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Coronavirus: Tax compliance and communicating with HMRC

ICAEW insights, technical guidance and news updates on tax measures affecting UK tax compliance and changes to contacting HMRC during the COVID-19 pandemic.

Estimated tax gap falls to £32bn

HMRC figures released for the pandemic period of 2020/21 show the tax gap held steady at 5.1% in percentage terms, but fell by £2bn in real terms as theoretical tax liabilities fell. ICAEW’s Tax Faculty looks at the key data.

Adjudicator reports on HMRC complaints

Complaints about HMRC received by the independent Adjudicator fell in 2021/22 but remain above pre-pandemic levels. ICAEW’s Tax Faculty summarises the annual report.

Digitalisation of tax accelerated by the pandemic

Digital ways of working continue to transform the global tax compliance landscape, resulting in increased efficiency of tax systems and providing impetus for economic growth, finds a new report from ICAEW.

Tax news in brief

Highlights from the broader tax news for the week ending 16 March 2022, including: guidance for businesses who continued to use the Lennartz mechanism; and a warning from HMRC about sharing personal information.

Tax news in brief

Highlights from the broader tax news for the week ending 9 March 2022, including: HMRC guidance on new power; HMRC payments; refunds of VAT wrongly charged; freeport tax site designation; QAHC guidance; new VAT regulations; HMRC webinars; guidance for employers paying overseas tax; and COVID travel easement ending.

HMRC to accept bulk appeals from agents

HMRC has confirmed that it will accept bulk appeals against late filing penalties where there is a COVID-19 related reasonable excuse. ICAEW’s Tax Faculty explains the process.

Tax news in brief

Highlights from the broader tax news for the week ending 8 December, including: HMRC’s service to notify dormancy; an HMRC webinar about reporting COVID-19 grants on CT600s and HMRC examples concerning plastic packaging tax.

Impact of COVID dominates HMRC annual report

HMRC’s annual report for 2020-21 confirms that the pandemic impacted not only its day-to-day work, tax revenues and customer service, but has potentially put delivery of the new plastic packaging tax and updating HMRC’s telephony services, at risk. The Tax Faculty outlines the key takeaways.

ICAEW technical round-up: September 2021

This month’s top technical stories feature news on the MTD for ITSA deferment, COVID support schemes coming to an end and IR35 compliance checks for the finance and energy sectors.

Tax news in brief

Highlights from the broader tax news week ending 22 September, which includes: upcoming deadlines for final claims for SEISS grants and for bulk appeals of late-filing penalties, as well as additional HMRC support on reporting coronavirus support grants on CT600s.

Estimated tax gap increases to £35bn

HMRC figures released for the pre-pandemic period of 2019/20 show a £2bn increase in the estimated tax gap, largely attributable to an increase in the VAT gap. ICAEW’s Tax Faculty analyses the key data.

HMRC’s performance during an exceptional year

Ahead of its full annual report, HMRC has published performance statistics for 2020/21. ICAEW acknowledges what HMRC has achieved in its response to the pandemic while noting that concerns over performance persist which suggests that there are fundamental problems.

The tax implications of COVID support schemes

As HMRC confirms delays in processing self assessment returns with incorrectly reported SEISS grants, the Tax Faculty has published guidance for all ICAEW members on the tax issues arising from the UK’s coronavirus support schemes.

NIC Bill confirms reliefs for Freeports and broadening of DOTAS

The government has published the National Insurance Contributions Bill, which legislates reliefs for employers of veterans and those operating in Freeports, as well as for the self-employed isolating due to COVID-19. The Bill will also enable upcoming changes to the DOTAS scheme to apply to national insurance avoidance.

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