NEWS

The Treasury has announced that an amount equivalent to the VAT collected on donated personal protective equipment (PPE) will be given to two charities supporting NHS and other care workers. VAT is due on assets donated by businesses where they paid...

HMRC has published new guidance on claiming relief from import duty and VAT when importing miscellaneous documents and related articles into the UK from outside the UK and EU. The guidance covers items on which relief can be claimed (including...

With implementation period completion day approaching at the end of 2020, HMRC has published a list of training providers who can help businesses prepare themselves for import and export customs declarations. Organisations which offer...

The government has published a command paper The UKs approach to the Northern Ireland Protocol, setting out how the Protocol can be implemented in a way that would protect the interests of the people and economy of Northern Ireland...

Provisional dates have been scheduled for the Finance Bill Public Bill Committee sittings. The sessions will begin on Thursday 4 June (with the Committee able to sit twice on the first day) and continue each week on Tuesdays and Thursdays until the...

Changes to the VAT MOSS rate for the UK and EU countries: updated to include the extension of zero-rating for electronic supplies of books and other publications in the UK from 1 May 2020.CGT for shares and CGT for land and buildings toolkits:...

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: CG-APP17 Added...

The president of the Tax Chamber of the First-tier Tribunal, Judge Greg Sinfield, has issued a statement to address recent criticism in the media of the chambers capacity to deal with its caseload.The Financial Times reported on 28 April that...

On 19 May, the government introduced a new ways and means resolution, paving the way for amendment to the Finance Bill which would formally allow for the deferred introduction of the changes to the IR35 rules for large and medium-sized...

The government has increased the maximum loan available through the coronavirus large business interruption loan scheme (CLBILS) from 50m to 200m, with loans under the expanded scheme becoming available to businesses from 26 May....