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These Regulations amend the International Tax Compliance Regulations 2015, SI 2015/878 (the principal Regulations) to bring additional international exchange arrangements within scope. The principal Regulations apply to arrangements entered into by the UK by a given date. This date is periodically extended, this time to 20 April 2022.

The First-tier Tribunal (FTT) has published guidance on taking oral evidence from abroad.

25 April 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has published the Company Losses Toolkit for 2021-22.

The ATT has shared an update on how HMRC is recovering Self-Employment Income Support Scheme (SEISS) grants where taxpayers need to repay some or all of their grant.

HMRC has published Agent Update issue 95 (April 2022) providing a round-up of recent developments for tax agents and advisers.

HMRC has announced its intention to revoke the Moscow Stock Exchange’s status as a recognised stock exchange for tax purposes.

HMRC has updated its guidance on settling disguised remuneration with the latest information to help taxpayers settle their liabilities, and with HMRC’s operational plans for April 2022 to March 2023.

Under BEPS Action 14, jurisdictions have committed to implement a minimum standard to improve the resolution of tax-related disputes between jurisdictions. Stage 2 peer review monitoring reports have been released for Andorra, Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Faroe Islands, Macau (China), Morocco and Tunisia.

HMRC’s Stakeholder Digest (11 April 2022) provides a round-up of the latest news and updates including information on the Ukraine tax relief and guidance, Extending Making Tax Digital (MTD) to all VAT registered businesses and the introduction of the new 64-8 agent authorisation form.

HMRC has published the Chargeable gains for companies toolkit for 2021-22.

The Department for Business, Energy & Industrial Strategy (BEIS), in partnership with HM Treasury and HMRC sought views on the introduction of a UK re-domiciliation regime, which would make it possible for foreign-incorporated companies to re-domicile and therefore easier to relocate to the UK. The consultation closed on 7 January 2022. BEIS has now published a summary of the responses received.

HMRC has published its bi-monthly magazine providing the latest information on payroll-related topics for employers and agents.

11 April 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has updated its guidance to explain how repayment and late-payment interest rates are set.

The UK-Sweden Double Tax Convention has been republished, incorporating the new principal purpose test agreed in 2021. The revised UK-Taiwan Double Tax Agreement incorporates various changes dealing with anti-avoidance, including dispute resolution and also introduced a principal purpose test.

HMRC has issued new guidance regarding the information it may publish on tax avoidance schemes, promoters, enablers and suppliers of these schemes. This includes a ‘current list’ of named tax avoidance schemes, promoters, enablers and suppliers.

From 6 April 2022, businesses hiring former members of the UK armed forces in their first year of civilian employment can save thousands of pounds in employee National Insurance contributions (NICs).

These Regulations temporarily increase the Married Women’s Reduced Rate (MWRR) primary Class 1 National Insurance contributions (NICs) by 1.25% for 2022/23.

4 April 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.