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1 August 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has published an updated version of its agent toolkit for capital allowances for plant and machinery for 2021–22.

These Regulations bring into force most of the provisions of Part 1 of the Economic Crime (Transparency and Enforcement) Act 2022 relating to the registration of overseas entities.

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.

HMRC has published an updated version of its agent toolkit for property rental income for 2021–22.

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

The ATT and CIOT are calling on HMRC to publish ‘detailed practical guidance’ setting out taxpayer obligations under Making Tax Digital for Income Tax Self-Assessment, and to ‘objectively review’ the proposed timetable for implementation.

HMRC has published new compliance factsheets on facilitating avoidance schemes involving non-resident promoters. The factsheet on failure to comply with stop notices has been updated.

These Regulations provide 1 August 2022 as the appointed day for the amendments made by Schedule 5 to the Finance Act 2021 to come into force.

The CIOT has raised concerns regarding the lack of detail in the draft notices made under regulations 3, 8, 12 and 16 of the Income Tax (Digital Requirements) Regulations 2021,

These Regulations provide for the electronic delivery of documents, the protection of certain information and the inclusion of corporate trustees for the purposes of the Register of Overseas Entities in accordance with Part 1 of the Economic Crime (Transparency and Enforcement) Act 2022.

HMRC has clarified that, with one exception, a CGT UK property return must be filed even if the disposal has already been reported on a self-assessment tax return.

The Department for Business, Energy & Industrial Strategy (BEIS) has published a summary of responses to the employment status framework consultation, together with new sets of employment status guidance (employment rights purposes rather than tax) for employees, employers and legal and HR professionals.

HMRC has updated its guidance to provide details of the process to be followed in order to report the disposal of UK property or land to HMRC.

25 July 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

These Regulations amend The Customs (Additional Duty) (Russia and Belarus) Regulations, SI 2022/376 to increase import duty on specified Russian and Belarusian goods in response to the invasion of Ukraine.

HMRC has updated Notice 700/56 to add a new section on set-off and preferential debts.

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.

HMRC has developed a new VAT Registration Service which will see all new taxpayers automatically signed up for Making Tax Digital for VAT from 1 August 2022.

HMRC’s Stakeholder Digest (20 July 2022) provides a round-up of recent news including Legislation Day and HMRC’s annual report and accounts for 2021–22.