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

The Chartered Institute of Taxation (CIOT) has shared an update from HMRC which lists the first affected accounting period for penalty reform for VAT under a range of representative filing frequencies, along with the earliest corresponding dates on which late submission penalties, late payment penalties and interest could be applied.

The CIOT has published the latest HMRC Stakeholder Digest (10 February 2022) which provides a round-up of the latest news and updates on Making Tax Digital for VAT, CJRS and umbrella company market.

A House of Lords Library briefing paper summarises all stages in the Finance Bill’s progress through Parliament with details of all agreed amendments, together with the Lords’ Economic Affairs Finance Bill Sub-committee’s views on basis period reform and the new requirement for large businesses to notify uncertain tax treatments to HMRC.

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

New EU proposals have been published which propose an extension of anti-fraud reverse charge powers contained within the VAT Directive.

This Order specifies the standard rate and lower rate for Scottish landfill tax for disposals on or after 1 April 2022.

These Regulations set out the detailed administrative requirements for the Plastic Packaging Tax which was introduced in Finance Act 2021. In particular, the regulations provide detailed definitions which establish when a plastic packaging component is finished and therefore becomes chargeable for the purposes of the tax. These Regulations come into force on 1 April 2022.

HMRC has published a new VAT Brief which explains HMRC's revised policy on VAT early termination payments and compensation payments and replaces Revenue and Customs Brief 12 (2020).

HMRC has announced that the interest rates for late payments will be revised. This follows from the Bank of England’s (BoE) Monetary Policy Committee vote on 2 February 2022 to increase the BoE interest rate from 0.25% to 0.50%.

The CIOT and Low Incomes Tax Reform Group (LITRG) have responded to the inquiry by the Finance Committee of the Senedd Cymru (Welsh Parliament) into the Welsh Tax Acts etc. (Power to Modify) Bill.

HMRC has substantially updated its disclosure of tax avoidance schemes (DOTAS) guidance. New topics covered include HMRC’s powers, introduced in the

HMRC has updated its plastic packaging tax guidance on including components in the total weight of finished plastic packaging components manufactured in or imported to the UK in the accounting period.

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

The CIOT has published the latest HMRC Stakeholder Digest (26 January 2022) which provides a round-up of the latest news, including the late payment of voluntary Class 2 NICs and the delayed introduction of the new VAT penalty regime.

Finance Bill 2022 will be considered at Report Stage in the House of Commons on 2 February 2022. The government has proposed a number of amendments which are expected to be approved at this final stage for changes.

HMRC has published Agent Update issue 92 (January 2022) providing a round-up of recent developments for tax agents and advisers.

The Chartered Institute of Taxation (CIOT) has responded to the BEIS, HMT and HMRC consultation on Corporate Re-domiciliation.

The planned reform of the VAT penalties and interest regime for late filing and payment will be delayed until 1 January 2023.

The Chartered Institute of Taxation (CIOT) has shared HMRC guidance on how businesses should account for VAT while waiting for HMRC to approve (or otherwise) their VAT grouping applications.