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These Regulations are the first commencement regulations made under the Economic Crime and Corporate Transparency Act 2023.

HMRC has published Agent Update issue 114 (15 November 2023) providing a round-up of recent developments and changes to legislation and allowances relating to UK tax for tax agents and advisers.

The Aggregates Tax and Devolved Taxes Administration (Scotland) Bill was published by the Scottish Government on 14 November 2023.

The CIOT and ATT have urged the Treasury to review the implementation of Making Tax Digital for Income Tax Self-Assessment.

HMRC has published new guidelines on qualifying Research and Development (R&D) for tax purposes.

These regulations extend the time limit for making a valid VAT refund claim under the VAT DIY builders’ scheme from three to six months. They also set the legislative framework to allow digital submission of refund claims.

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

The Work and Pensions Committee has issued a call for evidence on statutory sick pay (SSP).

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.

The UK and other jurisdictions announce their intention to implement the Organisation for Economic Co-operation and Development’s latest tax transparency standard, the Crypto-Asset Reporting Framework (CARF).

HMRC has updated its guidance to add information about using box 773 for the 50% first-year allowance.

Details of updates to HMRC import, export and customs guidance for the period from 6 November 2023 to 13 November 2023.

These Regulations exempt certain payments made under the War Widows Recognition Payment Scheme from liability to Class 1 National Insurance Contributions (NICs) and income tax. These regulations come into force on 1 December 2023.

The Philippines has joined the international efforts against tax avoidance by joining the OECD/G20 Inclusive Framework on BEPS.

San Marino has ratified the income tax treaty with the UK.

HMRC has updated its guidance for UK agencies and businesses placing or using temporary labour, on reducing the risk of using an umbrella company that operates a tax avoidance scheme.

The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) has published new peer review reports on transparency and exchange of information on request (EOIR) for six of its members (Latvia, Mauritania, Pakistan, Poland, Serbia and Thailand), and supplementary reports that reflect progress made by two members (Botswana and Dominica) in implementing the EOIR standard.

HMRC has updated its guidance on paying tax with deposits.

Tax Analysis: In SKAT v Solo Capital Partners and others, the Supreme Court has upheld the decision of the Court of Appeal that Dicey rule 3 (now rule 20) also known as the revenue rule does not apply in this case where the Danish tax authority seeks to recover money defrauded from it and not a claim of a sovereign character to enforce unpaid Danish tax or to recover Danish tax. SKAT’s claims against Solo Capital Partners and others to recover the money defrauded from it can proceed to a trial in an English court. As well as outlining a summary of the decision, this News Analysis also contains commentaries from Hugh Gunson, Partner, Charles Russell Speechlys LLP and Jonathan Schwarz, Temple Tax Chambers (Tax Counsel to SKAT).

HMRC has updated VAT notice 701/19 on supplies of fuel and power for suppliers or users.