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HMRC has published its updated list of yearly average and spot foreign exchange rates for the year to 31 March 2023.

HMRC has updated its tax agents guidance to clarify when a tax agent must have an agent service account.

The UK government published various tax policy consultations and other updated documents on 27 April 2023.

Companies House has updated its guidance on how to register overseas entities with details on the changes in submitting information about trusts.

HMRC has published its Trusts and Estates Newsletter for April 2023.

HMRC’s Stakeholder Digest (20 April 2023) provides a round-up of recent news and updates.

HMRC has published Agent Update issue 107 (19 April 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

Tax Administration and Maintenance Day is set for 27 April 2023

HMRC has updated guidance on reporting a trust discrepancy to reflect money laundering regulations

A summary of key developments as Finance (No 2) Bill 2023 makes its way through Parliament.

This brief explains a change to the valuation rate of interest used by HMRC for discounted gift schemes from 1 May 2023.

UK government amendments on R&D and multinational top-up tax are expected to be passed at Committee of the Whole House stage.

11 April 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

The Bill will be discussed by a Committee of the Whole House, before being passed to a Public Bill Committee for further consideration.

In the Treasury minutes published on the 30th March, the government has responded, among other things, to the Public Accounts Committee’s (PAC) report from session 2022-23 on HMRC’s performance in 2021-22.

27 March 2023 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC is increasing the late payment rate of interest to 6.75%, and the repayment interest rate to 3.25% from 13 April 2023. Interest on quarterly instalment payments of corporation tax is also increased from 3 April 2023.

HMRC has published Agent Update issue 106 (22 March 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

This Order provides for limited exemptions from income tax, capital gains tax, inheritance tax, stamp duty and stamp duty reserve tax to be given in respect of securities issued by the Caribbean Development Bank, Asian Infrastructure Investment Bank, and Inter-American Investment Corporation, international organisations of which the United Kingdom is a member.

HMRC has updated its guidance on rates of interest on beneficial loan arrangements.