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HMRC has published Agent Update issue 117 (21 February 2024) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The OECD/G20 Inclusive Framework on BEPS has published a progress report on Amount B of Pillar One.

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

HMRC has launched a consultation to welcome views on how a range of topics relating to HMRC’s enquiry and assessment powers, penalties, and safeguards could be reformed.

The UK, together with Austria, France, Italy and Spain, has agreed to update the terms for transitioning from the Digital Services Taxes (DST) to Pillar One.

In the Treasury minutes published on 15 February 2024, the government has responded, among other things, to the Public Accounts Committee (PAC) report from session 2022-23 on making tax digital for VAT, income tax and corporation tax.

HMRC has launched a technical consultation on draft guidance for two aspects of the Research and Development (R&D) tax reliefs due to be implemented on 1 April 2024.

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

This Order appoints 4 March 2024 as the day on which FA 2009, ss 101, 102 come into force for the purposes of electronic sales suppression penalties.

Finance Bill 2024 has cleared all House of Commons stages and will next move to the House of Lords. The Lords version of the Bill is now available.

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

The synthesized text of the Multilateral Instrument and the 2013 UK-Norway Double Taxation Convention have been added to the HMRC tax treaties page.

HMRC’s latest Digest (30 January 2024) provides short updates on various topics, including an enforcement notice on misleading repayment agent adverts and changes to paternity leave and pay from 8 March 2024.

HMRC has launched a consultation on draft regulations to update existing regulations on the use of trade losses for corporation tax purposes in the event of transfers of business by building societies.

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

The UK government has put forward amendments to Finance Bill 2024 provisions on R&D, the creative sector tax reliefs and the electricity generator levy, to be considered at Report Stage on 5 February 2024.

The UK Supreme Court (UKSC) has published a practice note issued by President of the Supreme Court and Chairman of the Judicial Committee, Lord Reed, on 22 January 2024, in respect of the UKSC and Judicial Committee of the Privy Council (JCPC). Lord Reed has noted that the UKSC and JCPC have made substantive changes in the UKSC and JCPC Practice Direction (PD) 3 on applications for permission to appeal; JCPC PD 4 on notice of appeal; UKSC and JCPC PD 6 on the appeal hearing; and UKSC and JCPC PD 7 on applications, documents, forms and order. These changes are effective from 22 January 2024.

These Regulations designate areas in Humber as freeport tax site with effect from 13 February 2024.

The OECD has published the comments received from the public on the proposed changes to the Commentary on Article 5 of the OECD Model Tax Convention and its application to extractible natural resources.

HMRC has updated its guidance on claiming museums and galleries exhibition tax relief for corporation tax to reflect the changes being introduced in Finance Bill 2024 from 1 April 2024.