HMRC manual changes: 3 March 2023

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

Direct taxes

Manual	Page	Comments
National Insurance Manual	Updated: NIM23800 and NIM74250	Clarified guidance regarding how to establish the Class 2 NICs position for property and investment (before and after 5 April 2015).
Oil Taxation Manual	Added: OT21700 - OT21810	New chapter added for the energy profits levy on companies’ ring-fence profits and the associated investment allowance.

Administration

Manual	Page	Comments
Compliance Handbook Manual	Updated: CH53550	New example added on the application of the 12-year’offshore matters’ extended time limit for HMRC assessments where HMRC has not received ‘relevant overseas information’.

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

Direct taxes

Manual	Page	Comments
National Insurance Manual	Updated: NIM23800 and NIM74250	Clarified guidance regarding how to establish the Class 2 NICs position for property and investment (before and after 5 April 2015).
Oil Taxation Manual	Added: OT21700 - OT21810	New chapter added for the energy profits levy on companies’ ring-fence profits and the associated investment allowance.

Administration

Manual	Page	Comments
Compliance Handbook Manual	Updated: CH53550	New example added on the application of the 12-year’offshore matters’ extended time limit for HMRC assessments where HMRC has not received ‘relevant overseas information’.