NEWS

HMRC has made significant changes to its guidance on VAT and employment bureaux. This includes publishing a new manual page VTAXPER67050 and archiving or amending a number of other pages in the VAT Taxable Person Manual.Notably, the new guidance...

The Customs (Transitional Arrangements) (EU Exit) Regulations, SI 2020/1088, will allow importers to make a simplified customs declaration in their commercial records and delay providing a declaration to HMRC (for a period to be specified in a notice...

The UK government has published a summary of responses to its consultation on freeports that closed in July. The consultation sought views on the governments vision to establish up to ten freeports across the UK and proposed a brand new,...

HMRC has issued correspondence that sets out its policy decision not to charge individuals and businesses daily penalties for late filing of 2018/19 tax returns. This is in recognition of the exceptionally difficult circumstances many taxpayers are...

Responding to the Scottish governments consultation on the tax policy-making process, the CIOT notes the following:where new tax powers are devolved it is essential that there is a full and thorough consultation process, as has generally been...

The CIOT has responded to the Senedd Cymru (Welsh Parliament) Finance Committees inquiry into the implementation of the Wales Act 2014, looking particularly at the two devolved taxes administered by the Welsh Revenue Authority (WRA): land...

CC/FS1a: General information about compliance checks the section on Compliance checks that this factsheet relates to has been updated to add Coronavirus support payments. VAT Notice 701/57: Health professionals and...

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 Updated: CG71200, CG71262,...

The Treasury has issued a further Direction under the Coronavirus Act 2020 s 76, this time giving effect to the Job Retention Bonus (referred to as the coronavirus job retention scheme (job retention) bonus in the Direction) and...

HMRC has announced that, from 1 October 2020, self-assessment taxpayers can use the HMRC online payment plan service to set up monthly instalment arrangements to pay tax liabilities of up to 30,000. This increases the previous self-serve time...