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HMRC’s Stakeholder Digest (23 March 2023) provides a round-up of recent news and updates.

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 21 March 2023 to 27 March 2023.

HMRC is increasing the late payment rate of interest to 6.75%, and the repayment interest rate to 3.25% from 13 April 2023. Interest on quarterly instalment payments of corporation tax is also increased from 3 April 2023.

The OECD has published its fifth peer review report assessing the actions taken by jurisdictions to prevent tax treaty shopping and other forms of treaty abuse under Action 6 of the OECD/G20 BEPS Project.

Viet Nam joins international efforts towards greater tax co-operation and exchange of information and further strengthens the reach of the Convention in Asia.

HMRC has published Agent Update issue 106 (22 March 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

This Order provides for limited exemptions from income tax, capital gains tax, inheritance tax, stamp duty and stamp duty reserve tax to be given in respect of securities issued by the Caribbean Development Bank, Asian Infrastructure Investment Bank, and Inter-American Investment Corporation, international organisations of which the United Kingdom is a member.

The Supreme Court considered an appeal relating to whether the development financier legislation at

HMRC has updated its guidance on rates of interest on beneficial loan arrangements.

HMRC has updated its import, export and customs guidance to reflect the post-Brexit regime. The update covers the period from 14 March 2023 to 20 March 2023.

20 March 2023 - 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.

Revenue Scotland has decided to remove the 12 month authority to act time limit for agents

These Regulations increase the special rate of Class 2 NICs payable by share fishermen to £ 4.10 per week from 6 April 2023.

HMRC has published pension schemes newsletter 148.

HMRC has published Employment Related Securities (ERS) Bulletin 49.

Regulations have been laid to make it mandatory for employers to deliver P11D & P11D(b) information by an approved method of electronic communication.

These Regulations extend the deadline for paying voluntary National Insurance contributions (NICs) for tax years between 6 April 2006 and 5 April 2016, to 31 July 2023.

Mexico has deposited its instrument of ratification for the BEPS Multilateral Instrument.