NEWS

Revenue Customs Brief 14/2020 announces a new policy on how opticians and dispensers of hearing aids account for VAT on their supplies. Opticians and dispensers of hearing aids make two supplies to their customers for VAT purposes: the...

The CIOT has raised questions with HMRC around VAT bad debt relief and the potential interaction with deferral of VAT payments. Where a business had both part paid and part deferred the VAT due in a VAT quarter falling in the deferral period...

As had been strongly anticipated, the European Commission announced that it would appeal the General Court's state aid Apple judgment (Cases T-778/16 and T-892/16). That judgment annulled the Commission's decision of August 2016 finding that Ireland...

In releasing the outcomes of the third phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, the OECD reports strong progress in continuing efforts to improve the taxation of multinational...

Albania, Bosnia and Herzegovina and Costa Rica have become the latest countries to deposit their instruments of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit...

Recently published Treasury minutes record the UK governments response to the Public Accounts Committees twelfth report from session 2019/21, which made a number of recommendations on the management of tax reliefs. The government agrees...

The CIOT has pointed out that a potential March 2021 UK Budget and the expected dissolution of the Scottish Parliament ahead of its May 2021 elections, will leave very little time for MSPs to agree on Scotlands taxes for 2021 if last-minute...

The Institute for Fiscal Studies Tax Law Review Committee has launched a survey to review the operation of the First-tier Tax Tribunal (FTT). The Committee will use feedback from tribunal users on their experience of the FTT to compile...

Compliance checks factsheet CC/FS1k coronavirus (covid-19) impacts on visits: updated to reflect revised guidance for HMRC staff using PPE during visits.VAT reverse charge technical guide: new technical guidance on the domestic reverse charge for...

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 Gains Manual Added: CG63956, CG64172,...