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Details of updates to HMRC import, export and customs guidance for the period from 29 January 2024 to 5 February 2024

5 February 2024 - 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.

The synthesized text of the Multilateral Instrument and the 2013 UK-Norway Double Taxation Convention have been added to the HMRC tax treaties page.

HMRC has updated its VAT notice on installing energy-saving materials and grant-funded heating equipment.

Information has been added on paying voluntary National Insurance contributions if an individual has lived or paid social security contributions in an EU country, Iceland, Liechtenstein, Norway, Switzerland or Turkey.

HMRC’s latest Digest (30 January 2024) provides short updates on various topics, including an enforcement notice on misleading repayment agent adverts and changes to paternity leave and pay from 8 March 2024.

HMRC has launched a consultation on draft regulations to update existing regulations on the use of trade losses for corporation tax purposes in the event of transfers of business by building societies.

The OECD has released the Forum on Tax Administration's International Compliance Assurance Program (ICAP)’s first set of data for multilateral risk assessments of participating MNE groups, covering cases completed by October 2023. It reports that 40 percent of the groups had low-risk assessments regarding key transfer pricing risk areas.

HMRC has launched a technical consultation seeking views on draft regulations to make changes to the calculation of pension input in a legacy public service pension scheme against the Annual Allowance.

29 January 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

The UK government has put forward amendments to Finance Bill 2024 provisions on R&D, the creative sector tax reliefs and the electricity generator levy, to be considered at Report Stage on 5 February 2024.

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.

Details of updates to HMRC import, export and customs guidance for the period from 22 January 2024 to 29 January 2024

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Legislation has been included in Finance Bill 2024, clause 17 to give HMRC the power to make regulations to address the over-collection of tax in cases of non-compliance with the off-payroll working (IR35) rules. HMRC has now published draft regulations for consultation.

These Regulations specify the conditions that must be met in order for a payment to fall within the definition of an ‘accommodation allowance’ for the purposes of

These Regulations are made to amend the National Minimum Wage Regulations 2015,

HMRC has updated Notice 700/2 on VAT groups with changes relating to late payment and submission penalties and the group application process.

The UK Supreme Court (UKSC) has published a practice note issued by President of the Supreme Court and Chairman of the Judicial Committee, Lord Reed, on 22 January 2024, in respect of the UKSC and Judicial Committee of the Privy Council (JCPC). Lord Reed has noted that the UKSC and JCPC have made substantive changes in the UKSC and JCPC Practice Direction (PD) 3 on applications for permission to appeal; JCPC PD 4 on notice of appeal; UKSC and JCPC PD 6 on the appeal hearing; and UKSC and JCPC PD 7 on applications, documents, forms and order. These changes are effective from 22 January 2024.