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The UK has signed up to two new OECD multilateral agreements which will facilitate the exchange of information from digital platforms and on Common Reporting Standard avoidance arrangements.

14uk November 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

The CIOT has responded to the OECD consultation on the Progress Report on the Administration and Tax Certainty Aspects of Amount A of Pillar One.

These Regulations introduce transitional provisions to support insurance companies which adopt IFRS 17 from 1 January 2023.

These Regulations bring into force the amendments made by

These Regulations extend by 12 months the transitional arrangements under

The UK Parliament Public Accounts Committee is seeking evidence on the design, implementation and administration of the Digital Services Tax (DST) and HMRC’s readiness to replace it with OECD reforms.

These Regulations amend the Hybrid and other mismatch rules to retain an exemption for certain regulatory capital instruments issued by banks. These Regulations come into force on 31 December 2022.

The Court of Justice of the European Union has set aside the EU General Court’s judgment and annulled the Commission’s decision in the Fiat Chrysler Finance Europe (

This Order will update the definition of ‘transfer pricing guidelines’ to refer to the 2022 OECD's Transfer Pricing Guidelines. This Order comes into force on 1 January 2023.

HMRC has announced that it will increase its late payment interest rates to reflect the rise in the Bank of England base rate. The Bank of England raised interest rates to 3% on 3 November 2022. Generally HMRC’s late payment interest rate is set, by regulation, at the Bank of England base rate plus 2.5% (other than in respect of corporation tax quarterly instalments). For quarterly instalments payments, HMRC’s interest rate is set at the Bank of England base rate plus 1%.

The Department for Business, Energy and Industrial Strategy has issued regulations to implement the energy bill relief schemes in Great Britain and Northern Ireland.

The CIOT has responded to the Office of Tax Simplification (OTS) call for evidence on Review of hybrid and distance working.

7 November 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

The OTS has published a report on the income tax rules for residential property income, exploring the common complexities, issues, and concerns facing taxpayers.

HMRC has launched a new service allowing HMRC online gForms to be viewed in full before completion.

31 October 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has informed the CIOT that it is launching a new campaign in November 2022 to tackle non-compliance linked to offshore corporates owning UK property.

The consolidated text of the 1947 UK-Saint Kitts and Nevis Double Taxation Agreement has been added to the HMRC tax treaties page.

HMRC has updated its guidance with information on how to apply for advance assurance for all venture capital schemes except Social Investment Tax Relief using the new online form.