½Û×ÓÊÓƵ

The OECD/G20 Inclusive Framework on BEPS has concluded negotiations on a multilateral instrument that will protect the right of developing countries to ensure multinational enterprises pay a minimum level of tax on a broad range of cross-border intra-group payments, including services.

A new Practice Direction requires documents to be submitted to the Upper Tribunal electronically via the Tribunal’s CE-File secure online portal.

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 26 September 2023 to 3 October 2023.

The Trader Support Service (TSS) that helps those moving goods between Great Britain and Northern Ireland has been extended until December 2024.

HMRC’s latest Digest provides short updates on basis period reform, registering for VAT and recently announced service changes.

3 October 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

The CIOT has responded to the Treasury consultation: ‘Reforming anti-money laundering and counter-terrorism financing supervision’.

HMRC has issued a new toolkit intended to help advisers consider whether clients who have used the remittance basis have made taxable remittances.

The draft legislation has been amended to include safe harbours and other features of the OECD’s latest administrative guidance.

The CIOT has responded to HMRC’s consultation: ‘Taxation of Employee Ownership Trusts and Employee Benefit Trusts’.

Eswatini has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the BEPS Multilateral Instrument). Armenia and Côte d'Ivoire have also deposited their instruments of ratification.

The Government has announced that the War Widow (er)s Recognition payment of £87,500 will be exempt from income tax and National Insurance Contributions

The OECD has published the latest outcomes of the implementation of BEPS Action 13 on the transparency of global operations of large MNEs.

HMRC has updated its guidance to explain what deposit holders need to do before the Certificate of Tax Deposit (CTD) Scheme closes on 23 November 2023.

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.

25 September 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

Details of updates to HMRC import, export and customs guidance for the period from 20 September 2023 to 25 September 2023.

HMRC has updated its VAT notice on health professionals and pharmaceutical products, making various minor changes throughout the guidance.

HMRC has published Agent Update issue 112 (20 September 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.