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HMRC has published Agent Update issue 103 (December 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 published its report on the tax complexities driven by hybrid working, including for periods where employees choose to work overseas.

Following the announcement that the start date for Making Tax Digital (MTD) for Income Tax is to be delayed until 6 April 2026, HMRC has updated its guidance pages. The professional bodies have also commented on the delay.

HMRC has published new guidance on how agencies, employers or workers should complete checks for, or report, potential payroll company fraud.

The ATT has published a new technical article which explores how income tax basis period reform will interact with the averaging rules for farmers and creative artists.

HMRC is increasing the late-payment rate of interest to 6%, and the repayment rate to 2.5%, from 6 January 2023. Interest on quarterly instalment payments of corporation tax is also increased from 26 December 2022.

The Chancellor has announced that the Spring Budget 2023 will be on 15 March 2023.

The government has announced that mandation of Making Tax Digital for Income Tax (MTD for ITSA) has been delayed until 6 April 2026 at the earliest.

These Regulations increase the land and buildings transaction tax additional dwelling supplement in Scotland from 4% to 6% with effect from 16 December 2022.

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

John Swinney, Deputy First Minister, delivered the Scottish government’s 2023–24 Budget on 15 December 2022.

In an email alert to subscribers on 15 December, HMRC advised that the Using Making Tax Digital for Income Tax - GOV.UK (www.gov.uk) page had been updated on 14 December to extend the MTD ITSA pilot to 6 April 2026, but HMRC has since confirmed that this was an error.

These Regulations amend the Social Security Contributions and Benefits Act 1992 (and its Northern Ireland equivalent), the Social Security (Contributions) Regulations 2001 (SI 2001/1004), and related legislation to introduce the Lower Profits Threshold (LPT).

The Welsh government has published its draft Budget setting out revenue raising and capital spending plans for 2023/24.

The European Commission has proposed new tax transparency rules for all service providers facilitating transactions in cryptoassets for customers resident in the European Union.

HMRC has updated its guidance on social security contributions for workers coming to the UK from the EU, Iceland, Liechtenstein, Norway, or Switzerland.

HMRC has updated its guidance at section 14 to explain when an

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 2021-22 foreign income toolkit.

HMRC has updated its guidance on Capital Gains tax on UK property or land.