½Û×ÓÊÓƵ

This Order amends sections 150(1), 155(1B)(b), and 161(b) of the Income Tax (Earnings and Pensions) Act 2003.

HMRC has published its bi-monthly magazine providing the latest information on payroll-related topics for employers and agents.

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

The House of Commons Public Bill Committee has reported the adoption of government amendments to the Economic Crime and Corporate Transparency Bill (the Bill). The Committee has also reported the withdrawal of amendments in the name of Dame Margaret Hodge proposing an offence of failure to prevent fraud or money laundering.

HMRC has published a new GAAR Advisory Panel opinion on unauthorised payment from registered pension scheme involving debt arrangement, to help recognise when arrangements may be abusive tax arrangements.

The text of the 2022 UK-Brazil Double Taxation Convention has been added to the HMRC tax treaties page.

The Regulations specify the information an employee must provide to HMRC to evidence their entitlement to tax relief in relation to certain allowable expenses.

HMRC has published pension schemes newsletter 145.

The Chair of the All-Party Parliamentary Group (APPG) on Anti-Corruption and Responsible Tax, Dame Margaret Hodge, has introduced an amendment to the Economic Crime and Corporate Transparency Bill in an amendment paper published by the House of Commons on 24 November 2022. Hodge has introduced a new ‘Offence of failure to prevent fraud, false accounting or money laundering’ with respect to commercial organisations, which the government has not yet confirmed its support for.

The ATT has shared an update from HMRC on Unique Taxpayer References (UTRs) and the HMRC app.

HMRC has launched a technical consultation seeking views on draft regulations that set out changes to the pensions tax rules as a result of the public service pensions remedy.

These Regulations set out requirements that need to be in place to enable pensions dashboard services to operate effectively.

On 22 November 2022, HM Treasury published the Autumn Finance Bill 2022 legislating for key tax changes announced by the Chancellor at the Autumn Statement 2022 on 17 November 2022.

HMRC has published several tax information and impact notes (TIINs).

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

HMRC has published Agent Update issue 102 (November 2022) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The Office of Tax Simplification (OTS) has announced that its formal closure will take effect when the Spring Finance Bill 2023 receives Royal Assent.

Chancellor Jeremy Hunt delivered his Autumn Statement 2022 on 17 November 2022, setting out proposals to address a £55bn gap in the UK’s finances, with half of that amount being raised through increased taxation.

These Regulations amend the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, SI 2017/692 to substitute the list of high-risk third countries in Schedule 3ZA for a new list.

The CIOT has shared an update confirming that HMRC will be issuing discovery assessments to people who they believe should have submitted a 2018-19 tax return containing a loan charge.