NEWS

HMRC has revised its Updates on VAT appeals list, setting out the current status of recent VAT cases including decisions which are not being appealed further and are therefore final, and decisions where further appeal hearing dates have been listed....

The Social Security (Up-rating of Benefits) Bill passed its second reading in the House of Lords on 13 October 2021. Lords Committee Stage is scheduled for 26 October, with Report Stage on 3 November.The Bill makes provision relating to the uprating...

Responding to the consultation on the draft Finance Bill clauses which will introduce the residential property developer tax (RPDT) charge for accounting periods ending on or after 1 April 2022, the CIOT makes a number of recommendations, including:...

HMRC has published guidance on the new rules for renewing taxi, private hire or scrap metal licences. From April 2022, HMRC is introducing a simple tax check to be carried out when individuals, partnerships (including limited liability partnerships...

HMRC’s bi-monthly bulletin for employers covers recent developments, and includes the following reminders:employers who make early payments at Christmas should make sure they report the normal payment date in their real-time information submissions...

HMRC has updated its guidance Film & TV production restart scheme to confirm that the scheme has been extended by six months and will now close to new registrations on 30 April 2022 and provide cover for claims up to 30 June 2022. The scheme was...

HMRC has published Agent Update issue 89 (October 2021) providing a round-up of recent developments for tax agents and advisers, including the following:The extended window to appeal against tax decisions and penalties closed on 30 September 2021,...

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

136 countries, representing more than 90% of global GDP, have signed up to the OECD/G20 statement on the two-pillar approach to address the tax challenges arising from the digitalisation of the economy. G20 finance ministers were expected to endorse...

HMRC has revised its position on the meaning of ‘entire interest’ in relation to the VAT self-supply charge. The change in policy arises following the Supreme Court decision in Balhousie Holdings Ltd [2021] UKSC 11 in the context of a sale and...