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TAX NEWS

Tax news in brief

Article

Published: 28 Apr 2021 Update History

Highlights from the broader tax news week ending 28 April, which includes HMRC publishing an example of an email phishing scam related to SEISS 4, confirmation of no customs charge for goods in Northern Ireland temporarily and the latest stamp taxes update from HMRC.

HMRC publishes example of SEISS 4 scam

In its examples of known phishing scams, HMRC has now published an image of an example of an email telling the recipients that they can claim for the fourth grant under the Self-employment Income Support Scheme. HMRC warns taxpayers not to reply to the email or open any of the links. See the example.

Confirmation of no customs charge for goods in NI temporarily

On 22 April the government passed regulations amending the Customs (Northern Ireland) (EU Exit) Regulations 2020 in respect of goods that temporarily move to Northern Ireland from Great Britain. The measure ensures that certain UK goods are not subject to customs duty and VAT charges when they re-enter Great Britain after a ‘temporary period’ in Northern Ireland. HMRC has published information on the regulations outlining the details of the measure and their impact. Read in full.

Latest stamp taxes update from HMRC

On 23 April HMRC published its latest bi-monthly newsletter providing information on the latest developments in stamp taxes. It includes reminders of recent changes, such as the extension of the stamp duty land tax (SDLT) holiday in England and Northern Ireland and the additional 2% SDLT charge for non-UK residents that came into effect on 1 April 2021, as well as the Upper Tribunal decision in Hyman et al on what constitutes the garden or grounds of a dwelling. Read the newsletter in full.

Hear more at Virtually Live!

ICAEW's flagship digital conference returns for 2021 and includes sessions on tax. Hear from experts including Rebecca Benneyworth and ICAEW's Anita Monteith.

ICAEW's flagship digital conference returns for 2021. Virtually Live will be held on 15-17 June 2021
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