NEWS

HMRC has published a paper which evaluates how commercial property transactions have responded to changes in the rates of stamp duty land tax (SDLT). The data compares transactions before and after the 17 March 2016 change from the old ‘slab’ system...

HMRC’s Stakeholder Digest (30 November 2021) summarises some of the key announcements made on Tax administration and maintenance day, noting that the Tax administration and maintenance command paper sets out an overview of the proposals,...

The CIOT has published several interesting briefings on Finance Bill 2022 clauses covering basis period reform, diverted profits tax, the economic crime (anti-money laundering) levy and tackling tax avoidance:Basis period reform (clauses 7, 8 and Sch...

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 Allowances Manual Added: CA94750,...

Tax Journal thanks its authors for November. Click on the links below for author profiles and details of articles:

The National Audit Report (NAO) has published a report on how HMRC has managed the collection of tax debt through the pandemic – in particular, whether it has adapted sufficiently to the changing nature and scale of that debt and the wider...

The CIOT has responded to the Treasury Committee’s inquiry into the Autumn Budget and Spending Review 2021 with findings including the following:After the Spring Budget and Tax Consultation Day, tax policy making has largely ignored the government’s...

HMRC has published a new series of compliance checks factsheets covering joint and several liability notices that can be issued to individuals connected with companies (usually directors) where there is a risk of tax or penalties not being paid:Joint...

HMRC has published its Managing pension schemes service newsletter for November 2021 covering:pension scheme migration – administrators can now view a list of schemes they will need to migrate onto the Managing Pension Schemes service;multiple...

The Treasury has announced that Tax Administration and Maintenance Day will be on 30 November 2021. In a written statement to Parliament, Lucy Frazer, Financial Secretary to the Treasury, confirmed that a further set of plans for tax administration...