½Û×ÓÊÓƵ

Home / Simons-Taxes /Corporate tax /Part D4 Overseas issues /Division D4.3 Pillar Two in the UK /The UK's Pillar Two rules—multinational top-up tax / D4.307 Multinational top-up tax—administrative matters
Commentary

D4.307 Multinational top-up tax—administrative matters


Corporate tax

HMRC is responsible for the administration and collection of the multinational top-up tax in the UK1. The filing member (see below) of a group has various administrative responsibilities under the multinational top-up tax legislation, which includes:

  1. Ìý

    •ÌýÌýÌýÌý registration with HMRC

  2. Ìý

    •ÌýÌýÌýÌý submission of an information return to HMRC

  3. Ìý

    •ÌýÌýÌýÌý submission of a self-assessment return to HMRC

  4. Ìý

    •ÌýÌýÌýÌý keeping and preserving records

  5. Ìý

    •ÌýÌýÌýÌý making payment of multinational top-up tax

These requirements are set out in further detail below.

It is important to note that an in-scope MNE could still have registration and reporting obligations, even where it estimates that it does not have a multinational or domestic top-up tax liability.

HMRC online service

HMRC has confirmed it is developing a Pillar 2 online service which will be introduced in phases. The first iteration was completed in May 2024, which included a registration facility for multinational top-up tax and domestic top-up tax purposes, which will then generate a Pillar 2 reference number. The deadline to register

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
TAKE A FREE TRIAL TAKE A FREE TRIAL

Web page updated on 17 Mar 2025 16:46