Latest news and announcements from HM Revenue & Customs (HMRC).
The Business Income Manual has been updated. This update covers legislative changes, including the Tax Law Rewrite, and introduces new chapters on the Simpler Income Tax rules. It also covers accountancy changes introduced by new UK Generally Accepted Accounting Practice.
HMRC has reviewed and republished the toolkits affected by the recent update of the HMRC Business Income Manual (BIM).
HMRC is changing the basis of taxation from 'place of supply' to 'place of consumption' for Remote Gaming Duty, General Betting Duty and Pool Betting Duty.
Crude oils that are valued using Price Reporting Agency data, updated November 2013 have now been published.
HMRC is introducing another new message to help employers keep their PAYE up to date.
A Statutory Instrument was made on 31 October 2013 and a technical note has been published today on changes to the tax rules for unauthorised unit trusts and their investors.
Further update about the bulk dispatch of the 2014 to 2015 Payment Booklets to employers and the temporary suspension of dispatch of 2013 to 2014 Payment Booklets.
Draft clauses for Finance Bill 2014, explanatory notes, tax information and impact notes, guidance and technical notes, and responses to consultation on Budget announcements have today been published on GOV.UK.
Please note the following amendments to volume 2 of the printed Tariff and CHIEF applicable from 6 December 2013.
Common Customs Tariff - Combined Nomenclature -Tariff classification - Food supplement for human consumption.
UK Overseas Trade Statistics for trade in goods with non-EU countries are released today, for October 2013.
As 22 December is a Sunday, you may need to have cleared funds in HMRC's bank account by 20 December if you pay your PAYE electronically.
Version 39 of this guide has been published. It acts as a basic guide for anyone wishing to import or export goods. It is of great relevance to the trade.
Existing employers with nine or fewer employees will be able to report PAYE information on or before the last payday in the tax month until April 2016.
This Brief confirms the continuation of VAT reverse charge for mobile phones, computer chips and emissions allowances.
Following the publication of EU Regulation 608/2013 there has been significant changes in the procedure to be adopted by all parties. The PN is changed to reflect these changes
Further documents will be published on 10 December including draft clauses for Finance Bill 2014, Tax Information and Impact Notes and Responses to Consultation on Budget announcements.
We are now commencing bulk dispatch of the 2014-15 Payment Booklets to Employers.
UK Regional Trade Statistics for trade in goods with EU and non-EU countries are released today, for the third quarter of 2013.
Preliminary estimate of the VAT gap for 2012-13 based on full year consumer expenditure data.
The Autumn Statement 2013 has been made by the Chancellor of the Exchequer, George Osborne.
These tables provide estimates of the effects of various illustrative tax changes on tax revenues.
All Stamp Taxes offices will be closed on 27 December 2013.
New document code - C640 for Common Veterinary Entry Document (CVED) covering third country imports of live animals.
The bi-monthly round up of the latest developments in tax, HMRC service and consultations for accountants and tax professionals and a section on the latest news and issues from the Working Together network.
HMRC is seeking views on legislation about Real Time Information including penalties, direct collection and exempt employers.
Community/common transit declarations: Completion of Box 18 (Identity and nationality of means of transport).
Tables showing the Indexation Allowance for assets disposed of in October 2013 are now available.
This CIP provides additional information about cancellation of the ICS planned system downtime.
The Additionally-developed Oil Fields Order 2013.
The latest update on additional Russian measures affecting TIR and transit movements in the Russian Federation.
HMRC will no longer send a Complaints factsheet to agents who complain about Self Assessment or Income Tax.
Tariff Preference: Revisions to GSP.
November 2013 the UK has signed Intergovernmental Agreement to Improve International Tax Compliance with Bermuda, Montserrat, the Turks and Caicos Islands and the British Virgin Islands.