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HMRC has published the synthesised text of the UK’s double tax convention with Mauritius as modified by the Multilateral Instrument (MLI).

The Pacific Islands Tax Administrators Association (PITAA) has joined the Global Forum on Transparency and Exchange of Information for Tax Purposes.

HMRC has updated its import, export and customs guidance to reflect the post-Brexit regime. The update covers the period from 8 November 2021 to 15 November 2021.

HMRC has published new guidance on claiming enhanced capital allowances and structures and buildings allowances in a designated Freeport tax site. These reliefs can be claimed until 30 September 2026.

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.

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

The European Parliament has formally adopted a directive to amend the Accounting directive 2013/34/EU.  The Directive will enter into force 20 days after publication in the Official Journal. Member states will  have 18 months to transpose the law meaning that businesses are expected to need to comply with the first provisions of the directive by the middle of 2024.

HMRC has updated its Coronavirus statutory sick pay rebate scheme guidance for employers to reflect that EU state aid rules no longer apply in the UK.

HMRC has published new guidance setting out how HMRC deals with customers who receive a joint and several liability notice for a company that has received COVID-19 support payments, including conditions for giving a notice and safeguards.

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.

HMRC has updated its import, export and customs guidance to reflect the post Brexit regime. The update covers the period from 1 November 2021 to 8 November 2021.

The Chartered Institute of Taxation (CIOT) has published an HMRC Stakeholder Digest (4 November 2021) providing a round-up of the latest news and updates for members, and their customers and clients.

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

These Regulations amend the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations, (SI 2017/692) to update the list of ‘high risk third countries’.

HMRC has updated its policy paper on ‘Extended Loss Carry Back for Businesses’ to clarify in the section on 'Loss carry-back allocation statement requirements' that such statements are only required to list members of the 2020 or 2021 group (as appropriate) if they are within the charge to CT.

HMRC has published employer data for Coronavirus Job Retention Scheme (CJRS) claim periods from December 2020 to August 2021.

The Organisation for Economic Co-operation and Development (OECD) has announced that Mauritania has joined the Inclusive Framework on BEPS and become its 141st member.

Ahead of the introduction of Plastic Packaging Tax from 1 April 2022, HMRC has launched a consultation to seek views on the technical application of draft Plastic Packaging Tax (General) Regulations 2021.

The Welsh Government has published a Tax Policy Framework Update and a Tax Policy Work Plan setting out strategic tax priorities for the 2021–2026 Senedd term.

Finance Bill 2022 was published on 4 November 2021.