NEWS

The European Commission aims to introduce a common EU-wide system for withholding tax on dividend or interest payments. The intention is to include a system for tax authorities to exchange information and cooperate with each other. Cross-border...

HMRC has published further new and updated guidance for imports, exports and customs to reflect the post-transition period regime:Get your business ready to use a Freeport customs site: new general guidance for businesses on moving goods into or out...

HMRC has updated its guidance for businesses ahead of the introduction of plastic packaging tax on 1 April 2022. For businesses responsible for accounting for the tax as the manufacturer or importer of plastic packaging, the requirement to include a...

HMRC has published new guidance Pay the VAT due on your one stop shop VAT return setting out how to pay VAT due on a one stop shop (OSS) VAT return using HMRC’s online service which opened on 1 October 2021. The VAT due can be paid as follows using...

HMRC has updated its guidance Stamp duty land tax rates from 1 December 2003 to 30 September 2021 following the end of the temporary extended nil-rate band thresholds on 30 September 2021.SDLT rates and thresholds for residential properties reverted...

The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Amendment of Schedule 10) (No. 2) Regulations, SI 2021/1091, replace the Corporate Insolvency and Governance Act 2020 Sch 10. That Schedule was to have been substituted by the Corporate...

HMRC has confirmed (via the CIOT) that its customer engagement and support team (CEST) service can be accessed by any agent with a government gateway ID, regardless of the size of the agent, by using the agent’s own government gateway ID and entering...

HMRC has corrected tax returns submitted before 19 June 2021 where SEISS grants were not reported correctly, following earlier problems where pre-populated figures were inflating the amount of SEISS grants on the return. The ATT has published an...

HMRC has updated its guidance on the coronavirus job retention scheme (CJRS) and self-employment income support scheme (SEISS) to reflect the end of both schemes on 30 September 2021. CJRS claims for September must be submitted by 14 October 2021 and...

HMRC has updated its guidance Penalties for late submission to reflect the new implementation dates for MTD for income tax self-assessment. The new points-based penalties regime will apply in relation to VAT returns from 1 April 2022, and from 6...