NEWS

Tax Journal thanks its authors for May 2021.

The Office of Tax Simplification has published the second report from its capital gains tax review. The report covers a wide range of areas from moving home to getting divorced, running or investing in a business and issues affecting land...

HMRC has updated its self-employment income support scheme (SEISS) guidance setting out when and how to tell HMRC about a tax return amendment if it affects eligibility for, or the amount of, a grant under the scheme.Where a tax return was amended...

HMRC has published new guidance setting out steps to calculate a worker’s statutory payment entitlement where the worker’s intermediary has received amounts net of income tax and class 1 primary NICs under the off-payroll working rules. Payroll...

HMRC has published Agent update: issue 84 (May 2021) providing a round-up of recent developments for tax agents and advisers. HMRC now intends to publish Agent update on a monthly basis, rather than once every two months, with the next instalment due...

HMRC has published a new internal guidance manual dealing with the new trust registration requirements. The Trust registration service manual sets out which trusts need to be registered, deadlines for notification, trustee data retention obligations...

HM Courts & Tribunals Service (HMCTS) has published new guidance for members of the public and probate professionals on applying for probate online. The guidance includes an update on how HMCTS is planning to enhance the online probate service during...

HMRC has clarified that supplies of electric vehicle charging through charging points in public places are subject to the standard rate of VAT. Revenue and Customs Brief 7 (2021): VAT liability of charging of electric vehicles sets out the basic...

HMRC has reported that some agents are receiving error messages when attempting to file VAT returns for non-making tax digital (MTD) clients. HMRC has said that any agent who receives an error, informing them that the client has already signed up to...

HMRC has reminded businesses which deferred VAT payments in 2020 to apply to join the VAT deferral new payment scheme before 21 June 2021. Although the joining dates for March, April and May have passed, businesses can still spread their payments...