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Moldova has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2023.

HM Treasury has published the outcomes of its consultation on the Economic Crime (Anti-Money Laundering) Levy (ECL), which would be paid by entities subject to the Money Laundering Regulations (MLRs) to help fund new government anti-money laundering (AML) action and help deliver the reforms committed to in the 2019 Economic Crime Plan. The government has decided that AML regulated entities will first be charged the levy during the year 1 April 2022 to 31 March 2023. The government has also published a policy paper introducing the draft legislation.

The Treasury has announced a 12-month delay to the introduction of Making Tax Digital for Income Tax, which will now be brought in for the 2024–25 tax year. Basis period reform is also to be moved back by 12 months.

The Courts and Tribunals Judiciary (CTJ) has published the Senior President of Tribunals’ 2021 Annual Report. This is Sir Keith Lindblom’s first report since taking the role in September 2020.

HMRC has updated its guidance with new information about assessments, inspection powers, modifications and restrictions on power to publish information.

HMRC has updated its guidance on the sale of plants which may be zero-rated when they are held out for sale for the production of edible fruit.

The London Property Support Lawyers Group has released new versions of CPSE1, CPSE5 and CPSE7.

The Court of Justice issued its judgment in Case C- 337/19 P Commission v Belgium and Magnetrol International, an appeal to the Court of Justice against the General Court’s judgment in Case T- 131/16 which upheld an action for annulment of the Commission’s 2019 decision concerning selective tax advantages granted by Belgium under its excess profit tax scheme (SA.37667). The Court of Justice held that the General Court’s judgment should be set aside to the extent that the General Court made several errors in the interpretation and application of Article 1(d) of Regulation 215/1589. However, the Court of Justice concluded that the case should be referred back to the General Court for it to rule on two outstanding grounds of appeal, which were raised at first instance relating to whether the Belgium scheme constituted State aid and the legality of the Commission’s order to recover aid granted under the scheme.

HMRC has published two new guidance on how businesses registered for the OSS Union scheme should complete and submit the One Stop Shop (OSS) Return and pay their VAT due.

HMRC has launched a consultation on the draft legislation for the Residential Property Developer Tax (RPDT) ahead of its inclusion in the 2021-22 Finance Bill.

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

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 13 September 2021 to 20 September 2021.

HMRC has published the tax gap statistics showing that it was 5.3% for the tax year 2019-20.

The Chartered Institute of Taxation (CIOT) has commented on the Finance Bill 2021-22 draft legislation on Pensions.

HMRC has published Agent Update issue 88 (September 2021) providing a round-up of recent developments for tax agents and advisers.

HMRC has updated Notice 701/20 to reflect the extension of the temporary reduced rate of VAT for tourism and hospitality.

The Office of Tax Simplification (OTS) has published a report setting out its analysis of the benefits, costs, and wider implications of a change to the date of the end of the tax year for individuals.

The Chartered Institute of Taxation (CIOT) has made a proactive submission on issues that it considers exist in the current legislation on Employee Ownership Trusts (EOTs).

The Chartered Institute of Taxation (CIOT) has commented on the Finance Bill 2021-22 draft legislation on clamping down on promoters of tax avoidance.