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 May

Revised guidance on Audits by HMRC Charities

The detailed guidance on Audits by HMRC Charities, in particular the section headed 'Putting Things Right', has been revised in response to feedback from customers.

2011-05-31
agents; charities
Capital allowances anti-avoidance rules for plant and machinery

Consultation on proposed amendments to the generic anti-avoidance legislation in the part of the capital allowances code that applies to plant and machinery to make the rules more effective in preventing tax avoidance.

2011-05-31
agents
Capital allowances: feed-in tariffs & the renewable heat incentive

Consultation on proposed legislation to clarify the appropriate capital allowances treatment of expenditure on plant or machinery that could qualify for payments under either the Feed-in Tariff (FITs) regime or the Renewable Heat Incentive (RHI).

2011-05-31
agents
Tackling VAT evasion on road vehicles brought into the UK

Consultation on the implementation of a new online notification (and in some cases, payment) system to be introduced in 2013 for vehicles brought into the UK for permanent use on UK roads.

2011-05-31
Capital allowances for fixtures

Consultation on proposals to make capital allowances conditional on businesses pooling their expenditure on fixtures shortly after acquisition, together with suggestions for other ways in which the regime might be improved.

2011-05-31
agents
High Risk Tax Avoidance Schemes

Consultation on proposals intended to remove the cash flow benefits from those who use listed high risk tax avoidance schemes.

2011-05-31
agents
Tax agents: a new relationship with HMRC

HMRC invites comments on proposals and options for implementing a strategy for engaging with tax agents. Views are welcomed from all tax agents, including those who are not affiliated to a professional body and organisations from the voluntary sector.

2011-05-31
agents
Transparency Implementation Plan

HM Revenue & Customs has published its initial Transparency Implementation Plan, setting out the types of data held and how they can be released into the public domain.

2011-05-31
agents

27 May

Consultation on the removal of 36 tax reliefs (Opens new window)

This consultation is seeking evidence on the impacts of removing 36 tax reliefs. This followed the independent Office of Tax Simplification's March 2011 report reviewing the number and complexity of tax reliefs in the UK tax system.

2011-05-27
agents
Budget changes that may affect your Company Tax Return

Find out if the changes to Corporation Tax rates and allowances may affect submission of your Company Tax Return online.

2011-05-27
agents
National Statistics: Announcement - pensions

Statistics as pre-announced are now available.

2011-05-27
National Statistics: National Statistics Review of Tax Credit Statistics

HM Revenue & Customs are carrying out a formal review of their Tax Credits National and Official Statistics publications.

2011-05-27
National Statistics: Income Tax - taxable benefits in kind and expenses payments

Statistics as pre-announced are now available.

2011-05-27
National Statistics: Business Payment Support Service - consultation

Responses received on publishing Business Payment Support Service Official Statistics - consultation.

2011-05-27
agents
Procurement Dataset - all new items of HMRC spending

The spreadsheet sets out details of HM Revenue & Customs (HMRC) paid items for more than £25,000 for the month of April 2011.

2011-05-27
agents

26 May

Toolkits to help minimise common errors - update

HMRC has updated the toolkits covering National Insurance contributions and statutory payments, property income, and 'Capital v Revenue'. Read more about future updates planned for toolkits.

2011-05-26
agents
Advisory Fuel Rates Updated

HMRC has published Advisory Fuel Rates to take effect from 1 June 2011 which reflect changes to the way we carry out the calculations.

2011-05-26
agents
National Statistics: Child and Working Tax Credit statistics

Statistics as pre-announced are now available.

2011-05-26

25 May

Statutory Instrument: SI 1157 and Explanatory Memorandum (Opens new window)

The Skipton Fund Limited (Application of Sections 731, 733 and 734 of the Income Tax (Trading and Other Income) Act 2005) Order 2011.

2011-05-25
agents
Working Together publication - issue 43 (PDF 1.17MB)

The latest issue of the publication for tax agents and advisers published by HMRC in association with the Working Together partner representative bodies is now available.

2011-05-25
agents
Lloyds Manual

HMRC have today updated the guidance at LLM4150, as announced at Budget, concerning the timing of deductions under Finance Act 1994 for stop loss premiums.

2011-05-25
Research & Development Consultative Committee minutes

Minutes of the 4 April 2011 meeting, as well as draft guidance for comment have now been published.

2011-05-25
agents
Antigua and Barbuda: Entry into force of Tax Information Exchange Agreement

A Tax Information Exchange Agreement between the United Kingdom and Antigua and Barbuda signed in London on 18 January 2010, entered into force on 19 May 2011.

2011-05-25
St Christopher & Nevis: Entry into force of Tax Information Exchange Agreement

A Tax Information Exchange Agreement between the United Kingdom and Saint Christopher and Nevis signed in London on 18 January 2010, entered into force on 19 May 2011.

2011-05-25
St Lucia: Entry into force of Tax Information Exchange Agreement

A Tax Information Exchange Agreement between the United Kingdom and Saint Lucia signed in London on 18 January 2010, entered into force on 19 May 2011.

2011-05-25
St Vincent and the Grenadines: Entry into force of Tax Information Exchange Agreement

A Tax Information Exchange Agreement between the United Kingdom and Saint Vincent and the Grenadines signed in London on 18 January 2010, entered into force on 19 May 2011.

2011-05-25
Corporation Tax - HMRC recognised commercial software

A list of HMRC recognised commercial software that is compatible with the new Corporation Tax online service.

2011-05-25
agents
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 120K)

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

2011-05-25
Temporary team leader vacancies in North East

Two vacancies have arisen for temporary team leaders in Washington and Newcastle.

2011-05-25
Customs Information Paper (11) 43

Further centralisation of Authorising and Supervising Offices for specific Customs Procedures with Economic Impact (CPEI) used by businesses in London and the South Region.

2011-05-25

24 May

Machine Games Duty implementation (Opens new window)

This consultation, published on the HM Treasury website, is seeking views on design characteristics of Machine Games Duty.

2011-05-24
Employer Asset-backed Pension Contributions

The Government is consulting on changing the tax rules around employer asset-backed contributions to defined benefit registered pension schemes. The consultation is open for comment until 16 August 2011.

2011-05-24
Foreign Pensions of UK Residents and Anti avoidance

Draft anti-avoidance legislation to provide that certain foreign pensions paid to UK residents may be taxed in the United Kingdom, as announced on 6 April, has been published today.

2011-05-24
Investment trusts

HMRC has issued, for informal consultation, draft regulations which deal with the approval of companies as investment trusts and the treatment of transactions entered into by investment trusts.

2011-05-24
agents
Incapacitated person - a modern definition

HM Revenue & Customs is consulting on how best to modernise the definition of 'incapacitated person' for direct taxes and is asking for comments from interested parties on the best alternative approach.

2011-05-24
National Statistics: Tax receipts and taxpayers

Statistics as pre-announced are now available.

2011-05-24
News Release: Disability tax credits cheat jailed (Opens new window)

A mother who faked her children's disabilities to steal £112,000 in tax credits which she spent on tickets to see boy bands and stars of the X Factor was jailed for two years today.

2011-05-24
National Statistics: Property Transactions

Statistics as pre-announced are now available.

2011-05-24

23 May

National Insurance Contributions Act 2011

The National Insurance Contributions Act 2011 received Royal Assent on 22 March 2011.

2011-05-23
Pensions: Draft secondary legislation

HM Revenue & Customs have published for comment draft regulations relating to the restriction of pensions tax relief and the age 75 changes.

2011-05-23
Tariff Stop Press Notice 21/11

Changes to commodity codes in Chapter 81 of the Tariff.

2011-05-23
Updates to Public Notice 143

An update to reflect the change to the level of the Low Value Consignment Relief (LVCR). The relief is being reduced from £18 to £15 with effect from 1 November 2011.

2011-05-23

20 May

2010-11 P11Ds: New address to send them to

HMRC has set up a dedicated post room for receipt of paper forms P11D & P11D(b) for 2010-11.

2011-05-20
agents
News Release: HMRC targets VAT Cheats (Opens new window)

HM Revenue & Customs (HMRC) today announced an initiative to crack down on VAT rule breakers. The new campaign will focus on individuals and businesses who are trading above the VAT threshold but who have not yet registered for VAT.

2011-05-20
CWG2(2011) Employer Further Guide to PAYE and NICs

HMRC has amended the online version of this publication and has produced a correction supplement for those using a paper copy.

2011-05-20
agents
News Release: Seven charged for money laundering offences (Opens new window)

Five men and two women have been charged with conspiracy to launder the proceeds of crime, following a ten month investigation by HM Revenue & Customs (HMRC). They have been released on conditional bail to appear before Manchester Magistrates Court on 6 June 2011.

2011-05-20
News Release: Olympics site contractors reminded of tax rules (Opens new window)

Companies working on construction projects for next summer's Olympic Games are warned today that HM Revenue & Customs (HMRC) will crack down on tax, National Insurance or national minimum wage breaches.

2011-05-20
Late filing penalties for your 2010-11 Employer Annual Return

If you haven't yet filed your 2010-11 Employer Annual Return you will be charged a late filing penalty.

2011-05-20
agents
National Statistics: Tax expenditures and ready reckoners

Statistics as pre-announced are now available.

2011-05-20
National Statistics: Income tax statistics and distributions

Statistics as pre-announced are now available.

2011-05-20

19 May

Statutory Instrument: SI 899 and Explanatory Memorandum (Opens new window)

The Capital Gains Tax (Annual Exempt Amount) Order 2011.

2011-05-19
Corporation Tax - HMRC recognised commercial software

An updated list of HM Revenue & Customs (HMRC) recognised commercial software that is compatible with the new Corporation Tax Online service is now available.

2011-05-19
Stamp Duty Land Tax: relief for transfers involving multiple dwellings

Draft guidance regarding relief for transactions which include the acquisition of interests in more than one dwelling. This was announced at Budget 2011 and applies to transactions where the effective date is on or after the date of Royal Assent to the Finance Bill.

2011-05-19
stamps
Category 1 crude oil values (PDF 28K)

Those crude oils that are valued using Price Reporting Agency data. At 1 July 2006 these crudes are Brent, Ekofisk, Flotta, Forties and Statfjord.

2011-05-19
Get ready for SDLT changes

Details how from 4 July 2011 customers must use new style Stamp Duty Land Tax forms SDLT1, SDLT3 and SDLT4.

2011-05-19

18 May

Bwletin y Cyflogwr Ebrill 2011 Rhifyn 38 (PDF 488K)

Helo a chroeso i rifyn arall o Fwletin y Cyflogwr. Mae'r rhifyn hwn yn cynnwys llawer o awgrymiadau defnyddiol a gwybodaeth ynglyn â chyflwyno eich Datganiadau, talu CThEM a sut i osgoi cosbau.

2011-05-18
CA5601 Dwyieithog (PDF 152K)

Cais i dalu cyfraniadau Yswiriant Gwladol (CYG) hunangyflogedig drwy Ddebyd Uniongyrchol.

2011-05-18
News Release: HMRC trials single compliance process (Opens new window)

HM Revenue & Customs (HMRC) has announced trials of a single compliance process for enquiries across a range of different taxes.

2011-05-18
Updating Negligible Value List

The Negligible Value List has been updated to end of April.

2011-05-18
agents

17 May

Customer Co-ordinator role for large partnerships

HMRC is extending the Customer Co-ordinator role to many of their large partnership customers.

2011-05-17
agents
Tax Agents and Advisers: phone calls from Agent Account Managers

Agent Account Managers (AAM) in HMRC are telephoning tax agents and advisers to explain what services the team provides and the benefits for agents and their clients. Agents can register for AAM services during the call.

2011-05-17
agents
Customs Information Paper (11) 42

Reduction in the level of the Low Value Consignment Relief.

2011-05-17

16 May

Revenue & Customs Brief 20/11

Changes affecting use of UK VAT registration numbers for intra-EU supplies of goods not arriving in UK.

2011-05-16
agents; vat
Customs Information Paper (11) 44

Extension of a derogation from the normal preferential rules of origin for certain fisheries products exported from Cape Verde which are released to free circulation in the EU during the period 1 January to 31 December 2011.

2011-05-16
agents
High Net Worth Unit e-magazine (PDF 442K)

HM Revenue & Customs High Net Worth Unit has launched a new e-magazine to give tax agents and advisers an insight into how the unit works and how they see it developing in the future.

2011-05-16
agents
National Statistics: Corporate Tax

Statistics as pre-announced are now available.

2011-05-16

13 May

Event for Tax Agents and Advisers

West Wales Working Together group is pleased to announce that they are hosting an open event for agents, accountants, tax advisers and bookkeepers.

2011-05-13
agents
Software Developers: Addition of 'Specials/Exclusions' document version 3.0 (PDF 273K)

Update to the 2010-11 Self Assessment Technical pack.

2011-05-13
Statutory Instrument: SI 1083 and Explanatory Memorandum (Opens new window)

The International Tax Enforcement (Montserrat) Order 2011.

2011-05-13
Statutory Instrument: SI 1079 and Explanatory Memorandum (Opens new window)

The International Tax Enforcement (The International Mutual Administrative Assistance in Tax Matters) Order 2011.

2011-05-13
Statutory Instrument: SI 1078 and Explanatory Memorandum (Opens new window)

The International Tax Enforcement (Saint Vincent and the Grenadines) Order 2011.

2011-05-13
Statutory Instrument: SI 1077 and Explanatory Memorandum (Opens new window)

The International Tax Enforcement (Saint Christopher (Saint Kitts) and Nevis Order 2011.

2011-05-13
Statutory Instrument: SI 1076 and Explanatory Memorandum (Opens new window)

The International Tax Enforcement (Saint Lucia) Order 2011.

2011-05-13
Statutory Instrument: SI 1075 and Explanatory Memorandum (Opens new window)

The International Tax Enforcement (Antigua and Barbuda) Order 2011.

2011-05-13
Draft Statutory Instrument (Belize) (Opens new window)

The International Tax Enforcement (Belize) Order 2011.

2011-05-13
Draft Statutory Instrument (Dominica) (Opens new window)

The International Tax Enforcement (Dominica) Order 2011.

2011-05-13
Draft Statutory Instrument (Grenada) (Opens new window)

The International Tax Enforcement (Grenada) Order 2011.

2011-05-13
Tariff Stop Press Notice 20/11

Changes to Commodity Codes in chapters 29 and 38 of the Tariff applicable from 12 May 2011.

2011-05-13
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 223K)

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

2011-05-13
agents
Tariff Stop Press Notice 19/11

Stop Press notice 19/11 - changes to Commodity Codes in Chapter 03 of the Tariff.

2011-05-13
Improving the Operation of Pay as You Earn: Real Time Information Technical Pack published

HM Revenue and Customs (HMRC) has published the Technical Pack for Real Time Information (RTI) reporting using the internet through the Government Gateway.

2011-05-13
agents

12 May

Customs Information Paper (11) 41

To inform traders of their obligations and action to take from 1 July 2011 when the use of pseudo commodity code 9950 0000 will be permanently withdrawn.

2011-05-12
PAYE for employers: Basic PAYE Tools (formerly the Employer CD-ROM) (Opens new window)

The latest version of HMRC's Basic PAYE Tools to help employers run their payroll systems is now available.

2011-05-12
agents

11 May

Legislating an extra-statutory concession - ESC 3.2.2 (PDF 68K)

This note seeks views on the best legislative approach to giving effect to the concession.

2011-05-11
National Statistics: Corporate Tax

Statistics as pre-announced are now available.

2011-05-11
PAYE for employers: Special notice about electronic PAYE payment dates

In order to avoid paying late you must make sure HM Revenue & Customs have cleared funds by the payment date.

2011-05-11
agents

10 May

Statutory Instrument: Draft Statutory Instrument and Explanatory Memorandum (Opens new window)

Draft Statutory Instrument and Explanatory Memorandum to the Double Taxation Relief (Qatar) Order 2011.

2011-05-10
vat
VAT Notice 727/2 - Bespoke Retail Schemes

This notice has been updated and replaces the previous version in June 2006 and any subsequent updates.

2011-05-10
vat;agents
UK Oil and Gas Fiscal Regime - Valuation of non arm's length sales of Gas (PDF 76K)

This discussion document seeks views on possible changes to the tax rules within the UK Oil and Gas Fiscal Regime on valuing non arm's length (NAL) sales of gas.

2011-05-10
Category 1 crude oil values

Those crude oils that are valued using Price Reporting Agency data. At 1 July 2006 these crudes are Brent, Ekofisk, Flotta, Forties and Statfjord.

2011-05-10
National Insurance Fund Account for Northern Ireland 2009-10 (PDF 1.8MB)

The Northern Ireland National Insurance Fund Account for 2009-10 has been published.

2011-05-10
VAT Information Sheet 08/11

Updates the tables for the simplified method of calculating VAT on private use of company cars, dealer demonstrator vehicles and rental cars to take into account changes to the standard rate of VAT.

2011-05-10
vat;agents

9 May

News Release: Urgent reminder for employers (Opens new window)

HM Revenue & Customs (HMRC) is issuing an urgent reminder to employers – file your annual return online by the 19 May deadline, or you could face a penalty.

2011-05-09
agents
List of registered Community Amateur Sports Clubs (CASCs)

List of registered CASCs has been updated.

2011-05-09
charities; agents
Your 2010-11 Employer Annual Return is due by 19 May 2011

Employer Annual Returns (P35 and P14s) for 2010-11 must be filed online and reach HM Revenue & Customs by 19 May or you may face a penalty.

2011-05-09
agents
Countdown Bulletin - abolition of contracting-out for defined contribution schemes (PDF 620K)

Find out about changes to the contracting-out defined contribution schemes

2011-05-09

6 May

Statutory Instrument: SI 1211/2011 and Explanatory Memorandum (Opens new window)

Secondary legislation is being introduced to address certain technical issues in the operation of the Offshore Funds (Tax) Regulations 2009. It also makes changes intended to simplify the operation of the Regulations in certain cases.

2011-05-06
Corporation Tax on chargeable gains - Indexation Allowance (PDF 47K)

Tables showing the Indexation Allowance for assets disposed of in March 2011 are now available.

2011-05-06
agents
VAT zero rating: splitting of supplies: comments on Draft Legislation

Draft Finance Bill 2011 Clauses published on 9 December 2010 included those for a VAT Supply Splitting Measure. HM Revenue & Customs received a number of comments on the scope of the Measure and responded in a letter dated 25 March 2011.

2011-05-06
vat;agents
Customs Information Paper (11) 37

Impact of a European Court Judgment (ECJ) on the Tariff Classification of set-top boxes.

2011-05-06
Customs Information Paper (11) 39

Additional rates of duty on goods from the USA

2011-05-06
New Vacancies

Assistant Officer posts in two Scottish locations have been advertised.

2011-05-06

5 May

Atodiad i Nodiadau TAW 2011 Rhifyn 1

Mae'r atodiad hwn yn rhoi manylion o'r newidiadau i TAW a gyhoeddwyd yng Nghyllideb y Canghellor ar 23 Mawrth 2011. Ceir rhagor o wybodaeth ar bob un o'r newidiadau yn 'Overview of Tax Legislation and Rates' CThEM.

2011-05-05
Notice 8 - Sailing your pleasure craft to and from the UK

A revised Public Notice 8 is now available on the HM Revenue & Customs internet.

2011-05-05
agents; vat
Delay in issue of 2011-12 Payment booklets to employers newly registered since December 2010

A message regarding the delay in issue of PAYE Payment booklets for 2011-12.

2011-05-05
agents
Money Laundering Regulations (MLR) annual fee

The annual registration fee for businesses will remain at £110 until 31 May 2012.

2011-05-05
Revised Notice 263 (April 2011)

The latest version of this Notice is now available. This cancels and replaces the previous version in January 2011 and any subsequent updates.

2011-05-05
agents; vat
Tariff Stop press Notice 18/11

Please note the following amendment to volume 2 of the printed Tariff and CHIEF applicable from 1 March 2011.

2011-05-05

4 May

ISA Bulletin 32 (PDF 23K)

The latest ISA Bulletin is now available. It contains an article on Keydata ISAs.

2011-05-04

3 May

Tax agents and advisers: new video explaining HMRC penalties for inaccuracies

HMRC has published a video on YouTube to explain ‘Penalties for inaccuracies in documents and returns’.

2011-05-03
agents
NCTS Technical Inteface Specification (TIS) for NCTS Phase 4

The Technical Interface Specification (TIS) for NCTS Phase 4 has been updated and also the appendices.

2011-05-03
TC600 Nodiadau (Cymraeg)(PDF 1.07MB)

Cael eich ffurflen gais am gredydau treth yn gywir.

2011-05-03
TC603RD Nodiadau (Cymraeg)(PDF 1.11MB)

Adnewyddu eich credydau treth – Yn y ffordd gywir.

2011-05-03
Tariff Stop Press Notice 17/11

Notification of changes to the monthly trade euro rate for May 2011.

2011-05-03
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 141K)

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

2011-05-03
agents

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