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HMRC has updated its guidance to confirm the introduction of a new, UK-wide Health and Social Care Levy which is based on National Insurance contributions.

HMRC has updated its guidance with additional information in section 6 to reflect changes to the VAT treatment of distance selling between Northern Ireland and the EU with effect from 1 July 2021.

HMRC has updated its guidance with information about unincorporated associations and clubs, and payment of corporation tax.

HMRC has updated its disclosure guidance where the tax loss involves an offshore matter or offshore transfer which makes the loss of tax significantly harder to identify.

HMRC has provided an update regarding penalty assessments in relation to protective assessments issued earlier this year on Worldwide Disclosure Facility (WDF) cases.

These Regulations amend the VAT Regulations (SI 1995/2518) to extend to VAT registered entities with taxable turnover below the VAT registration threshold the scope of an existing requirement to keep digital records and submit VAT returns to HMRC using compatible software.

To help fund the government’s social care plans NIC rates will increase by 1.25% and tax on dividends will increase by 1.25% from April 2022.

The government spending plans are to be set out at the Spending Review on 27 October 2021 alongside an Autumn Budget.

For 2022–23, the earnings element on which the annual increase in the state pension is calculated will be set aside.

HMRC has provided the Chartered Institute of Taxation (CIOT) with information about its dedicated Customer Engagement and Support Team (CEST) and the support it can offer mid-sized business customers with complex tax issues.

These Regulations bring the provisions of Chapter 5 of the Customs (Northern Ireland) (EU Exit) Regulations 2020 (SI 2020/1605) into force, for certain purposes, from 4 September 2021.

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.

6 September 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 import, export and customs guidance to reflect the post Brexit regime. The update covers the period from 31 August 2021 to 6 September.

The Law Society has responded to HMRC’s consultation on basis period reform which closed on 31 August 2021.

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

HMRC has announced that the Trust Registration Service (TRS) is now open for non-taxable trust registrations.

HMRC has updated its guidance on accounting for import VAT on the VAT return, to address a problem with monthly VAT statements which has caused difficulties for businesses which use simplified declarations for imports.

Algeria has joined the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Jamaica and Ukraine have committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2022 and 2023 respectively.