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HMRC has published the December 2021 edition of the HMRC Trusts and Estates Newsletter.

HMRC interest rates for late payments will be revised following the Bank of England interest rate rise to 0.25% from 0.1%.

20 Decemebr 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has updated its capital gains tax for land and buildings, capital gains tax for shares, income tax losses, capital gains tax for trusts and estates supplementary, trusts and estates, National Insurance contributions and statutory payments, Chargeable gains for companies', Expenses and benefits from employment toolkits for 2020/21 and Property rental toolkit.

HMRC has published Agent Update issue 91 (December 2021) providing a round-up of recent developments for tax agents and advisers.

13 Decemebr 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

The Scottish government delivered its 2022-23 budget on 9 December 2021

HMRC has published new guidance detailing which gifts count towards the value of an estate, how they are valued and how much Inheritance Tax may be due.

Over 30 documents were published on the inaugural ‘Tax Administration and Maintenance day’ signifying the start of a period of consultation and evaluation. Our summary document details the key announcements.

22 November 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

The Treasury has announced that Tax Administration and Maintenance Day will be on 30 November 2021.

The Chartered Institute of Taxation (CIOT) has responded to the Treasury Committee’s inquiry into the Autumn Budget and Spending Review 2021.

15 November 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

8 November 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

Finance Bill 2022 was published on 4 November 2021.

These regulations designate those freeport tax sites within, or connected to, a freeport in which plant and machinery allowances, structures and buildings allowances and stamp duty land tax reliefs are available. These Regulations come into force on 19 November 2021.

The CIOT has reported that HMRC’s Wealthy External Forum has issued several briefings to forum members in relation to letters that it intends to send out in relation to foreign tax credit relief double taxation allowance.

The CIOT has reported that HMRC’s Wealthy External Forum has issued several briefings to forum members in relation to letters that it intends to send out in relation to cryptoassets.

A summary of the main tax measures announced at the Autumn Budget on 27 October 2021.

The Chartered Institute of Taxation (CIOT) has responded to HMRC’s consultation on the implementation of the OECD Model Reporting Rules, which require digital platforms to report details of the income of sellers on their platform to the tax authority where the platform is resident, incorporated or managed, and also to the sellers.