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Updated HMRC guidance on Alternative Dispute Resolution

HMRC has updated its guidance on using Alternative Dispute Resolution (ADR) to settle a tax dispute at section.

14 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

Tax news roundup: 14 November 2022

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.

14 Nov 2022 00:00 | Published by a

Updated VAT Notice 701/19: Fuel and power

HMRC has updated its VAT notice 701/19 at section 2 to include information about the VAT liability of payments made under the energy bills support schemes.

14 Nov 2022 00:00 | Published by a Tolley Value Added Tax expert

HMRC Stakeholder Digest: 10 November 2022

HMRC’s Stakeholder Digest (10 November 2022) provides a round-up of recent news and updates.

14 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

UK and 27 other countries sign international tax agreements to exchange information

The UK has signed up to two new OECD multilateral agreements which will facilitate the exchange of information from digital platforms and on Common Reporting Standard avoidance arrangements.

14 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

Updated CWG2 guidance: further guide to PAYE and National Insurance contributions

HMRC has updated the 2022-2023 version of the employer further guide to PAYE and National Insurance contributions (CWG2) in sections 1.4, 1.6 and 3.9 to reflect 2022 legislation changes.

14 Nov 2022 00:00 | Published by a Tolley Employment Tax expert

Weekly roundup of HMRC manual changes: 14 November 2022

14uk November 2022 - This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.

14 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Progress Report on the Administration and Tax Certainty Aspects of Amount A of Pillar One

The CIOT has responded to the OECD consultation on the Progress Report on the Administration and Tax Certainty Aspects of Amount A of Pillar One.

14 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

Insurance Contracts (Tax) (Change in Accounting Standards) Regulations, SI 2022/1165

These Regulations introduce transitional provisions to support insurance companies which adopt IFRS 17 from 1 January 2023.

11 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

SI 2022/1164 The Finance Act 2022, Part 2 of Schedule 5 (Insurance Contracts: Change in Accounting Standards) (Commencement and Savings Provision) Regulations 2022

These Regulations bring into force the amendments made by

10 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

SI 2022/1157 The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2022

These Regulations extend by 12 months the transitional arrangements under

10 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

Call for Evidence: Digital Services Tax

The UK Parliament Public Accounts Committee is seeking evidence on the design, implementation and administration of the Digital Services Tax (DST) and HMRC’s readiness to replace it with OECD reforms.

10 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

SI 2022/1144 The Hybrid and Other Mismatches (Financial Instruments: Excluded Instruments) (Amendment) Regulations 2022

These Regulations amend the Hybrid and other mismatch rules to retain an exemption for certain regulatory capital instruments issued by banks. These Regulations come into force on 31 December 2022.

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

CJEU overturns Fiat Luxembourg state aid decision

The Court of Justice of the European Union has set aside the EU General Court’s judgment and annulled the Commission’s decision in the Fiat Chrysler Finance Europe (

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

SI 2022/1147 The Taxation (International and Other Provisions) Act 2010 Transfer Pricing Guidelines Designation Order 2022

This Order will update the definition of ‘transfer pricing guidelines’ to refer to the 2022 OECD's Transfer Pricing Guidelines. This Order comes into force on 1 January 2023.

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

Rates of interest paid by and to HMRC and the devolved tax authorities reflecting BoE interest rate rise to 3%

HMRC has announced that it will increase its late payment interest rates to reflect the rise in the Bank of England base rate. The Bank of England raised interest rates to 3% on 3 November 2022. Generally HMRC’s late payment interest rate is set, by regulation, at the Bank of England base rate plus 2.5% (other than in respect of corporation tax quarterly instalments). For quarterly instalments payments, HMRC’s interest rate is set at the Bank of England base rate plus 1%.

07 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

Updated HMRC guidance on working through an umbrella company

HMRC has updated its guidance to show how umbrella company workers are engaged.

07 Nov 2022 00:00 | Published by a Tolley Employment Tax expert

Energy bill support schemes Regulations published

The Department for Business, Energy and Industrial Strategy has issued regulations to implement the energy bill relief schemes in Great Britain and Northern Ireland.

07 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

CIOT response: Review of hybrid and distance working

The CIOT has responded to the Office of Tax Simplification (OTS) call for evidence on Review of hybrid and distance working.

07 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

Weekly roundup of HMRC manual changes: 7 November 2022

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

07 Nov 2022 00:00 | Published by a Tolley Corporation Tax expert

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Indexation allowance and rebasingThis guidance note explains the general rules surrounding the availability of indexation allowance (which was frozen at December 2017) on the disposal of company assets and provides information on the rebasing rules for assets held on 31 March 1982. For an overview

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