NEWS

HMRC have published a new online form which taxpayers can use to submit evidence of personal details in response to a request by HMRC. The accompanying guidance also sets out what forms of ID are acceptable....

Following on from comments in a similar vein from the ATT last week, the CIOT has released its response to the UK Government proposal to remove private school fees from the VAT exemption, agreeing that delaying implementation to the start of the...

The Welsh Government has launched a consultation on a proposal to withdraw charitable non-domestic rates relief from private schools with effect from 1 April 2025 (mirroring the proposed withdrawal of relief in England). The accompanying press...

The Inclusive Framework on BEPS has published a new multilateral convention (MLC) to facilitate the implementation of the Pillar Two Subject to Tax Rule (STTR). As at 19 September 2024, the MLC had been signed by nine jurisdictions, and remained open...

The OECD Inclusive Framework on BEPS has published a compilation of 2024 peer review reports on country-by-country (CbC) reporting. This is the seventh annual peer review for the BEPS Action 13 minimum standard, covering 138 jurisdictions.Key...

HMRC’s Agent Update 123 for September 2024 covers a range of recent developments, including the following key points:reminder of the updated additional information required alongside R&D claims under the April 2024 regime, noting that the additional...

HMRCs latest newsletter confirms that regulations will be introduced as soon as parliamentary time allows to correct the pensions lifetime allowance abolition legislation (following the recent consultation with industry)....

Pinsent Masons reports that HMRCs serious criminal tax investigations brought in 991m in 2023/24, up from just 89m in the previous tax year. 653m of that total came from HMRCs case against Bernie Ecclestone but the...

HMRC have significantly increased their use of joint and several liability notices to recover tax debts from individual directors where the company has become, or is likely to become, insolvent. Pinsent Masons highlights a 225% increase, with...

This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.