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The ATT has responded to HMRC’s consultation on stamp duty land tax (SDLT) on mixed-property purchases and Multiple Dwellings Relief (MDR). The ATT is supportive of HMRC’s plan to crack down on SDLT tax avoidance when people buy residential property, but is concerned that HMRC’s proposals to tackle one aspect of the problem will add uncertainty for the purchaser about final purchase cost, complexity that affects both sellers and buyers and could delay the buying process - as well as resulting in increased SDLT bills.

HMRC has launched a consultation to gather evidence and inform government policy on the proposal for an online sales tax (OST) as a means to rebalance the taxation of the retail sector between online and in-store retail. The consultation will run from 25 February to 20 May 2022.

28 February 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has published pension schemes newsletter 137, to update stakeholders on the latest news and updates regarding pension schemes.

HMRC has published new guidance on claiming relief from employer Class 1 National Insurance contributions (NICs) when taxpayers employ someone in a Freeport tax site.

HMRC has updated its guidance on the import of plastic packaging components to clarify the treatment of packaging which is already filled with goods.

HMRC’s latest Stakeholder Digest (24 February 2022) provides a round-up of the latest news, including notifying HMRC of uncertain tax treatments, the end of the Statutory Sick Pay Rebate Scheme, reporting Covid-19 support payments in the company tax return and a final self-assessment tax return reminder.

The Office of Tax Simplification has published new papers on: the role of agents and other intermediaries, the operation of the PAYE system, and the scope of its forthcoming reviews of property income and general approach to simplification.

HMRC has updated its guidance to confirm that the Coronavirus Statutory Sick Pay Rebate Scheme closes for coronavirus related absences after 17 March 2022.

Finance Act 2022

HMRC has published revised advisory fuel rates for company cars which apply from 1 March 2022.

The Chartered Institute of Taxation (CIOT) has responded to HM Treasury’s call for evidence on the role that umbrella companies play in the labour market, and how they interact with the tax system.

The CIOT has responded to the Department for Levelling Up, Housing and Communities (DLUHC) and HM Treasury’s technical consultation on the business rates review.

The CIOT has responded to HMRC’s consultation on proposed changes to the Stamp Duty Land Tax rules for mixed-property purchases and multiple dwellings relief which aim to prevent abuse and reduce potential unfairness in mixed-property transactions.

The CIOT has shared an update from HMRC which clarifies HMRC’s position on the purchase of own shares transactions that are effected by a multiple completion contract.

21 February 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has launched a technical consultation seeking views on draft regulations, that extend information and reporting deadlines in respect of Scheme Pays and the annual allowance tax charge.

The Chartered Institute of Taxation (CIOT) has responded to HMRC’s consultation on modernising tax debt collection from non-paying businesses.

The Association of Taxation Technicians (ATT) is calling for a rethink of the Government’s plan to require companies to notify HMRC in advance that they intend to claim R&D tax reliefs, because the ATT fears it risks denying tax relief to the very smallest and newest companies that need this tax relief the most.

HMRC has published Agent Update issue 93 (February 2022) providing a round-up of recent developments for tax agents and advisers.