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HMRC has published a new VAT Brief which explains how businesses should file their VAT returns while waiting for a decision on their VAT grouping application.

HMRC has updated its guidance to state that COVID-19 may be a reasonable excuse for late filing of  2020-21 self-assessment tax returns.

HMRC has confirmed that more than one million taxpayers have filed their late tax returns in February taking advantage of the extra time to complete their self-assessment without facing a penalty.

Bahrain and Romania have deposited their instruments of approval or ratification with the OECD for the BEPS Multilateral Convention.

The National Insurance Contributions Bill is in the final stages of progressing through Parliament. On 1 March 2022, the House of Commons considered the House of Lords’ amendments, rejecting those proposed by the opposition parties that had been accepted by the House of Lords.

Following the publication of maps by HMRC to delineate sites within each of the East Midlands, the Liverpool City and the Solent Freeports, three Regulations have been laid to designate those sites as Freeport Tax Sites from 22 March 2022.

The OTS has published an evaluation update paper on the High Income Child Benefit Charge (HICBC) and its wider implications. The note considers the operation and collection of the HICBC, including how child benefit is claimed and how this relates to the HICBC and other matters, such as national insurance credits and the provision of National Insurance numbers.

HMRC has published a new VAT Brief which explains how end-customer claims for refunds of VAT overpaid to a supplier are affected by the UK’s withdrawal from the EU. The Brief replaces Revenue and Customs Brief 4 (2017).

The OECD has released the third batch of 2021-2022 updates to the transfer pricing country profiles, reflecting the current transfer pricing legislation and practices of 28 jurisdictions.

The ATT has responded to HMRC’s consultation on stamp duty land tax (SDLT) on mixed-property purchases and Multiple Dwellings Relief (MDR). The ATT is supportive of HMRC’s plan to crack down on SDLT tax avoidance when people buy residential property, but is concerned that HMRC’s proposals to tackle one aspect of the problem will add uncertainty for the purchaser about final purchase cost, complexity that affects both sellers and buyers and could delay the buying process - as well as resulting in increased SDLT bills.

The OTS has published an evaluation update paper on the Single Customer Account, which is one of four separate notes accompanying the OTS’s everyday tax evaluation paper, providing an update on its 2019 reviews about simplifying everyday tax for smaller businesses and taxation and life events.

HMRC has announced the outcome of its consultation on the technical guidance for the government’s new policy on the notification of uncertain tax treatment by large business.

HMRC has launched a consultation to gather evidence and inform government policy on the proposal for an online sales tax (OST) as a means to rebalance the taxation of the retail sector between online and in-store retail. The consultation will run from 25 February to 20 May 2022.

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

HMRC has updated its import, export and customs guidance to reflect the post-Brexit regime. The update covers the period from 21 February 2022 to 28 February 2022.

HMRC has published pension schemes newsletter 137, to update stakeholders on the latest news and updates regarding pension schemes.

These Regulations makes changes to the Income Tax Act 2007 (ITA 2007) to ensure that qualifying maintenance payments made pursuant to a UK court order or a written agreement under the law of the UK, continue to qualify for income tax relief following the UK's withdrawal from the European Union (EU). These Regulations come into force on 18 March 2022.

HMRC has published new guidance on the rules for transferring the basic tax-free allowance (nil rate band) to a surviving spouse or civil partner.

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.