Technical News

 


HMRC has produced a fact sheet on the CGT 30-days reporting and payment obligations for UK residents disposing of residential property and for non-UK residents disposing of UK land from 6 April 2020.

In response to the impact of COVID-19, some temporary changes to the working arrangements at the First-tier Tribunal (Tax Chamber) administrative centre in Birmingham have been announced. Appellants should, where possible, submit notices of appeal online or by email. 

In light of the COVID-19 pandemic, the CIOT has produced a guide to help employees and employers understand the tax implications when employees are working from home. 

HMRC has confirmed an extension to the deadline for implementing digital links for MTD for VAT as follows:

GOV.UK has added a clarification to its existing payments on account guidance due to the COVID-19 VAT deferral period as follows:

HMRC has released further guidance on the COVID VAT deferral, including:

HMRC has seen that fraudsters are taking advantage of COVID-19 to offer spurious financial support and tax refunds. They text, email or phone taxpayers offering the bogus refund or aid, or threaten them with arrest if they don’t immediately pay fictitious tax owed. These scams often target the elderly and vulnerable.  

Revenue Scotland, the Scottish tax authority responsible for Land and Buildings Transaction Tax and Scottish Landfill Tax, has made a number of alterations to its operations in response to the developing COVID-19 pandemic.

HMRC have published new guidance on exceptional circumstances for the purposes of the Statutory Residence Test and Coronavirus (COVID-19).