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SI 2022/730 Land Registration (Amendment) Rules 2022

These Rules are part of the implementation of the new Register of Overseas Entities. They make changes to the rules applying to the registration and transfer of land (including changes to various Land Registry forms) where the land is purchased or disposed of by an overseas entity.

01 Jul 2022 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC toolkits (2022)

HMRC has updated its Expenses and benefits from employment, Directors’ loan accounts, National Insurance contributions and statutory payments and VAT partial exemption toolkits.

30 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

Regulations and practice guidance on remote observation of court and tribunal hearings have taken effect

The Remote Observation and Recording (Courts and Tribunals) Regulations 2022, SI 2022/705, which were made under section 85A of the Courts Act 2003 (which was itself introduced by section 198 of the Police, Crime, Sentencing and Courts Act 2022), came into force on 28 June 2022. Also on 28 June 2022, the Lord Chief Justice and the Senior President of the Tribunals published Practice Guidance on Remote Observation of Hearings—New Powers in order to help judicial office holders understand and apply the law.

30 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC updates guidance on accounts for non-resident corporate landlords

The ICAEW Tax Faculty has shared HMRC’s updated guidance to clarify the accounts requirement for non-resident companies with UK rental profits (but no UK permanent establishment) in various scenarios by updating its COTAX Manual at

29 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 27 June 2022

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

27 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

Technical consultation: The Stamp Duty Land Tax (Service of Documents) Regulations 2022

HMRC has launched a technical consultation seeking views on draft regulations that would allow documents to be served at a company’s registered address and the address provided on the Stamp Duty Land Tax (SDLT) return. The consultation runs until 22 July 2022.

24 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

SI 2022/690 The Research and Development (Qualifying Bodies) (Tax) (Amendment and Further Prescribed Bodies) Order 2022

This Order removes the Lomonosov Moscow State University from the list of qualifying bodies, payments to which are eligible for research and development (R&D) tax credits and reliefs.

23 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

Energy (Oil and Gas) Profits Levy Bill published in draft

HMRC is consulting on a draft version of the Energy (Oil and Gas) Profits Levy Bill which will introduce the new levy with effect for accounting periods beginning on or after 26 May 2022.

21 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

The Republic of the Congo joins Global Forum on Transparency and Exchange of Information for Tax Purposes

The Republic of the Congo (hereafter “Congoâ€) has joined the Global Forum on Transparency and Exchange of Information for Tax Purposes.

21 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC increases late-payment interest rates

HMRC has increased the interest rates for late payments of tax following the Bank of England’s decision on 16 June 2022 to increase the bank base rate from 1% to 1.25%.

20 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 20 June 2022

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

20 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

Money Laundering regulations: consultation responses

HMRC has published responses to the consultation on draft legislation amending the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations,

16 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

OECD and tax certainty aspects of Amount A under Pillar One: consultation responses

The OECD has published responses to the consultation on tax certainty aspects under Amount A of Pillar One.

16 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

FTT Tax Chamber issues Practice Statement on witness summonses

The Tax Chamber President has published a Practice Statement in relation to the issue of witness summonses and orders to produce documents.

16 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

Agent update: issue 97

HMRC has published Agent Update issue 97 (June 2022) providing a round-up of recent developments for tax agents and advisers.

16 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

UK government delays implementation of OECD Pillar 2

The Financial Secretary to the Treasury has confirmed that draft legislation will be published in the summer to implement the OECD’s Pillar 2 framework in the UK, but that the commencement date will be pushed back from 1 April 2023 to 31 December 2023.

15 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

SI 2022/643 The Designation of Freeport Tax Sites (Plymouth and South Devon Freeport) Regulations 2022

These Regulations designate various areas within the Plymouth and South Devon freeport as freeport tax sites with effect from 4 July 2022.

13 Jun 2022 18:30 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 13 June 2022

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

13 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

EU General Court dismisses UK’s appeal against CFC rules state aid decision

The General Court of the European Union has dismissed the UK’s appeal (heard jointly with ITV’s appeal) against the European Commission's 2019 decision that the finance company exemption in the UK's CFC rules (as it stood prior to 1 January 2019) was unlawful State aid where the relevant financing income of the CFC was derived from UK activities.

09 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

HMRC publishes new UK-Luxembourg double tax treaty and protocol

HMRC has published the text of a new UK-Luxembourg double tax convention and protocol that was signed on 7 June 2022. It has not yet entered into force.

08 Jun 2022 00:00 | Published by a Tolley Corporation Tax expert

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