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HMRC has updated a suite of Coronavirus job retention scheme (CJRS) guidance with further updates on how to calculate an employee鈥檚 usual wages using the calendar lookback method, as provided by Treasury Direction, and the details of employers that will be publicly available after claiming for CJRS.

HM Revenue and Customs (HMRC) has published updated guidance for those supplying or using fuel for vehicles. Subjects covered in this guidance include updates to reflect the end of the Brexit transition period for the type of fuel that can be legally used in different types of vehicles, relief that can be obtained for mineral oil put to certain uses, the UK Duty Stamps Scheme and the requirements and obligations for warehouse keepers of motor and heating fuels in the UK. While the Brexit transition/implementation period ended at 11pm on 31 December 2020 (IP completion day), the government continues to issue new and updated Brexit webpages and guidance documents on the associated legal and practical changes. Further guidance may be issued post-IP completion day, so stakeholders are advised to monitor these pages for updates.

The government has published a call for input in relation to its review of the UK funds regime. The call for input sets out the scope and objectives of the review, which was announced in the 2020 Budget, and invites stakeholders to provide views on which reforms should be taken forward and how they should be prioritised. The call for input closes on 20 April 2021.

The Chartered Institute of Taxation (CIOT) has responded to HMRC鈥檚 consultation on follower notices and penalties.

HMRC has published an updated series of excise notices and guidance, covering subjects including changes resulting from the end of the Brexit transition period. While the Brexit transition/implementation period ended at 11 pm on 31 December 2020 (IP completion day), the government continues to issue new and updated Brexit webpages and guidance documents on the associated legal and practical changes. Further guidance may continue to be issued post-IP completion day, so stakeholders are advised to monitor these pages for updates.

HMRC has announced that it is revising Revenue and Customs Brief 12 (2020), on the VAT treatment of early termination fees and compensation payments, and that the updated VAT treatment set out in the Brief will apply from a future date. Brief 12 (2020) was published in September 2020 and at that time was stated to apply retrospectively. The revised guidance is expected shortly.

The Organisation for Economic Cooperation and Development (OECD) has updated its guidance on tax treaties following the impact of the coronavirus (COVID-19) pandemic. The OECD has highlighted that due to the ongoing public health emergency, 鈥榰nprecedented measures鈥� were imposed by governments including 鈥榯ravel restrictions and curtailment of business operations鈥�. The guidance aims to provide the OECD Secretariat鈥檚 views on the interpretation of the provisions of tax treaties in the context of the coronavirus pandemic, but recognises that tax administrations in each jurisdiction may adopt their own guidance to give taxpayers certainty. It addresses concerns related to the creation of permanent establishments, change of residence, and income from employment.

HMRC has announced that self-assessment taxpayers who do not file their tax returns by 31 January 2021 will not receive a late filing penalty if they submit the return by 28 February 2021.

In the ever-fast-moving world of tax announcements and developments, this news pulls together some of the key changes announced this week. Our commentary will be updated in due course to reflect these latest developments.

HMRC has published updated guidance for stakeholders, with a special Employer Bulletin edition dealing with the UK transition period. While the Brexit transition/implementation period ended at 11 pm on 31 December 2020 (IP completion day), the government continues to issue new and updated Brexit webpages and guidance documents on the associated legal and practical changes. Further guidance may be issued post-IP completion day, so stakeholders are advised to monitor these pages for updates.

25 January 2021- This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

HMRC has published updated guidance for stakeholders. Subjects covered in this guidance include information on applying for repayment or remission of import duties after the transition period from the 1 January 2021. While the Brexit transition/implementation period ended at 11pm on 31 December 2020 (IP completion day), the government continues to issue new and updated Brexit webpages and guidance documents on the associated legal and practical changes. Further guidance may be issued post-IP completion day, so stakeholders are advised to monitor these pages for updates.

HMRC has updated its guidance 鈥楶repare for changes to the off-payroll working rules (IR35) for clients鈥� to add information on further steps businesses may need to take to prepare for the changes coming into effect from 6 April 2021.

These Regulations amend the Customs Tariff (Establishment) (EU Exit) Regulations 2020 (SI 2020/1430) (the 鈥淓stablishment Regulations鈥�) and the Customs Tariff (Suspension of Import Duty Rates) (EU Exit) Regulations 2020 (SI 2020/1435) (the 鈥淪uspension Regulations鈥�), both of which formed part of legislation made in December 2020 under the Taxation (Cross-border Trade) Act 2018 (TCTA).

These Regulations apply insolvency and restructuring measures included in the Corporate Insolvency and Governance Act 2020 to limited liability partnerships.

HMRC has updated its guidance to add information on correcting errors on VAT returns in relation to the VAT payments deferral scheme and how to defer any extra payments resulting from error corrections.

HMRC has published updated guidance for stakeholders. Subjects covered in this guidance include clarification that only Northern Ireland traders will need to submit information sheets (INF鈥檚) from 1 January 2021. . While the Brexit transition/implementation period ended at 11pm on 31 December 2020 (IP completion day), the government continues to issue new and updated Brexit webpages and guidance documents on the associated legal and practical changes. Further guidance may be issued post-IP completion day, so stakeholders are advised to monitor these pages for updates.

The Office of the United States Trade Representative (USTR) has published the findings of its investigation into the UK digital services tax (DST) under section 301 of the Trade Act of 1974. This allows the US to implement retaliatory tariffs if 鈥榰nfair trade practices鈥� are found to discriminate against US companies. The USTR found that the UK DST 鈥榠s inconsistent with principles of international taxation, including due to application to revenue rather than income, extraterritoriality, and retroactivity鈥� and 鈥榖urdens or restricts US commerce鈥�.

HMRC has confirmed that the 2019/20 SA700 must be signed with a physical signature.

The European Commission has opened the feedback period for its proposed initiative to introduce a digital levy to address the issue of fair taxation of the digital economy. The initiative proposes the introduction of an EU-wide digital tax but states that this should not interfere with the ongoing work of the OECD on a reform of the international corporate tax framework, and accordingly must be compatible with any agreement reached by OECD in addition to wider international obligations. The roadmap is open for feedback until 11 February 2021.