Blog archive - 2020

January 2021 will bring an end to the main opportunities for alcohol excise duty fraud and must mean changes to HMRC’s anti-fraud Due Diligence Condition, writes Alan Powell, excise specialist and a member of the CIOT's Indirect Taxes Committee

The House of Lords Economic Affairs Committee’s Finance Bill Sub-Committee has published a report on the Social Security Contributions (Intermediaries) (Miscellaneous Amendments) Regulations 2020

The Welsh Government published its draft budget for 2021-22 on Monday 21 December.

Legislation to establish the special VAT and customs regime that will apply in Northern Ireland from next month has completed its passage through the UK Parliament ahead of the end of the Brexit Transition Period.

A new report from a House of Lords committee draws on CIOT evidence to make recommendations on new HMRC compliance and anti-avoidance powers.

CIOT committee member Megan Saksida writes a guest blog on the merits of using trusts and asks why there has been a decline in their use

Legislation to establish the special VAT and customs regime that will apply in Northern Ireland from next month, and to scrap low value consignment relief across the UK, has begun its passage through the UK Parliament ahead of the end of the Brexit Transition Period at the end of the month.

On Wednesday, Liberal Democrat MP Munira Wilson led a Westminster Hall debate on support for three million self-employed workers ruled ineligible for the government’s Coronavirus support schemes.

The House of Commons Treasury Committee held a session on HMRC’s Annual Report on Monday 7 December.  The witnesses were HMRC CEO Jim Harra, Penny Ciniewicz, Director General, Head of Customer Compliance at HMRC and Jonathan Russell CB, Interim CEO, Valuation Office Agency.

The UK has a once-in-a-lifetime chance to craft and simplify VAT and customs duties after Brexit, agreed tax experts at a CIOT/IFS ‘virtual’ debate on ‘VAT and Customs Duties after Brexit’.