Issue 1558

Analysis

• Consultation on the SDLT mixed property and multiple dwellings relief rules
• The OECD’s pillar two model rules: what do we know now?
• Economic outlook for 2022: it’s all about covid and inflation
• Tax disputes in 2022: trends and developments
• Tax policy challenges in 2022

News

• HMRC manual changes: 6 January 2022
• Pillar two rules published
• Unshell draft Directive issued
• Derivatives: foreign exchange risk hedging
• Finance Bill 2022: further amendments
• Further freeport tax sites designated
• Updates and guidance: 7 January 2022
• OTS review for smaller businesses
• HMRC Stakeholder Digest: 9 December 2021
• Agent Update issue 91
• Self-assessment repayment claim letters
• MTD for ITSA: quarterly updates
• Signing up for the MTD ITSA pilot
• Self-serve time to pay
• Scottish framework for tax
• Scottish Budget 2022/23
• Welsh Budget 2022/23
• Late payment interest rates increased
• Multilateral Instrument: Seychelles and Iceland
• Tax rulings peer reviews
• OECD transfer pricing profiles
• Tax treaties: Guernsey and Isle of Man
• Tax treaties: Germany, Sweden and Taiwan
• Customs guidance roundup: 7 January 2022
• Soft drinks industry levy penalties
• Plastic packaging tax guidance
• Plastic packaging tax: packaging components
• Plastic packaging tax brought into force
• Landfill disposals tax in Wales
• EU VAT rates
• Customs and VAT: Brexit transition
• UK maintains staged customs controls
• VAT margin schemes guidance
• One stop shop VAT returns
• VAT OSS: businesses not registered for VAT
• VAT refunds to overseas businesses
• VAT registration: common errors
• Conditional exemption tax incentive scheme
• Loans secured on foreign income
• Statutory sick pay
• CGT exemption for compensation payments
• Van benefit and car and van fuel benefit
• Indexation of allowances
• Scottish LBTT consultation
• Updated CJRS guidance: correcting errors
• Employer Bulletin: December 2021

Cases

• Other cases that caught our eye: 7 January 2022
• Gray & Farrar International LLP v HMRC
• V Carter and another v HMRC
• Redmount Trust Company Ltd v HMRC
• T Good v HMRC
• J Charman v HMRC

One minute with

• One minute with... Jonathan Main

Trackers

• HMRC manual changes: 6 January 2022