NEWS

The House of Lords European Union Committee (EUC) has published correspondence with Cabinet Office Minister, Michael Gove MP, in response to queries around the impact of coronavirus on the UKs Brexit negotiations with the EU and on...

In correspondence published by the House of Commons European Scrutiny Committee (ESC), government departments have been asked to provide an update on how coronavirus is likely to impact on the UK position post-Brexit and on the likely future UK-EU...

HMRC has published new guidance Defer your self-assessment payment on account due to coronavirus (Covid-19) on deferring the self-assessment second payment on account (POA) for the 2019/20 tax year due to the impact of coronavirus. HMRC has confirmed...

Pinsent Masons report that 867 disclosures of income on which UK tax was due were made in 2018/19, up from just 66 in the previous year. The firm says the unpaid tax was on income or capital gains generated in the UK, usually from property or...

The European Union (Withdrawal Agreement) Act 2020 (Commencement No. 3) Regulations, SI 2020/518 bring a number of provisions of the Withdrawal Agreement Act into force on 19 May 2020, including s 26(1)(d) which inserts a new s 6(5A) into the EU...

HMRC advises that businesses due to renew money laundering supervision, with an annual fee due between 1 May and 30 September 2020, may be able to either defer payment for six months from the due date or deregister if they stop trading due to...

Trusts and Estates Toolkit: revised edition of the 2019/20 toolkit published in June.COVID-19 Guidance: Information for NI Businesses Employers: updated to cover trade credit insurance, support for businesses paying sick pay to employees, VAT...

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 Allowances Manual Updated: CA29040 Updated guidance on...

On 12 May, Chancellor Sunak announced to the House of Commons that the coronavirus job retention scheme (CJRS) would be extended to 31 October 2020, to provide certainty for business as the UK moves through the crisis. The scheme will continue in its...

On 11 May, the UK government published its recovery strategy for a phased relaxation of the Covid-19 lockdown measures. Step one applies from 13 May in England and advises workers to continue to work from home wherever possible and for...