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The government has further extended the voluntary National Insurance (NI) contribution deadline to 5 April 2025 to give taxpayers more time to fill gaps in their NI record and help increase the amount they receive in State Pension.

HMRC is writing to UK residents named in the leaked Pandora Papers to give them the chance to correct their tax affairs.

The Chartered Institute of Taxation (CIOT) has responded to the HM Treasury consultation on Reserved Investors Fund (RIF).

The National Audit Office (NAO) has published a report, Progress with Making Tax Digital. The report considers progress to implement Making Tax Digital, and whether HMRC’s latest plans provide confidence that the programme will deliver value for money.

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.

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

These Regulations amend the Plastic Packaging Tax (General) Regulations, SI 2022/117 to make a change to the way in which tax credits are claimed in respect of Plastic Packaging Tax (PPT) by specifying how they must be accounted for in a PPT return.

Details of updates to HMRC import, export and customs guidance for the period from 5 June 2023 to 12 June 2023.

The CIOT has responded to the HM Treasury (HMT) consultation on the taxation of environmental land management and ecosystem service markets.

HM Treasury has announced that the Energy Profits Levy, which puts a marginal tax rate of 75% on North Sea oil and gas production, will remain in place until March 2028. The tax rate will fall back to 40%, the rate before the Energy Profits Levy was introduced, when the oil and gas prices consistently return to normal levels for a sustained period.

HMRC’s Stakeholder Digest (8 June 2023) provides a round-up of recent news and updates

This brief provides an update on the VAT treatment of supplies of digital newspapers and other digital publications before 1 May 2020.

Uzbekistan has become the 143rd country to join the OECD’s inclusive framework on BEPS.

The CIOT and ATT have responded to the HMRC consultation: ‘Simplifying and modernising HMRC’s income tax services through the tax administration framework’.

The CIOT has responded to the HMRC consultation on Expanding the cash basis for the self-employed.

HMRC has launched a technical consultation seeking views on policy options to regulate umbrella companies and to tackle non-compliance in the umbrella company market.

HMRC has published Employment Related Securities (ERS) Bulletin 52.

HMRC has published Charities Newsletter 1 which is a new publication to keep the charities sector informed about relevant updates.

HMRC has launched a consultation to seek views and gather evidence on the current usage of the Save As You Earn (SAYE) and Share Incentive Plan (SIP) employee share schemes and whether they are effective in achieving their stated policy objectives. The deadline for response is 5 pm on 25 August 2023.

HMRC has published Spotlight 62 on tax avoidance schemes used by owner managed companies to fund education fees.