NEWS

Recent developments in tax.

HMRC has published new guidance Mini umbrella company fraud explaining the background to the use of mini-umbrella companies (MUCs) and advising businesses how to check and protect their labour supply chains from potential fraud.Mini-umbrella company...

HMRC has rewritten its guidance on the check employment status for tax (CEST) tool to reflect the 6 April 2021 changes to the off-payroll working rules. The CEST tool can be used to help hirers, agencies and workers decide on the employment status of...

HMRC has announced ‘imminent’ changes to the agent services account (ASA) homepage as follows:the text of the ‘Track your recent authorisation requests’ link will be revised to clarify it covers authorisation requests made within the previous 30...

HMRC has updated its guidance Trust registration extension – an overview on the rules for registering a trust using the Trust Registration Service (TRS). New rules introduced on 6 October 2020, as part of the UK’s implementation of the Fifth Money...

HMRC has changed its policy on the VAT treatment of manual window blinds and shutters, accepting that they are building materials for VAT purposes and can be zero-rated when installed in a qualifying build. Revenue & Customs Brief 5/2021 confirms the...

HMRC revised its Updates on VAT Appeals list on 6 May 2021, to cover recent VAT appeals involving HMRC and setting out the current status in the proceedings, including whether or not HMRC has been granted permission to appeal....

HMRC has updated its notice made under the VAT Regulations, SI 1995/2518, which covers import VAT in relation to Northern Ireland, to clarify the meaning of ‘importation of goods’ and ‘exportation of goods’. The guidance at section 4 (‘Reimportation...

In a letter sent to more than 200,000 businesses in Great Britain, HMRC has provided advice on how to submit delayed customs import declarations for non-controlled goods imported from the EU.For imports of most goods from the EU made during 2021,...

HMRC has published a new policy paper on plastic packaging tax to help businesses that manufacture or import plastic packaging to prepare for the tax. The new tax, introduced in Part 2 of Finance Bill 2021, will apply to plastic packaging...

The OECD has published a new report Inheritance taxation in OECD countries setting out a comparative assessment of inheritance, estate and gift taxes across 37 OECD member countries.The report finds that 24 out of 37 states currently levy some kind...

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