What's new

The thirty second Pensions Tax Simplification newsletter has been published today.

Statistics as pre-announced are available.

The introduction of a new approach involving a greater focus on risk and the active monitoring of enquiries.

Pre-release update.

Further information about the provisions of Pan- Euro-Med cumulation.

We have published a Response Document which contains a summary of the comments received on the draft clauses published with Paper CC/SC (07) 21. The document also shows how we have dealt with the comments received.

Pension Schemes Services (PSS) has today published an update to the QROPS list.

Information about the Authorised Economic Operator (AEO) scheme.

The availability, under interim arrangements, of improved preferential rates of duty for products originating in certain African, Caribbean and Pacific states.

Minutes of the 24 October 2007 have been published.

We have published a Response Document which contains a summary of the comments received on the draft clauses published with Paper CC/SC (07) 21. The document also shows how we have dealt with the comments received.

Opening of containers, bags, etc for customs examination.

The latest tables for monthly transactions are now available.

The Q&A arising from workshops for agents have been updated and added to.

New December tables to go with the April publications.

The new draft versions in PDF format are now available.

EC-China Smart and Secure Trade Lanes Pilot Project (SSTL). Volunteers needed to participate in trial.

People thinking of filing their Self Assessment (SA) tax returns online this year can now watch a video podcast to show them how it's done.

Daytime full time - part time administative officers in Cardiff have been advertised today.

Daytime full time - part time administative officers in Sunderland have been advertised today.

Permanent Contact Centre Advisor position at Merry Hill has been advertised today.

A video podcast showing how to use the Self Assessment online system is now available.

Permanent Contact Centre Advisor position at Emerald Court, Brackenhill Business Park, Peterlee has been advertised today.

Links to other websites of interest to Child Benefit customers.

Statistics updated for Tax receipts and taxpayers in December.

The renewal of the derogations from the rules of origin for certain fishery products in tariff headings 0303, 0304 and 0307.

The Statutory Payment rates for 2008-09 were published on 10 December 2007 and this table provides the daily rates for SSP.

Draft clauses and Explanatory Notes on Partnership losses have been published for public consultation. Comments on the latest set of draft clauses are invited by 28 March 2008.

The Schedules for December and January have been updated today.

Items in this edition include: zero-rating of intra-Community trade. Do you earn commission as a sub-agent in the travel industry? Do you provide management services to investment trust companies? Are you the owner of a care home or similar building?

A new Child Benefit payment calculation tool has been introduced, which will allow 4 weekly paid customers to view when their next payment is due.

The Real Estate Investment Trusts (Breach of Conditions) (Amendment) Regulations 2007.

Memorandum to the Real Estate Investment Trusts (Breach of Conditions) (Amendment) Regulations 2007.

The December edition of the IHT & Trusts Newsletter is now available.

Permanent AO positions at Bradford Contact Centre have been advertised today.

The Employer-Financed Retirement Benefits (Excluded Benefits for Tax Purposes) Regulations 2007.

Explanatory Memorandum to The Employer-Financed Retirement Benefits (Excluded Benefits for Tax Purposes) Regulations 2007.

The Real Estate Investment Trusts (Financial Statements of Group Real Estate Investment Trusts) (Amendment) Regulations 2007

Explanatory Memorandum to The Real Estate Investment Trusts (Financial Statements of Group Real Estate Investment Trusts) (Amendment) Regulations 2007.

The Registered Pension Schemes (Meaning of Pension Commencement Lump Sum) (Amendment) Regulations 2007.

Explanatory Memorandum to The Registered Pension Schemes (Meaning of Pension Commencement Lump Sum) (Amendment) Regulations 2007.

The Registered Pension Schemes (Authorised Member Payments) Regulations 2007.

Explanatory Memorandum to The Registered Pension Schemes (Authorised Member Payments) Regulations 2007.

The findings of HMRC’s Capability Review were published by the Cabinet Office in December 2007.

Form that is required to be completed and forwarded to Stamp Taxes, Birmingham in respect of denoting and stamping Bearer Instruments.

Form that is required to be completed and forwarded to Stamp Taxes, Birmingham in respect of denoting and stamping Bearer Instruments.

This guidance supersedes the draft guidance that accompanies the draft changes to the Controlled Foreign Companies rules published at PBR 2006 on 6 December 2006.

The pilot will encompass Large Business Service customers in the Retail sector and business customers, across all sectors, whose tax affairs are handled by offices within the North West & Midlands group of Local Compliance.

The Government has published a Technical Note containing detailed proposals and draft legislation for the new payable tax credit for enhanced capital allowances announced at Budget 2007. Comments are invited by 15 February 2008.

The FST today announced that the Government is publishing a technical note including draft legislation on the capital allowances changes announced at Budget 2007.

We are pleased to announce that online filing is now the most preferred method of filing SDLT, accounting for 44% of all transactions.

We have updated our guidance for companies or their advisers who are considering using email to send us certain statutory clearance applications about corporate reconstructions.

Commission regulation (EC) No 1345/2007 of 15 November 2007 concerning the classification of certain goods in the Combined Nomenclature.

HM Revenue & Customs Interest Rates - Quarterly instalment payments, and early payments of Corporation Tax not due by instalments.

Impact Assessment of Including Benefits in Kind and Expense Payments in the Payroll - see also the consultation document Including Benefits in Kind and Expense Payments in the Payroll.

PAYE Month 8 - period ending 5 December 2007. If you pay electronically HMRC must receive your payment by 22 of the month.

Transaction reporting to a Multilateral Trading Facility, Recognised Foreign Exchange or Recognised Foreign Options Exchange.

Explanatory Memorandum to The Double Taxation Relief and International Tax Enforcement (Taxes on Income and Capital) (Faroes) Order 2007.

The Double Taxation Relief and International Tax Enforcement (Taxes on Income and Capital) (Faroes) Order 2007.

Explanatory Memorandum to The Double Taxation Relief (Taxes on Income) (Switzerland) Order 2007.

The Double Taxation Relief (Taxes on Income) (Switzerland) Order 2007.

Explanatory Memorandum to The Recovery of Duties and Taxes Etc. Due in Other Member States (Corresponding UK Claims, Procedure and Supplementary) (Amendment) Regulations 2007.

The Recovery of Duties and Taxes Etc. Due in Other Member States (Corresponding UK Claims, Procedure and Supplementary) (Amendment) Regulations 2007.

Explanatory Memorandum to The Recovery of Foreign Taxes Regulations 2007.

The Recovery of Foreign Taxes Regulations 2007.

Explanatory Memorandum toThe Income Tax Act 2007 (Amendment) (No. 3) Order 2007.

The Income Tax Act 2007 (Amendment) (No. 3) Order 2007.

A draft Provision of Information (Amendment) regulation has been published today

Draft clauses and Explanatory Notes on Tax arbitrage have been published for public consultation. Comments on the latest set of draft clauses are invited by 31 March 2008.

Duty treatment of mixtures of ultra low sulphur diesel and sulphur-free diesel from 4 September 2007.

Explanatory Memorandum to The Insurance Business Transfer Schemes (Amendment of the Corporation Tax Acts) Order 2008.

The Insurance Business Transfer Schemes (Amendment of the Corporation Tax Acts) Order 2008.

The Income Tax (Indexation) (No. 2) Order 2007.

The FST announced today that the Government will take action against two types of avoidance involving the leasing of plant or machinery. The proposed legislation, which will take effect from today, is described in a Technical Note. Comments are invited by 14 February 2008.

The Stamp Duty Land Tax (Zero-Carbon Homes Relief) Regulations 2007 were laid in Parliament on 18 October 2007 and came into force on 7 December 2007.

We have today published updated versions of the guidance for local authorities/health trusts and a new set of Frequently Asked Questions in respect to looked after children.

Reminder - where to send VAT Registration application forms -From 1 October 2007 our Wolverhampton office became the principal processing office for VAT registration and deregistration applications.

In developing an MSC Audit Standard, issues have arisen regarding the precise extent to which HMRC's legal powers permit such an Audit Standard.

The Negligible Value List has been updated to include New Negligible Value Agreements in November.

Form FEU1 is the quarterly return of payments made to non-resident entertainers, sportsmen and sportswomen. If there is insufficient space on the return to enter details of all payment, please follow this link to download and print a copy of the continuation sheet.

Import of high sugar content products.

HMRC has today published guidance on the tax implication for Scheme Administrators that enter into this type of transaction.

An update of Interets Rates table with new interest rate effective from 07.12.07 has been published today.

This guidance reflects our current understanding on how we can best deliver tax compliance risk management for our LBS customers.

Pension Schemes Services (PSS) has today published an update to the QROPS list.

Inward Processing Relief (IPR) - issue of revised notice 221.

As part of our drive to improve customer service, from Monday 10 December all work undertaken in our Newcastle Stamp Office has moved to Birmingham.

Publication of 2 reports summarising the results of Research Report 38 - qualitative research into saving in ISAs and an HMRC Working paper - Individuals' attitudes to ISAs: the effect of ISAs on Peoples' savings behaviour.

Details of the rates for all Statutory Payments for 2008 - 2009 have been published today.

The Category 1 Crude Oil Values has been updated today.

HM Revenue & Customs (HMRC) is advising businesses to be ready for the new Money Laundering Regulations (MLRs) that come into effect on 15 December 2007.

The Overseas Life Insurance Companies (Amendment No. 2) Regulations 2007.

Memorandum to the Overseas Life Insurance Companies (Amendment No. 2) Regulations 2007.

The Value Added Tax (Reduced Rate) (No. 2) Order 2007.

Memorandum to the Value Added Tax (Reduced Rate) (No. 2) Order 2007.

The Insurance Companies (Overseas Life Assurance Business) (Excluded Business) (Amendment No. 2) Regulations 2007.

Memorandum to the Insurance Companies (Overseas Life Assurance Business) (Excluded Business) (Amendment No. 2) Regulations 2007.

The Stamp Duty Land Tax (Zero-Carbon Homes Relief) Regulations 2007.

Memorandum to the Stamp Duty Land Tax (Zero-Carbon Homes Relief) Regulations 2007.

Following the closure of the review of residence and domicile personal tax rules, the Government have published a consultation document.

The Loan Relationships and Derivative Contracts (Change of Accounting Practice) (Amendment) (No. 2) Regulations 2007.

Memorandum to the Loan Relationships and Derivative Contracts (Change of Accounting Practice) (Amendment) (No. 2) Regulations 2007.

The Loan Relationships and Derivative Contracts (Disregard and Bringing into Account of Profits and Losses) (Amendment No. 2) Regulations 2007.

Memorandum to the Loan Relationships and Derivative Contracts (Disregard and Bringing into Account of Profits and Losses) (Amendment No. 2) Regulations 2007.

The Insurance Companies (Taxation of Reinsurance Business) (Corporation Tax Acts) (Amendment) Order 2007.

Memorandum to the Insurance Companies (Taxation of Reinsurance Business) (Corporation Tax Acts) (Amendment) Order 2007.

From today, a system for 'lost' returns which was operated from the Newcastle Stamp Office will be provided from the Birmingham Stamp Office at the fax number: 0121 616 4536.

Publication of research report summarising the results of the Self Assessment Online Users survey.

Publication of research report summarising the results of the Self Assessment Online Registration survey.

The document 'Income shifting: a consultation on draft legislation' has been published today and is available on the HM Treasury website. If you wish to provide a response to the consultation document, please follow the procedures set out in Chapter 2 of the document. The closing date for responses is 28 February 2008.

This supplement cancels and replaces the April 2007 edition.

UK Regional Trade in Goods estimates are released today, for the third quarter of 2007.

Form R43 (2008) and R43 Notes (2008) are now available, for non-residents wanting to claim UK tax allowances for the 2007-08 tax year.

Draft Guidance Notes (version 2), which explain how the new ISA rules will operate from 6 April 2008, are now available. Until 6 April 2008 the existing guidance continues to have effect.

Status of the UK's double taxation conventions with the former Socialist Federal Republic of Yugoslavia. The Statement of Practice replaces and supersedes SP03/04.

Full Time and Part Time positions for Administative Officers in Cardiff have been advertised today.

Permanent Contact Centre Advisor posiitons in Bootle and Liverpool have been advertised today.

Draft legislation and explanatory notes.

The use of tax avoidance schemes has led to ever increasing complexity in tax legislation. Further information is now available.

Today we have published revised Advisory Fuel Rates to take effect from 1 January 2008.

New CFSP Information Paper 49/07 providing information on completion rules for CFSP declarations post SAD Harmonisation (SAD H).

The Bermuda Stock Exchange has been designated as a Recognised Stock Exchange for UK tax purposes. Please see the attached announcement for further details.

Explanatory Memorandum to The Scientific Research Organisations Regulations 2007.

The Taxation of Securitisation Companies (Amendment No.2) Regulations 2007.

The Taxation of Securitisation Companies Regulations 2007.

The Taxation of Securitisation Companies Regulations 2007.

Vacancies for Contact Centre Advisors are advertised today.

The Scientific Research Organisations Regulations 2007.

Memorandum to the Scientific Research Organisations Regulations 2007.

The Real Estate Investment Trusts (Joint Venture Groups) Regulations 2007.

Memorandum to the Real Estate Investment Trusts (Joint Venture Groups) Regulations 2007.

The Finance (No. 2) Act 2005, Section 13 (Corporation Tax Exemption for Scientific Research Organisations) (Appointed Day) Order 2007.

Permanent vacancies in London, Nottingham, Leeds, Manchester & Birmingham.

Clarification on the use of Temporary Storage (TS) within CFSP Local Clearance Procedure.

Changes to completion requirements for CFSP declarations.

The Taxation of Securitisation Companies (Amendment) Regulations 2007.

Memorandum to the Taxation of Securitisation Companies (Amendment) Regulations 2007.

The Securitisation Companies (Application of Section 83(1) of the Finance Act 2005: Accounting Standards) Regulations 2007.

Memorandum to the Securitisation Companies (Application of Section 83(1) of The Finance Act 2005: Accounting Standards) Regulations 2007.

A new tax information exchange arrangement between the United Kingdom and Bermuda was signed in London on 4 December 2007 by Meg Munn MP, Parliamentary Under-Secretary of State at the Foreign and Commonwealth Office and The Hon Paula A Cox JP, MP, the Deputy Premier and Minister of Finance of Bermuda.

Recent updates to Registered Pension Schemes Manual have today been published.

Permanent Contact Centre Advisors in St Austell have been advertised today.

A Tax Information Exchange Arrangement between the UK and Bermuda was signed in London on 4 December 2007.