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HMRC has published responses to its consultation on proposals to reform the law in relation to transfer pricing, permanent establishment, and Diverted Profits Tax.

The government is consulting on proposals to reform the tax treatment of alternative refinancing arrangements.

HMRC has published details of a new Online service for employees to claim tax relief for expenses. In addition the reporting and paying of income Tax and Class 1A National Insurance Contributions (NICs) on benefits in kind via payroll software is to be mandated from April 2026

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

Details of updates to HMRC import, export and customs guidance for the period from 9 January 2024 to 16 January 2024.

16 January 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

The CIOT has published Finance Bill 2023-24 briefings on Corporate Taxes, Evasion and Avoidance, and VAT excise.

The CIOT has responded to the consultation on the draft legislation on Income Tax (Digital Requirements)(Amendment) Regulations 2024

These regulations make changes to the scope of VAT relief on energy-saving materials (ESMs) by reinstating relief for the installation of ESMs in relevant charitable buildings and introducing new categories of ESMs (such as water-source heat pumps).

Subpostmasters who receive top-up payments under the Horizon Shortfall Scheme will not be subject to penalties or interest where those payments are not received ‘in good time’ to file a tax return by the filing deadline.

The CIOT has responded to the HMRC’s technical consultation on the proposed amendments of the Construction Industry Scheme (CIS) regulations, which sets out exceptions to VAT compliance obligations to ensure that Gross Payment Status (GPS) is not refused or removed for minor errors, and exempt certain payments from landlords to tenants from the scope of the CIS.

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

8 January 2024 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

HMRC has updated its guidance on the use of alternative dispute resolution.

HMRC has updated its VAT notice to include information about the VAT treatment of charging of electric vehicles when using charging points.

Details of updates to HMRC import, export and customs guidance for the period from 19 December 2023 to 8 January 2024.

The government is consulting on the transparency of land ownership when trusts are involved in the ownership structure.

HMRC has updated its guidance on registering for plastic packaging tax if a business has manufactured or imported 10 or more tonnes of plastic packaging in the last 12 months.

HMRC has launched a technical consultation on draft guidance on Multinational Top-up Tax and Domestic Top-up Tax in advance of implementation on 31 December 2023. The consultation closes on 7 February 2024.

HMRC has published a Lifetime allowance newsletter in December 2023 to update stakeholders on the latest news for pension schemes.