NEWS

HMRC has added the following treaties to its international treaty collection:UK-Germany 2021 Protocol to the 2010 double taxation agreement signed in January 2021 and which entered into force on 17 December 2021;UK-Sweden 2021 Protocol to the 2015...

HMRC has published further new and updated guidance for imports, exports and customs to reflect the post-transition period regime—Customs and Excise Border Procedures (Miscellaneous Amendments) (EU Exit) (No 2) Regulations, SI 2021/1347: replacing...

HMRC has updated its soft drinks industry levy penalties guidance. The revised guidance notes that HMRC may charge a penalty where a return or other document contains an inaccuracy and that inaccuracy results in tax being unpaid, understated, or...

HMRC has published further guidance on the new plastic packaging tax (PPT) which comes into operation on 1 April 2022.Record keeping and accounts for plastic packaging tax and Check if you need to register for plastic packaging tax cover the content...

The Plastic Packaging Tax (Descriptions of Products) Regulations, SI 2021/1417 revise the definition of ‘packaging component’. Products which fall within the definition will be subject to the new tax.Three existing product categories are removed from...

The Finance Act 2021, Part 2 etc (Plastic Packaging Tax) (Appointed Day) Regulations, SI 2021/1409 bring most of the remaining plastic packaging tax legislation in FA 2021 Part 2 into force from 1 April 2022. Powers to make regulations under FA 2021...

The Landfill Disposals Tax (Tax Rates) (Wales) (Amendment) Regulations, SI 2021/1470 increase the standard rate of landfill disposals tax from £96.70 to £98.60 per tonne, the lower rate from £3.10 to £3.15 per tonne, and the unauthorised disposals...

The Council of the European Union has reached agreement on proposals to update EU rules for VAT rates for goods and services. The proposals:change the list of goods and services for which reduced VAT is allowed;remove VAT exemptions for...

The Customs and Value Added Tax (Managed Transition Procedure) (EU Exit) Regulations, SI 2021/1375 extend the end date of the Customs (Managed Transition Procedure) (EU Exit) Regulations, SI 2019/487 from 31 December 2021 to 31 December 2022 and set...

The Taxation (Cross-border Trade) (Miscellaneous Amendments) (EU Exit) (No 2) Regulations, SI 2021/1444 extend existing staged customs controls for goods that are in Ireland or Northern Ireland immediately before their importation into Great Britain....