What's new

This page shows what has been recently added to the site. For other listings please see our News Releases, Indirect taxes and duties updates and Guides and Business Briefs of ongoing changes and reforms to general tax and duty.

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31 January

Life Insurance Qualifying Policies Draft Statutory Instrument Regulations

The Life Insurance Qualifying Policies draft Statutory Instrument , Explanatory Memorandum and Appointed Date order have been published for comment by 28 February

2013-01-31
Authorised Contractual (tax transparent) funds (Opens new window)

HM Treasury and HM Revenue & Customs have published updated information and regulations.

2013-01-31
agents;ct;stamps
Statutory Instrument: SI 2013-67 (Opens new window)

The Finance Act 2009, Sections 101 and 102 (Machine Games Duty) (Appointed Day) Order 2013.

2013-01-31
vat;agents
Draft legislation for Finance Bill 2013: further legislation

Government has announced legislation for inclusion in the 2013 Finance Bill relating to Annual Residential Property Tax, 15 per cent SDLT, Capital Gains Tax on non-natural persons disposing of high value property and restriction of allowances in the oil and gas industry.

2013-01-31
agents,ct
Newly designated recognised stock exchange

The European Wholesale Securities Market has been designated as a recognised stock exchange.

2013-01-31
Details of HMRC Government Procurement Card (GPC) spending over £500

The monthly details of HM Revenue & Customs (HMRC) expenditure with suppliers via Government Procurement Card covering transactions that exceed £500.

2013-01-31
Procurement Dataset - all new items of HMRC spending over £25,000

The details of HM Revenue & Customs (HMRC) paid items for more than £25,000 for the month of December 2012 have been published.

2013-01-31
Statutory Instrument: SI 2013-13 and Explanatory Note (Opens new window)

The Taxation of Chargeable Gains (Gilt-edged Securities) Order 2013. The latest issue of gilts added to the list of those whose gains on disposal are exempt from tax.

2013-01-31
Tariff Stop Press Notice 03/13

Notification of changes to the monthly trade euro rate.

2013-01-31
National Statistics: Number of residential property transaction completions with value £40,000

Stamp Duty Land Tax: Liable and non-liable UK property transactions with value £40,000 or above.

2013-01-31
National Statistics: Trusts and estates (Tables 13.1 and 13.2)

Trusts and estates which make a full Self Assessment tax return.

2013-01-31
National Statistics: Income Tax statistics and distributions statistics

Income Tax statistics and distributions statistics tables 2.1 to 2.7 are now available.

2013-01-31
National Statstics: Personal income by tax year (tables 3.12 to 3.15a)

Statistics based on the Survey of Personal Incomes (SPI).

2013-01-31

30 January

VAT Notice 727/5 Retail schemes: How to work the Direct Calculations schemes

The latest version of this notice has now been published. This notice cancels and replaces the previous version in January 2011. Details of any changes can be found in paragraph 1.1.

2013-01-30
vat;agents
VAT Notice 701/49 Finance

The latest version of this notice has now been published. This notice cancels and replaces the previous version in November 2011. Details of any changes to the previous version can be found in paragraph 1.2.

2013-01-30
vat;agents
VAT Notice 701/21 Gold

The latest version of this notice has now been published. This notice cancels and replaces the previous version in October 2011. Details of any changes can be found in paragraph 1.1.

2013-01-30
vat;agents
New draft SI published amending the CCL (CHP Stations) Regulations 2005 (Opens new window)

The draft 'CCL (CHP Stations)(amendment) Regulations 2013' and an Explanatory Memorandum have now been published on the Legislation.gov website. When approved by the House of Commons and made, the regulations will make changes necessitated by the withdrawal, from 1 April 2013, of the CCL exemption for supplies made an electricity utility of electricity generated in a CHP station.

2013-01-30
Changes to pensions contracted-out enquiry services

The AGLS and COCIS services are now available to use. Issues remain with the COMMS and NINODOB services.

2013-01-30
agents
Second estimate of the VAT gap for 2011-12: Official Statistics release

The second VAT gap estimate for 2011-12 will be published on the same day as Budget 20 March 2013.

2013-01-30
Customs Information Paper (13) 03 (PDF 17K)

Clarification of the rules for the setting of time limits for transit movements.

2013-01-30

29 January

Customs Information Paper (13) 02 (PDF 16K)

A further extension of the derogation from the normal rules of origin for certain fishery products exported from the Falkland Islands.

2013-01-29
Customs Information Paper (13) 04 (PDF 21K)

Completion guidance for the Mode of Transport field on customs declarations.

2013-01-29
Customs Information Paper (13) 05 (PDF 22K)

Information regarding the EU-US AEO mutual recognition agreement and HM Revenue & Customs IT Systems has been published.

2013-01-29
Pensions Newsletter 56 (PDF 64K)

The January 2013 edition has now been published.

2013-01-29
2013-14 National Insurance contributions rates, limits and thresholds

HM Revenue & Customs has published the draft Social Security (Contributions) (Limits and Thresholds) (Amendment) Regulations 2013 and Social Security (Contributions) (Re-rating) Order 2013 for the 2013-14 tax year.

2013-01-29
agents

28 January

Notice 275 Customs: Export procedures

The latest version of this notice has now been published. This notice cancels and replaces the previous version in July 2012. Details of any changes to the previous version can be found in paragraph 1.1.

2013-01-28
vat

25 January

Beneficial loan arrangements - official rates

The official rate of interest for beneficial loans for 2013-14 remains unchanged at 4 per cent.

2013-01-25
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 118K)

HM Revenue & Customs has published an update to the QROPS list.

2013-01-25
Interim GAAR Advisory Panel membership

HMRC has published the membership of the interim GAAR Advisory Panel. The Panel will oversee the development of the new guidance.

2013-01-25

24 January

Consultation on Payroll Giving (Opens new window)

HM Treasury, the Cabinet Office and HM Revenue & Customs have published a consultation paper on improving Payroll Giving for comments by 19 April 2013.

2013-01-24
charities;ct;agents
Updates to the Inheritance Tax Manual

The manual updates highlight a change in HM Revenue & Customs (HMRC) thinking on specialty debts. They also make it clear that HMRC will deny claims to substitute a higher sale value for land or buildings sold within three years of the date of death.

2013-01-24
Settlement opportunity for participants in tax avoidance schemes - sole traders

HM Revenue & Customs has published the terms of the settlement opportunity open to participants in certain tax avoidance schemes which seek to exploit certain reliefs and allowances for sole traders.

2013-01-24
agents
Unauthorised Unit Trusts: draft guidance

HM Revenue & Customs has published draft guidance on proposed changes to the tax rules for Unauthorised Unit Trusts and their investors.

2013-01-24
agents

22 January

Using the right payment reference number

HM Revenue & Customs are contacting customers to explain why it's important to use the right payment reference numbers.

2013-01-22
agents
HMRC Grant Funding Programme 2011-12 results

HM Revenue & Customs have announced the results of the 2011-12 Grant Funding Programme.

2013-01-22
Self Assessment: make sure you use the right reference number

When making Self Assessment payments using Faster Payments by online/telephone banking or CHAPS you need to give the right reference number, called a Unique Taxpayer Reference (UTR).

2013-01-22
National statistics: Tax and National Insurance contributions receipts

Statistics as pre-announced have now been published.

2013-01-22
National statistics: Number of residential property transaction completions with value £40,000

Property Transaction completions with value £40,000 completed within the month of December 2012.

2013-01-22
Monthly property transactions - User Engagement Questionnaire (PDF 19K)

HM Revenue & Customs (HMRC) are currently reviewing the presentation of all property publications with the aim of standardising and improving the outputs, starting with the Monthly Property Transactions release. HMRC would like to invite comments or suggestions on the proposals from statistics users. To take part, see the user engagement questionnaire on the property statistics page. The closing date for responses is 8 February 2013.

2013-01-22

21 January

Defence income tax inheritance Tax Statutory Instrument (Opens new window)

The Visiting Forces and International Military Headquarters (EU SOFA) (Tax Designation) Order 2012.

2013-01-21
Defence Income Tax Inheritance Tax Stamp Duty Land Tax Statutory Instrument (Opens new window)

The Visiting Forces and International Military Headquarters (NATO and PfP) (Tax Designation) Order 2012.

2013-01-21
Corporation Tax on chargeable gains - Indexation Allowance - December 2012 (PDF 42K)

Tables showing the Indexation Allowance for assets disposed of in December 2012 are now available.

2013-01-21
agents;ct
Corporation Tax on chargeable gains - Indexation Allowance - November 2012 (PDF 42K)

Tables showing the Indexation Allowance for assets disposed of in November 2012 are now available.

2013-01-21
agents;ct
Error on GMP statements - defined contribution schemes closure scan

Technical problems with Guaranteed Minimum Pension (GMP) statement issue.

2013-01-21
agents

18 January

Avoidance: SRN withdrawn

From 29 November 2012 SRN 05170927 has been withdrawn and from 12 December 2012 SRN 84534910 has been withdrawn.

2013-01-18
Entry into force of the UK/Bahrain Double Taxation Agreement

The first time Double Taxation Agreement between the UK and Bahrain, which was signed in Manama on 10 March 2010, entered into force on 19 December 2012.

2013-01-18
UK-Belgium Double Taxation Agreement

The Protocol to the UK-Belgium Double Taxation Agreement entered into force on 24 December 2012.

2013-01-18
VAT Information Sheet 02/13

This Information Sheet explains there will be a change to the VAT rate within Cyprus.

2013-01-18
vat; agents
One HMRC bank account for employers from April 2013

From April 2013 employers will make their payments to the HM Revenue & Customs (HMRC) Accounts Office Cumbernauld bank account.

2013-01-18
agents
VAT Information Sheet 03/13

This Information Sheet explains there will be a change to the VAT rate within the Czech Republic.

2013-01-18
vat; agents
Draft regulations published for coding out of Class 2 NICs debts

Draft regulations and Explanatory Memorandum are published today for a four week informal consultation in respect of coding out of Class 2 NICs debts. Please provide any comments by 15 February 2013 to the contact details specified on the draft Explanatory Memorandum.

2013-01-18
agents

17 January

News Release: New non-executive directors at HMRC

HM Revenue & Customs (HMRC) has announced the appointment of three new non-executive board members, as part of its ongoing governance arrangements.

2013-01-17
Settlement Opportunity for participants in tax avoidance schemes - Film Production Partnerships

HM Revenue & Customs has published the terms of the settlement opportunity open to participants in certain tax avoidance schemes which seek to exploit film production reliefs and allowances.

2013-01-17
agents
Second Protocol to the UK/Singapore Double Taxation Agreement entered into force on 27 December 2012

Second Protocol to the UK/Singapore Double Taxation Agreement entered into force on 27 December 2012.

2013-01-17
Revenue & Customs Brief - New programme of assurance visits

In 2013 HM Revenue & Customs is to start a programme of assurance visits to business customers of Registered Dealers in Controlled Oils and the Tied Oils Class Approval scheme, who purchase closed containers of 210 litres or less.

2013-01-17
Tariff Stop Press Notice 02/13

Please note the following amendment to volume 2 of the printed Tariff and CHIEF applicable from 1 April 2012.

2013-01-17
Draft legislation for Finance Bill 2013

The Government has today published draft legislation for inclusion in the 2013 Finance Bill in relation to Corporation Tax and Chief Police Constables, pensions drawdown, non-domicile taxation, and trusts for vulnerable beneficiaries.

2013-01-17
agents;ct
Charities Online: making your Gift Aid repayments quicker and easier

In April 2013 HM Revenue & Customs launches a way to claim Gift Aid and Small Donations Scheme payments online. Find out how this will affect your charity.

2013-01-17
ct

15 January

HMRC Sideways Loss Relief Settlement Opportunity

HM Revenue & Customs has published the terms of the settlement opportunity open to participants in certain tax avoidance schemes which seek to exploit certain reliefs and allowances.

2013-01-15
agents
Entry into force of the Exchange of Letters amending the UK/Switzerland Double Taxation Convention

The Exchange of Letters between the UK and Switzerland that amends the UK/Switzerland Double Taxation Convention entered into force on 19 December 2012.

2013-01-15
Overseas trade statistics for trade in goods with EU countries (Opens new window)

UK overseas trade statistics for trade in goods with EU countries have been published for November 2012.

2013-01-15

14 January

Pension Schemes and Employers - Single tier pensions (Opens new window)

On 14 January the Department for Work and Pensions (DWP) published their white paper 'Single tier pensions - a simple foundation for savings'. The proposals within this paper will affect Emplyers and Pensions Providers that administer Contracted-Out Defined Benefit Schemes.

2013-01-14
agents
Barbados: Entry into force of the UK/Barbados Double Taxation Convention

A Double Taxation Agreement between the United Kingdom and Barbados which replaces the 1970 Agreement as amended by a Protocol in 1973 was signed in Barbados on 26 April 2012, entered into force 19 December 2012.

2013-01-14
The Enactment of Extra-Statutory Concessions Order 2013 (Opens new window)

The Enactment of Extra-Statutory Concessions Order 2013 was laid before Parliament on 7 January 2013.

2013-01-14
agents
Group Payment Arrangements: change in contact details

If the contact details for a Group Payment Arrangement change, you must tell HM Revenue & Customs.

2013-01-14
agents;ct

11 January

Rates of Exchange for Customs and VAT purposes 01-2013

Zambia currency has been devalued by 50 per cent. This is retrospective to 7 May 2012.

2013-01-11
vat
Liechtenstein: Entry into force of the UK/Liechtenstein Double Taxation Convention

The first time Double Taxation Convention between the UK and Liechtenstein, which was signed in London on 11 June 2012, entered into force on 19 December 2012.

2013-01-11
Category 1 crude oil values (PDF 66K)

Crude oils that are valued using Price Reporting Agency data, updated December 2012 have now been published.

2013-01-11

10 January

Statutory Instrument: SI 2012/3153 and Explanatory Memorandum (Opens new window)

The Qualifying Oil Fields Order 2012 and associated Explanatory Memorandum.

2013-01-10
ct

9 January

Employment-Related Shares & Securities Bulletin (PDF 35K)

The sixth Employment-Related Shares & Securities Bulletin providing information and updates on developments relating to employment-related securities, including the tax-advantaged employee share schemes has been published.

2013-01-09
agents
The HMRC Car and Car fuel Benefit Calculator has been updated

The HMRC Car and Car fuel benefit calculator has been updated to include calculations for 2013-14

2013-01-09
agents
Announcement - customer survey on the HMRC Official and National Statistics

HMRC invite you to take part in a customer survey on the HMRC Official and National Statistics website.

2013-01-09
Notice 252 Valuation of imported goods for customs purpose,VAT and trade statistices

The latest version of this notice has now been published. This notice cancels and replaces the previous version in June 2009. Details of any changes can be found in paragraph 1.2.

2013-01-09
vat;agents
VAT Outstanding Returns campaign offers an opportunity to bring VAT up to date

VAT-registered traders who have failed to submit VAT Returns are being offered the opportunity to bring their affairs up to date under a new HM Revenue & Customs (HMRC) campaign.

2013-01-09
agents;vat
Overseas trade statistics for trade in goods with non-EU countries (Opens new window)

UK overseas trade statistics for trade in goods with non-EU countries have been published for November 2012.

2013-01-09

8 January

Settlement Opportunity for participants in tax avoidance schemes

HM Revenue and Customs has published the terms of the settlement opportunity open to participants in certain tax avoidance schemes which seek to exploit Generally Accepted Accounting Practice (GAAP).

2013-01-08
agents
ISA Guidance Notes (PDF 1.2MB)

The latest (December 2012) version of the ISA Guidance Notes is now available.

2013-01-08
New spreadsheets for Type 17/18 and EUSD return submission

HMRC has produced larger spreadsheets for interest returns with effectively unlimited numbers of rows. There are three types of spreadsheet one each for 'Type 17 and EUSD', 'Type 18 and EUSD' and just 'EUSD' reporting.

2013-01-08

7 January

Revenue & Customs Brief 39/12

Schedule 23 FA 2011 - collection of National Insurance numbers and other tax identification numbers by financial institutions.

2013-01-07
List of registered Community Amateur Sports Clubs (CASCs)

An updated list of registered CASCs has now been published.

2013-01-07
agents
Notice 143 - a guide for international post users

The latest version of this notice has now been published. This notice cancels and replaces the previous version in April 2012. Details of any changes to the previous version can be found in paragraph 1.2.

2013-01-07
vat;agents

4 January

CT600 Guide (2012) Version 2 (PDF 219K)

The CT600J guidance has been updated following publication of the Tax Avoidance Schemes (Information) Regulations 2012.

2013-01-04
agents;ct
CT600 Budget Insert 2012

The CT600 Budget Insert 2012 has been updated to include information about the Annual Investment Allowance changes announced in the December 2012 Autumn Statement.

2013-01-04
agents;ct
Pension Industry Business update December 2012 Issue No 4

Pensions Industry Business Update, formally the National Insurance Services to Pensions Industry Newsletter, has now been published.

2013-01-04

3 January

Revenue & Customs Brief 37/12

Brief on VAT, finance lease supplies and EON. No current change on whether goods or services. No change to input tax block on leased cars.

2013-01-03
vat;agents
Statutory Instrument 2012/3055 and Explanatory Memorandum (Opens new window)

The Excise Duties (Surcharges or Rebates) (Hydrocarbon Oils etc.) Order 2012.

2013-01-03
Tariff Notice 19/12

Common Customs Tariff - Combined Nomenclature - Tariff classification - edible vegetables and certain roots and tubers.

2013-01-03

2 January

HMRC's relationship with tax agents

HM Revenue & Customs has updated their guidance on the Tax Agent Strategy - including the development of new online services for agents.

2013-01-02
agents
Tariff Notice 24/12

Common Customs Tariff - Combined Nomenclature - Tariff classification. Wipes made of non-wovens, textile article for the storage of small items,article consisting of a garland of artificial flowers of different colours.

2013-01-02
Revised Notice 60: Intrastat General Guide

The latest version of this notice has now been published. This notice cancels and replaces the previous version in April 2012. Details of any changes to the previous version can be found in paragraph 1.2.

2013-01-02
vat;agents
Tariff Notice 25/12

Common Customs Tariff - Combined Nomenclature - Tariff classification - containing biodiesel means that the products of subheading 2710 20 have a minimum content of biodiesel.

2013-01-02
Revised Notice 6: Merchandise in baggage

The latest version of this notice has now been published. This notice cancels and replaces the previous version in February 2012. Details of any changes to the previous version can be found in paragraph 1.1.

2013-01-02

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