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Latest tax news

The latest news about the UK's tax system brought to you by ICAEW's Tax Faculty.

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Tax news in brief

24 November: Highlights from the broader tax news this week includes: HMRC begins checks on 'Eat Out' scheme payments, no clarity on Budget date, government guidance for staff dealing with social security applications post-Brexit and gender pay gap reporting when employees have been furloughed.

Brexit transition planning: VAT refunds

19 November: HMRC confirms access to the EU VAT refund system will end on 31 March 2021 and claims relating to VAT incurred after 31 December 2020 will have to be made manually.

Director payrolls - what has changed for CJRSV3

18 November 2020: Annual PAYE schemes often meant that furloughed directors were excluded from the original Coronavirus Job Retention Scheme (CJRS). ICAEW’s Tax Faculty looks at whether they will be eligible under the third scheme.

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