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The CIOT has responded to the proposed ‘Interpretation of VAT and excise legislation’ draft Finance Bill measures, which are intended to carve-out specific rules for how VAT and excise legislation should be interpreted in light of the changes made by the

20 November 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

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 13 November 2023 to 20 November 2023.

HMRC has updated its guidance on late filing penalties, late payment penalties and interest charges.

The government has launched a third investment zone in England, and has confirmed that the investment zones and freeport tax site programmes in England are to be extended from five to ten years.

The OECD is inviting public inputs on proposed changes to the Commentary on Article 5 of the OECD Model Tax Convention and its application to extractible natural resources.

The OECD has released the seventh annual progress report of the OECD/G20 Inclusive Framework on BEPS.

The 2022 Mutual Agreement Procedures (MAP) Statistics, the 2022 MAP Awards and the 2023 Consolidated Information on MAP were released during the fifth OECD Tax Certainty Day where tax officials and stakeholders took stock of the tax certainty agenda and discussed ways to further improve dispute prevention and resolution.

The CIOT has sent a proactive submission to HMRC on residential property developer tax (RPDT) just and reasonable apportionment and other uncertainties.

Fiji has become 169th member of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum).

Kuwait has joined the OECD/G20 Inclusive Framework on BEPS.

These Regulations are the first commencement regulations made under the Economic Crime and Corporate Transparency Act 2023.

HMRC has published Agent Update issue 114 (15 November 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The Aggregates Tax and Devolved Taxes Administration (Scotland) Bill was published by the Scottish Government on 14 November 2023.

The CIOT and ATT have urged the Treasury to review the implementation of Making Tax Digital for Income Tax Self-Assessment.

HMRC has published new guidelines on qualifying Research and Development (R&D) for tax purposes.

These regulations extend the time limit for making a valid VAT refund claim under the VAT DIY builders’ scheme from three to six months. They also set the legislative framework to allow digital submission of refund claims.

13 November 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors

The Work and Pensions Committee has issued a call for evidence on statutory sick pay (SSP).