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HMRC has published a new VAT Brief which explains how businesses should file their VAT returns while waiting for a decision on their VAT grouping application.

The National Insurance Contributions Bill is in the final stages of progressing through Parliament. On 1 March 2022, the House of Commons considered the House of Lords’ amendments, rejecting those proposed by the opposition parties that had been accepted by the House of Lords.

HMRC has published a new VAT Brief which explains how end-customer claims for refunds of VAT overpaid to a supplier are affected by the UK’s withdrawal from the EU. The Brief replaces Revenue and Customs Brief 4 (2017).

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

Finance Act 2022

HMRC has updated its guidance on registering for Plastic Packaging Tax (PPT) to add more information in relation to who should register for PPT.

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 published a new VAT Brief which explains how businesses registered under the Flat Rate Scheme should account for import VAT using postponed VAT accounting from 1 June 2022.

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

HMRC has published its bi-monthly magazine providing the latest information on payroll-related topics for employers and agents.

The Chartered Institute of Taxation (CIOT) has shared an update from HMRC which lists the first affected accounting period for penalty reform for VAT under a range of representative filing frequencies, along with the earliest corresponding dates on which late submission penalties, late payment penalties and interest could be applied.

The CIOT has published the latest HMRC Stakeholder Digest (10 February 2022) which provides a round-up of the latest news and updates on Making Tax Digital for VAT, CJRS and umbrella company market.

A House of Lords Library briefing paper summarises all stages in the Finance Bill’s progress through Parliament with details of all agreed amendments, together with the Lords’ Economic Affairs Finance Bill Sub-committee’s views on basis period reform and the new requirement for large businesses to notify uncertain tax treatments to HMRC.

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

New EU proposals have been published which propose an extension of anti-fraud reverse charge powers contained within the VAT Directive.

This Order specifies the standard rate and lower rate for Scottish landfill tax for disposals on or after 1 April 2022.

These Regulations set out the detailed administrative requirements for the Plastic Packaging Tax which was introduced in Finance Act 2021. In particular, the regulations provide detailed definitions which establish when a plastic packaging component is finished and therefore becomes chargeable for the purposes of the tax. These Regulations come into force on 1 April 2022.

HMRC has published a new VAT Brief which explains HMRC's revised policy on VAT early termination payments and compensation payments and replaces Revenue and Customs Brief 12 (2020).

HMRC has announced that the interest rates for late payments will be revised. This follows from the Bank of England’s (BoE) Monetary Policy Committee vote on 2 February 2022 to increase the BoE interest rate from 0.25% to 0.50%.