2022 edition of HMRC’s Employer Bulletin covers a wide range of topics for employers, including the following:an update to the Basic PAYE Tools (BPT) will be released at the end of March for the 2022–23 tax year;changes to the Employer...

HMRC has published Agent Update issue 93 (February 2022) providing a round-up of recent developments for tax agents and advisers, including the following:CJRS claims information: HMRC published a monthly list of employers who claimed under the CJRS....

The Guernsey government has announced that it is commissioning an independent review to consider corporate tax options as part of wider tax reforms to meet a forecast tax shortfall of around £85m per year....

The OECD Secretary-General’s February 2022 tax report to G20 finance ministers and central bank governors includes the latest OECD views on the following:For pillar two, the technical working group are finalising the commentary on the GloBE rules to...