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Consultation: Corporate Re-domiciliation

The Department for Business, Energy & Industrial Strategy, HM Treasury and HMRC have jointly launched a consultation to seek views on the introduction of a corporate UK re-domiciliation regime to support companies seeking to relocate to the UK.

28 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Consultation outcome: Fundamental review of business rates

HM Treasury has published the outcomes of its consultation on the fundamental review of business rates, the changes the government will pursue and a broad timeline for implementation of those changes.

28 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Scotland's framework for tax and tax policy in relation to the Scottish Budget 2022-23

The Chartered Institute of Taxation (CIOT) and Low Incomes Tax Reform Group (LITRG) have published a response to the Scottish Government's consultation 'Tax Policy and the Budget - a framework for tax'.

27 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Autumn Budget 2021 summary

A summary of the main tax measures announced at the Autumn Budget on 27 October 2021.

27 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

CIOT response to Draft Finance Bill 2021-22 inquiry

The CIOT has published a response to the House of Lords Economic Affairs Finance Bill Sub-Committee inquiry into the Draft Finance Bill 2021-22 that includes proposals for income tax basis period reform and the notification by large businesses of uncertain tax treatment.

26 Oct 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

Mexico and Rwanda join regional initiatives for tax transparency

Mexico and Rwanda have joined the Punta del Este Declaration and Yaoundé Declaration respectively, the regional initiatives for tax transparency and exchange of information for tax purposes.

26 Oct 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

HMRC Stakeholder Digest: 19 October 2021

The Chartered Institute of Taxation (CIOT) has published an HMRC Stakeholder Digest (19 October 2021) providing a round-up of the latest news and updates for members, and their customers and clients.

25 Oct 2021 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 25 October 2021

25 October 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

25 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Draft regulations: tax conditionality for the hidden economy

HMRC has launched a consultation seeking the public’s views on the draft regulations to complete the legislation introducing new tax checks on licence renewal applications in England and Wales.

22 Oct 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

UK agrees transition toward new global tax system

The UK has agreed a route forward to transition away from its Digital Services Tax (DST) towards a new global tax system that will ensure multinationals pay their fair share in the countries where they do business.

22 Oct 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

CIOT response: Reporting rules for digital platforms

The Chartered Institute of Taxation (CIOT) has responded to HMRC’s consultation on the implementation of the OECD Model Reporting Rules, which require digital platforms to report details of the income of sellers on their platform to the tax authority where the platform is resident, incorporated or managed, and also to the sellers.

22 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Health and Social Care Levy Act: Royal Assent

The

21 Oct 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

Platform for Collaboration on Tax reports progress on efforts to support developing countries

The Platform for Collaboration on Tax (PCT) has published a new progress report on its work to support developing countries during the Covid-19 pandemic.

21 Oct 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

Update on Finance Bill 2021-22

In a written statement to Parliament, Lucy Frazer MP, financial secretary to the Treasury, has confirmed that the Finance Bill 2021–22 will be published on 4 November 2021.

20 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Net Zero Review Final Report: Fiscal impact

HM Treasury has published its final report following the Net Zero Review as part of its Net Zero strategy. The report considers, amongst a wide range of other policy issues, the material fiscal consequences of the strategy.

20 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

CIOT responses to Money Laundering regulations

The Chartered Institute of Taxation (CIOT) has responded to the HMT’s consultations on Review of the UK’s AML/CFT regulatory and supervisory regime and Amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 Statutory Instrument 2022.

19 Oct 2021 00:00 | Published by a Tolley Owner-Managed Businesses expert

Weekly roundup of HMRC manual changes: 18 October 2021

18 October 2021 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

18 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Oman: tax treaties

HMRC has published the synthesised text of the UK’s double tax convention with Oman as modified by the Multilateral Instrument (MLI).

18 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

OECD: Tax dispute resolution progress reports

The OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) has published its fourth annual review of BEPS Action 13 on transparency of global operations of large MNEs and BEPS Action 14 on resolution of tax related disputes between jurisdictions.

18 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

Changes for taxi, private hire or scrap metal licence applications from April 2022

HMRC has published new guidance on changes to the new rules for renewing taxi, private hire or scrap metal licenses from April 2022.

14 Oct 2021 00:00 | Published by a Tolley Corporation Tax expert

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Premiums on the grant or surrender of a lease

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