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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HMRC has published a consultation entitled Strengthening the Code of Practice on Taxation for Banks for comment by 16 August 2013.
HM Revenue & Customs has published regulations, a Tax Information and Impact Note and guidance.
HMRC has published the Tax Residence Indicator to help people determine their residence status for tax purposes. It is a pilot version so has limited access. Please try at a later time if you experience initial difficulties opening it.
HMRC's consultation document on the VAT treatment of refunds made by manufacturers has been published. The deadline for responses is 31 August 2013.
Personal Tax Credits - Finalised awards statistics (and Geographical) for individuals and households claiming Working Tax Credits (WTC) and/or Child Tax Credits (CTC) 2011-12.
Basic PAYE Tools - RTI has been updated. Version: 13.1.13122.102 was released on 30 May 2013. This introduces functionality to complete and submit an Earlier Year Update (EYU) and to produce and print certain forms, including P45.
If you need to ask HMRC to carry out a check on your property details and valuation to see if you need to pay Annual Tax on Enveloped Dwellings, the PRBC form is now available.
HMRC is announcing important changes to its Double Taxation Treaty Passport Scheme.
A consultation on the use of offshore employers of workers based in the UK to avoid National Insurance and employment taxes.
UK residents with accounts or investments in Switzerland have until 31 May 2013 to let their bank know if they are opting to pay a witholding tax or have their details passed to HMRC.
HMRC has published a further Supplementary Pilot Employer Update for employers who took part in the 2012-13 Real Time Information pilot.
Following the issue of a Written Ministerial Statement on 21 May 2013, HM Revenue & Customs has published two draft Statutory Instruments for comment by 25 June 2013.
A list of frequently asked questions has been added to the SEIS guidance.
HM Revenue & Customs has published advisory fuel rates to operate from 1 June 2013.
The Income Tax (Monitoring Schemes Relating to Vulnerable Persons) Order 2013.
If you want a tax adviser or accountant to act on your behalf for specific matters relating to the High Income Child Benefit charge, you'll need to formally authorise them using this form.
HM Revenue & Customs has published the terms of reference for the GAAR Advisory Panel, along with an advert inviting applications for members of the panel.
HM Revenue & Customs has published draft regulations for comment by 21 June 2013.
HM Revenue & Customs has published interim guidance on the new tax regime for life companies covering transitional issues and rules on identifying protection business.
HM Revenue & Customs has today published 3 updated toolkits: Income Tax Losses, Capital Allowances for Plant & Machinery and Private and Personal Expenditure. The purpose of the toolkits is to assist agents when completing their client's returns.
HM Revenue & Customs has published a Tax Information and Impact Note for tax relief for fees paid to the Disclosure and Barring Service.
Review of Low Value Bulking Imports (LVBI) – a progress update and next steps.
From 1 July 2013 the formulation for Completely Denatured Alcohol (CDA) will change. This information sheet gives details of the new formulation.
Statistics as pre-announced have now been published.
Export Declarations: requirement for statistical value and update of certain export CPC Tariff notes.
Employers who request directions under S690 ITEPA should read the revised guidance at PAYE81560.
HM Revenue & Customs has published new detailed guidance on claiming Gift Aid when goods are sold by, and the proceeds gifted to, charity shops.
Clarification on completing Employer Alignment Submissions and Full Payment Submissions.
Statistics as pre-announced, on property transactions completed in the UK with value £40,000 or above, have now been published.
Open consultation on the detailed design of the changes to partnerships rules and on how to ensure that any impacts outside the specified targeted areas can be reduced without giving rise to uncertainty and avoidance.
The Income Tax (Professional Fees) Order 2013 and associated Explanatory Memorandum.
This supplement gives details of the changes to VAT announced in the Chancellor’s Budget on 20 March 2013. Information on each of the changes is available in HM Revenue & Customs’ overview of tax legislation and rates.
The measure will prescribe Singapore Exchange Securities Trading Limited (SGX-ST) as a 'recognised foreign exchange'. This will enable it to enter into an arrangement with HMRC allowing its members to apply for intermediary status and obtain relief.
Newsletter with reports on EU/international meetings, projects and changes in Customs March 2013 edition.
A consultation seeking views on simplifying future National Insurance contributions for self-employed entertainers. The intention is that any proposed change would come into force not earlier than 6 April 2014.
Common Customs Tariff - Combined Nomenclature - Tariff classification - Homogeneous, non-grainy, soft paste.
Common Customs Tariff - Combined Nomenclature - Tariff classification - yellow-brown powder obtained from defatted soya beans.
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 to the previous version can be found in paragraph 1.2.
Common Customs Tariff - Combined Nomenclature - Tariff classification -Small bites in the form of an arch and flavoured.
If you haven't yet filed your 2012-13 Employer Annual Return you will be charged a late filing penalty.
A correction has been made to the 'Childcare Vouchers' information within the P9D/P11D chart on page 67.
HM Revenue & Customs has started the process to check whether customers in PAYE have paid the right amount of tax in 2012-13 and will be issuing P800 calculations where necessary.
HM Revenue & Customs has published draft regulations for comment by 14 June 2013.
Send it as soon as possible to avoid a late filing penalty and make sure you have filed it online or you may face a further penalty.
The eighth Employement-Related Shares & Securites Bulletin providing information and updates on developments relating to employement-related securities, including the tax-advantaged employee share schemes has been published.
Clarification for employers as they approach the first date they must make a payment to HMRC since starting to report their PAYE in real time.
What you should do if you receive a National Insurance number without a suffix from HMRC.
A new version of the Framework for Higher Education Institutions Partial Exemption special methods has been agreed with the British Universities Finance Directors' Group, and the Higher Education Funding Council for England.
HM Revenue & Customs is running a series of face to face events on using PAYE in real time. If you’re an agent representing small and medium businesses, you may want to mention this to your clients.
The NRLY form has been reviewed and changed this year to make it easier to complete. We have also changed the guidance notes in line with the form to reflect the recent changes.
Crude oils that are valued using Price Reporting Agency data, updated April 2013 have now been published.
UK Overseas Trade Statistics for trade in goods with EU countries have been released for March 2013.
Subject to certain stringent conditions, anyone who has deliberately defaulted on their tax responsibilities will have their details published by HM Revenue & Customs (HMRC). HMRC has published its' second list of deliberate defaulters who meet those conditions.
HMRC is looking to introduce a new way to support people who need extra help to get their taxes and entitlements right.
Clarification on the criteria for registering a PAYE scheme as annual.
Employers and agents can now notify HMRC online if they have no Employer Annual Return (forms P35 and P14) due for 2012-13
Amendment to Volume 2 of the printed Tariff and CHIEF (Customs Handling of Import and Export Freight) applicable from 3 May 2013.
The latest version of this notice has now been published. This notice cancels and replaces the previous version in March 2013. Details of any changes to the previous version can be found in paragraph 1.2.
The latest version of this notice has now been published. This notice cancels and replaces the previous version in March 2003. Details of any changes can be found in paragraph 1.2.
UK Overseas Trade Statistics for trade in goods with non-EU countries have been published for March 2013.
HM Revenue & Customs has issued a news release outlining its work with the US and Australian authorities as part of an international approach to tackle offshore tax cheats.
The list has now been updated to include the funds that have entered the Reporting Fund Regime as at 3 May 2013.
An update for employers and agents on the development and availability of additional online forms for submitting end of year expenses and benefits information.
Legislation introduced in Finance Bill 2013 puts the rules which determine an individual's tax residence on a statutory basis. HMRC has published guidance to help customers decide if they are resident in the UK for the purposes of paying tax.
HM Revenue & Customs has published an updated PDF version of the Charities Online web content following the launch of the new service on 22 April 2013.
HM Revenue & Customs has published a Tax Information and Impact Note for The Registered Pension Schemes (Reduction in Pension Rates, Accounting and Assessment)(Amendment) Regulations 2013.
HM Revenue & Customs has published a Tax Information and Impact Note for The Pension Protection Fund (Tax) (Amendment) Regulations 2013.
Send it as soon as possible to avoid a late filing penalty and make sure you have filed it online or you may face a further penalty.
HM Revenue & Customs (HMRC) has updated the April 2013 Pilot Employer Supplementary Update to clarify the obligations on employers using HMRC's Basic PAYE Tools to make year end submissions.
HM Revenue & Customs has published a draft Statutory Instrument to amend The Offshore Funds (Tax) Regulations 2009 and Explanatory Memorandum, for comment by 31 May 2013.
Introduction of two new Customs Procedure Codes to allow goods to permit the Airworthiness Certificate Scheme (free circulation) to be claimed upon release from Customs Warehousing.
IP Issues including: retrospective IP Authorisations, restriction of coverage of IP with a Simplified Authorisation, IP Authorisation holders’ and agents’ responsibilities.
Notification of two European Court of Justice cases and their impact on businesses that operate/use a Customs Warehouse and/or operate Inward Processing.
Updated guidance on IP requirements: Throughput period, Bills of Discharge and Compensatory Interest.
The latest version of this notice has now been published. This notice cancels and replaces the previous version in March 2013. Details of any changes to the previous version can be found in paragraph 1.1.
ICAP Securities & Derivatives Exchange Ltd has been designated as a recognised stock exchange.
The latest ISA Bulletin is now available. It contains articles on the changes to the ISA regulations, ISA application forms, reimbursed commission in respect of ISA investments and annual returns of information.
Introduction of a lower limit for current month adjustment applications.
There has been a delay in the final issue of Employer Payment booklets for the year 2013-14. Previous guidance in What's New of 27 March to phone HMRC if booklet has not been received is updated.
HM Revenue & Customs has today published 3 updated toolkits: Directors' Loan Accounts, Property Rental and Company Losses. The Property Rental Toolkit is the most downloaded of the 20 toolkits and is used by both agents and taxpayers.
HM Revenue & Customs has agreed to change their approach for customers who want their authorised agent to act on their behalf.
Procedures to be followed to close an excise duty suspended movement on EMCS when exporting excise goods to a non-EU country.
Information about Croatia joining the European Union (EU) on 1 July 2013 and its effect on the export and import of excise goods.
HM Revenue & Customs has published a draft Statutory Instrument to amend The Investment Trust (Approved Company) (Tax) Regulations 2011 and Explanatory Memorandum, for comment by 28 May.
