NEWS

HMRC’s updated guidance Claim a grant through the Self-Employment Income Support Scheme announces that details of the fourth grant under the SEISS will be announced on 3 March 2021 (Budget day). The claim period for the third grant closed on 29...

The Pension Schemes (Qualifying Recognised Overseas Pension Schemes) (Gibraltar) (Exclusion of Overseas Transfer Charge) Regulations, SI 2021/89, correct an omission in the Taxes (Amendments) (EU Exit) Regulations, SI 2019/689 to ensure that a...

HMRC has published new guidance Moving excise goods from Great Britain to Northern Ireland by parcel dealing with how to send excise goods by parcel, including how to apply the excise duty off-set calculation to any excise goods being sent as a...

HMRC has published new guidance on how to bring goods back into the UK after they have been imported into another country or if they are rejected for import at the other country’s border, where import and export declarations are required. For...

Following the General Court’s ruling in the Apple state aid case, in which the court annulled the Commission’s ruling that Ireland had granted illegal state aid to Apple through selective tax breaks and ordered Ireland to collect €13bn from Apple in...

The OECD Inclusive Framework on BEPS held a public meeting on its ongoing work on 27 and 28 January 2021, where finance ministers reiterated their determination to reach an agreement on taxing international digital activity. The Inclusive Framework...

HMRC has published a special Agent Update edition dealing with Brexit, covering:new customs and tax rules for trading with the EU from 1 January 2021;new rules for business travellers from1 January 2021, including bringing commercial goods in...

The European Commission has announced a further extension to its temporary framework for state aid measures, which provides for a relaxation of the EU state aid rules in order to support the economy in the context of the covid-19 outbreak. Following...

The Office of Tax Simplification (OTS) has published a call for evidence for its review of ways to make tax easier for individuals through smarter use of third-party data. The review will consider whether and in what ways it could be helpful to...

Further to HMRC’s announcement that late-filing penalties will not be issued where returns are filed by 28 February 2021, HMRC has confirmed that returns filed on paper in February will not benefit from the easement and any tax due still needed to be...