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HM Revenue and Customs (HMRC) News




UK Confirms Plans To Expand Making Tax Digital

by Jason Gorringe, Tax-News.com, London

Friday, July 24, 2020

The UK Government has announced plans to expand its Making Tax Digital project from 2022. Read Full Story

 


UK's COVID-19 VAT Payment Deferral Scheme Ends

by Jason Gorringe, Tax-News.com, London

Friday, July 3, 2020

HM Revenue and Customs (HMRC) has released guidance for businesses following the end of the VAT payments deferral scheme on June 30, 2020. Read Full Story

 


COVID-19: UK Delays Expansion Of Making Tax Digital For VAT

by Jason Gorringe, Tax-News.com, London

Wednesday, April 15, 2020

The UK Government has announced that it will delay ramping up its Making Tax Digital project, in light of COVID-19. Read Full Story

 


HMRC Releases Final Guidance On Loan Charge Review

by Jason Gorringe, Tax-News.com, London

Monday, December 2, 2019

The UK tax agency HM Revenue and Customs has released guidance for taxpayers affected by the Loan Charge. Read Full Story

 


Brexit: UK Rolls Out Transitional Simplified Procedures For Importers

by Jason Gorringe, Tax-News.com, London

Friday, October 18, 2019

HM Revenue and Customs (HMRC) has automatically registered 95,000 businesses for its simplified import procedures, allowing most UK traders up to six months to pay import duties and submit customs declarations, if the UK leaves the EU without a deal on October 31, 2019. Read Full Story

 


UK Lists Instructions For Traders On Brexit

by Jason Gorringe, Tax-News.com, London

Friday, August 30, 2019

HM Revenue and Customs has written to VAT-registered businesses that trade with the EU, advising them on how to prepare for changes to customs, excise, and VAT in the event of a no-deal Brexit. Read Full Story

 


UK's Making Tax Digital Initiative To Cover Only VAT Until 2021

by Jason Gorringe, Tax-News.com, London

Tuesday, March 26, 2019

British businesses have welcomed confirmation from the UK Government that Making Tax Digital will not be rolled out to other taxes and more businesses in 2020. Read Full Story

 


UK Launches Profit Diversion Compliance Facility For MNEs

by Jason Gorringe, Tax-News.com, London

Monday, January 14, 2019

HM Revenue and Customs has announced plans and guidance for a new Profit Diversion Compliance Facility, which is intended to support multinational companies concerned about their transfer pricing arrangements to resolve any issues with the tax agency. Read Full Story

 


UK Urged To Push Back Making Tax Digital Agenda

by Jason Gorringe, Tax-News.com, London

Friday, November 30, 2018

In a new report released on November 22, 2018, the UK's Economic Affairs Committee called for a one-year delay to the implementation date of Making Tax Digital for VAT. Read Full Story

 


UK Launches Pilot Of Making Tax Digital For VAT

by Jason Gorringe, Tax-News.com, London

Friday, October 19, 2018

The UK Government on October 17 launched a pilot of its Making Tax Digital project. More than half a million businesses registered for VAT will be invited to sign up for the regime, prior to its full introduction from April 2019. Read Full Story

 

 

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