½Û×ÓÊÓƵ

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

HMRC has added the UK-USA Competent Authority Agreement signed in July 2021 to its international treaty collection.

HMRC has published two new guidance on how to use the online services to register a deceased person’s estate as a personal representative and to manage taxpayer’s estate details.

The Association of Taxation Technicians (ATT) has shared an update from HMRC with its members regarding the Trust Registration Service (TRS). This is to help raise awareness of the need for non-taxable trusts to register their details with HMRC once the service is open. There is also an opportunity for trustees to participate in a development trial.

The initial draft clauses for the 2022 Finance Act were published on 20 July 2021 and include more detail on previously announced proposals. Whilst the Government refers to it as draft legislation for Finance Bill 2021/22, in this commentary, for clarity, it is referred to as Draft Finance Bill 2022. The final contents of the Bill will be subject to confirmation at a later date, expected to be in the Autumn, though it is uncertain whether this will be combined with an Autumn Budget.

The Chartered Institute of Taxation (CIOT) has published its response to the HMRC call for evidence on the tax administration framework: supporting a 21st century system.

HMRC has released a new online inheritance tax (IHT) guidance tool to support customers who are unfamiliar with the IHT process and who need guidance on whether they will need to pay IHT and what forms they need to complete.

HMRC has updated its general anti-abuse rule (GAAR) guidance with effect from 16 July 2021.

HMRC has updated the PDDD1 letter it sends out before publishing a taxpayer’s details following a deliberate inaccuracy penalty.

The Association of Taxation Technicians (ATT) has called for tax policies and legislation to develop in parallel with any new digital systems to avoid placing more burdens on, or adding to the frustrations of, taxpayers.

HMRC has updated its guidance for trustees on authorising an agent to access the trust.

The CIOT has shared an update from HMRC clarifying the scope of the exclusions from the trust registration service on insurance policies with surrender values.

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

Draft legislation for the next Finance Bill will be published on Tuesday 20 July 2021.

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

The First-Tier Tribunal (FTT) has updated its guidance on delivering PDF bundles for use in hearings in the Tax Chamber.

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

HMRC has updated its Stamp Duty Land Tax (SDLT) guidance to add information on checks, repayments and paying back amounts that are not due.

The Forum of Heads of Tax Crime Investigation has welcomed the launch of a new edition of the global reference guide setting out the ten core requirements for jurisdictions to be able to effectively tackle tax crime.

HMRC has updated it guidance on the Conditional Exemption Tax incentive scheme to deal with variations to the scheme arising from issues related to the coronavirus (COVID-19) pandemic.