NEWS

HMRC has updated its guidance Use alternative dispute resolution to settle a tax dispute to reflect the recent change of practice allowing ADR to be used at any stage of an enquiry and at any stage of tribunal proceedings. This follows...

Temporary provision has been made to make sure recordings of remote First-tier and Upper Tribunal hearings can be accessed in line with the directions of the relevant tribunal. The Tribunal Procedure (Amendment) Rules, SI 2020/651, introduce the...

Responding to the Public Accounts Committee inquiry into the management of tax reliefs, the CIOT endorses the National Audit Offices conclusion that more needs to be done to monitor the use and impact of tax reliefs. The...

The Financial Services (Miscellaneous Amendments) (EU Exit) Regulations, SI 2020/628 make various changes to financial services legislation (both UK law and the future retained version of EU Regulations) to plug gaps that would...

This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.Direct taxesManual Page Comments Company Taxation Manual Updated: CTM93005 Added guidance on...

Tax Journal thanks its authors for June (click on links to view author profiles and access articles).

The US has suspended talks with European countries on plans for a global framework for the taxation of digital services, after the discussions reached an impasse. The US Treasury Secretary Steven Mnuchin has informed EU finance...

The Treasury is considering a temporary cut to the standard rate of VAT and potentially reduced rates to support specific sectors (for example, tourism) according to the Financial Times (21 June), noting that any such cuts might accompany changes to...

HMRC has updated its guidance Pay corporation tax if youre a large company to note that, in exceptional circumstances, a repayment claim for instalment payments can be made where the companys revised calculation of liability includes...

HMRC has updated its guidance Register a non-resident company for corporation tax to note that the exemption from the requirement for non-UK resident company landlords to notify chargeability to corporation tax, because their tax liability was fully...