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HMRC has offered advice to businesses in Great Britain on how to submit their delayed customs import declarations for non-controlled goods imported from the EU.

HMRC has updated its guidance for trustees to add information on updating trust details for trusts registered before May 2021, proof of registration and closing a trust.

HMRC has announced ‘imminent’ changes to the Agent Services Account (ASA) homepage.

HMRC has updated its guidance on how to use the Check Employment Status for Tax (CEST) tool to reflect the 6 April 2021 changes to the off-payroll working rules.

HMRC has updated its guidance with an explanation of what the words 'importation of goods' and the 'exportation of goods' cover.

HMRC has updated its guidance on the rules for registering a trust using the Trust Registration Service (TRS).

HMRC has updated its guidance to reflect its changed position on the treatment of donations via waived refunds and loan repayments.

The OECD and the Cercle de réflexion et d’échange des dirigeants des administrations fiscales (CREDAF) have signed a renewal of their Memorandum of Understanding (MoU) to extend their collaboration in promoting fair and efficient tax systems.

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.

The Public Bill Committee finished its consideration of the Finance Bill on 27 April, approving all Government amendments. No date has yet been set for Report Stage.

3 May 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 26 April 2021 to 3 May 2021.

A consultation has been launched on the design of the new Residential Property Developer Tax (RPDT). The tax is one of the government’s measures to bring an end to unsafe cladding, provide reassurance to homeowners and support confidence in the housing market. The consultation closes at 11:45pm on 22 July 2021.

KPMG Germany has produced a report on the impact for business of Brexit, 100 days after the end of the transition period.

The Financial Services Bill has received Royal Assent and is now law. Among other things, the Financial Services Act contains measures that enable the implementation of the remaining Basel III standards and a new prudential regime for investment firms, and give the Financial Conduct Authority (FCA) additional powers to oversee an orderly transition away from the LIBOR benchmark.

HMRC has updated its guidance on stamp duty reliefs and exemptions to confirm stock transfer forms stamped under the new stamp duty procedures will be ‘duly stamped’.

HMRC has published new guidance which details how and what agency workers or contractors will be paid if they work through an umbrella company.

The Association of Taxation Technicians (ATT) has shared HMRC’s update on changes to the PAYE online for agents service.

The Council of the European Union adopted the decision on the final conclusion of the EU-UK Trade and Cooperation Agreement (TCA) (as well as the Security of Information Agreement (SIA)) on 29 April 2021. With internal EU ratification procedures finalised, the UK will be notified of the outcome, while the agreements and accompanying texts are to be published in the Official Journal of the European Union (OJEU) by 30 April 2021. Both the TCA and SIA will then enter into force on 1 May 2021. Commenting on this development, Laura Rees-Evans of Fietta LLP notes the welcome certainty that ratification of the deal provides.

These Regulations give effect to preferential import duty arrangements resulting from various free trade agreements entered into between the UK and other countries.