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Displaying 1-10 of 48 results
Transitioning to the Customs Declaration Service before 30 November 2023
- Article
- 01 Feb 2023
HMRC is writing to businesses that complete export declarations to make them aware of key dates for transitioning export declarations to the Customs Declaration Service.
Corporates holding UK property prompted to check ATED valuations
- Article
- 01 Feb 2023
HMRC has sent letters to companies asking them to check whether the valuations they have used to determine annual tax on enveloped dwellings (ATED) liabilities since 2018 are correct.
HMRC research: agent experience of digital services
- Article
- 01 Feb 2023
Research by HMRC shows that more than half of agents have accessed clients’ online accounts, suggesting that agents’ needs are not being met. The findings tally with recent feedback to ICAEW’s Tax Faculty, but overall give a more positive impression than might have been expected.
HMRC releases latest corporate criminal offence data
- Article
- 01 Feb 2023
Data provides a timely reminder that organisations of all sizes should have procedures in place to identify and mitigate tax evasion facilitation risks, says ICAEW.
House of Lords reports on R&D reform
- Article
- 01 Feb 2023
The Economic Affairs Finance Bill Sub-Committee report on draft clauses in the Finance Bill 2022–23 focused on the reforms to research and development (R&D) tax relief that apply from 1 April. These include changes to the definition qualifying R&D expenditure and administrative provisions for making claims.
VAT rules change for second-hand vehicles bought in Great Britain and sold in Northern Ireland
- Article
- 31 Jan 2023
From 1 May 2023, businesses will no longer be able to use a margin scheme when buying second-hand vehicles in Great Britain and selling them in Northern Ireland.
How to avoid losing access to your agent account
- Article
- 31 Jan 2023
Failing to respond to an innocuous looking letter from HMRC can end up with your agent account being blocked. ICAEW’s Tax Faculty explains how to avoid this trap.
More to be done with tax policy to help achieve net zero
- Article
- 24 Jan 2023
ICAEW’s Tax Faculty reflects on the tax recommendations contained in the government’s net zero review chaired by Chris Skidmore MP, the former energy minister.
Agent Update 104: points of interest
- Article
- 24 Jan 2023
ICAEW’s Tax Faculty highlights key news and reminders for agents including: new option for identity verification; withdrawal of FBI2; crypto gains and losses; and voluntary class 2 national insurance contributions (NIC).
Mandatory disclosure rules replace DAC 6 in the UK
- Article
- 24 Jan 2023
Cross-border tax avoidance arrangement disclosure rules devised by the OECD (known as the mandatory disclosure rules, or MDR) will enter into force in the UK on 28 March 2023. Arrangements entered into on or after this date must be reported to HMRC under this regime.
Displaying 1-10 of 48 results