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.
New online service to notify company dormancy
HMRC has launched a new online service that allows companies and agents to tell HMRC that a company is dormant for corporation tax purposes. There is still a requirement to send information about a dormant company to Companies House. The Tax Faculty is interested in receiving feedback from members on the new service.
COVID-19 grants on CT600s
If you have questions about reporting COVID-19 grants on CT600s or making repayments there is an opportunity to put questions to HMRC during its Talking Points webinars for agents on Thursday 9 December. ICAEW’s guidance can be found in TAXguide 12/21 (available to all ICAEW members). Register here for HMRC’s webinar.
HMRC issues plastic packaging tax examples
HMRC has issued a set of examples designed to help businesses assess whether they need to register for plastic packaging tax when it comes into force on 1 April 2022 and also whether components manufactured or imported are chargeable to the tax.
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