Income tax exemption and NIC disregard for employer-provided and employer-reimbursed COVID tests continues for tax year 2022/23.

Highlights from the broader tax news for the week ending 16 March 2022, including: guidance for businesses who continued to use the Lennartz mechanism; and a warning from HMRC about sharing personal information.

HMRC has issued instructions on how to submit Appendix 7A and Appendix 7B returns for employers of internationally mobile employees.

1 March 2021: Extending the business rates holiday for struggling companies in the retail, hospitality and leisure sectors should be a key announcement in next week’s Budget speech, a poll of chartered accountants has found.

23 December 2020: HM Treasury confirms that repayments of business rates relief claimed in light of the potential impact of the coronavirus pandemic are tax deductible.

28 October 2020: Changes to business rates and targeted support for specific sectors are among key levers the government should use to boost the UK’s economic recovery, according to a new survey of ICAEW members.

25 March 2020: there is a business rates holiday for the 2020/21 tax year, as well as and cash grants, for retail, hospitality and leisure businesses.

24 March 2020: there is a business rates holiday for nurseries for the 2020/21 tax year.

24 March 2020: There are cash grants available for businesses receiving Small Business Rate Relief or Rural Rate Relief.

Highlights from the broader tax news for the week ending 16 March 2022, including: guidance for businesses who continued to use the Lennartz mechanism; and a warning from HMRC about sharing personal information.

HMRC has issued instructions on how to submit Appendix 7A and Appendix 7B returns for employers of internationally mobile employees.

New ways of working are reshaping all our lives. How can tax policy keep pace and help smooth a difficult social and cultural transition at the same time as maximising revenues?

Highlights from the broader tax news for the week ending 9 March 2022, including: HMRC guidance on new power; HMRC payments; refunds of VAT wrongly charged; freeport tax site designation; QAHC guidance; new VAT regulations; HMRC webinars; guidance for employers paying overseas tax; and COVID travel easement ending.

HMRC has confirmed that small employers can make claims for absence periods up to 17 March 2022 and that waiting days are reinstated from 25 March 2022.

ICAEW’s Tax Faculty highlights key points from HMRC’s Employer Bulletin for February 2022.

This month’s top technical stories include the opening of the Statutory Sick Pay Rebate Scheme claims portal, and guidance to safeguard employers being caught out by complicated National Minimum Wage rules.

Employers with fewer than 250 employees will be able to claim up to two weeks’ SSP per employee for COVID-related sickness absences occurring from 21 December 2021

Highlights from the broader tax news for the week ending 16 March 2022, including: guidance for businesses who continued to use the Lennartz mechanism; and a warning from HMRC about sharing personal information.

Highlights from the broader tax news for the week ending 9 March 2022, including: HMRC guidance on new power; HMRC payments; refunds of VAT wrongly charged; freeport tax site designation; QAHC guidance; new VAT regulations; HMRC webinars; guidance for employers paying overseas tax; and COVID travel easement ending.

Highlights from the broader tax news for the week ending 12 January 2022, including: an updated process for HMRC’s Employer Helpline; HMRC’s review of input tax recovery for charging electric vehicles; and the cessation of two temporary COVID-related measures.

26 January 2021: HMRC will include extra payments resulting from error corrections for periods covered by the original VAT payments deferral scheme, but only if notified to HMRC’s COVID-19 helpline by 29 January 2021.

9 December 2020: Highlights from the broader tax news this week includes: deadline for businesses to join VAT deferral new payment scheme and an extension for overseas firms to provide the certificate necessary to make a VAT refund claim.

4 August 2020: As the Eat Out to Help Out Scheme launches this week, ICAEW urges businesses to ensure they understand the interaction between the discount and the VAT being charged.

8 July: No SDLT on houses up to £500,000 in England and Northern Ireland, VAT cut to 5% to support hospitality and a £1,000 bonus for retaining furloughed employees were the headline tax changes in the Chancellor’s Summer Statement

8 July: VAT on eating out, accommodation and tourist attractions will be cut to 5% to help the UK’s hospitality sector recover from the impacts of the coronavirus pandemic.

The past two years have seen significant changes in the way we live and work and there is a consensus that we won’t go back to how it was before. What will this mean for taxation policy?

HMRC’s 2020-21 financial statements report a big drop in tax revenues and high levels of fraud in £81.2bn COVID-19 support schemes.

Tim Sarson, head of tax policy at KPMG UK, assesses key drivers behind the top-performing tax policies over the last five decades using ICAEW’s Tax Race findings.

Pieris Markou, Chief Executive Officer of Deloitte Cyprus, tells ICAEW Insights that tourism and tax will not be enough to fill the hole in public finances left by COVID - the island must continue to bring in foreign investment.

18 September: Shop closures during lockdown left a hole in charities’ budgets but continued rate reliefs and an extension to the retail grant scheme would help charity shops recover

10 September 2020: HMRC has confirmed how costs relating to furloughed employees should be treated for the purposes of the R&D tax relief schemes. The Tax Faculty outlines the guidance.

17 June: Following representations made by ICAEW’s Tax Faculty, HMRC has updated its company tax manual outlining when companies can make claims for repayments of corporation tax based on anticipated losses.

27 May: ICAEW’s Tax Faculty urges HMRC to facilitate refunds of instalment payments of corporation tax that companies believe they have overpaid in respect of prior periods due to the impact of coronavirus.

Income tax exemption and NIC disregard for employer-provided and employer-reimbursed COVID tests continues for tax year 2022/23.

Latest reports from the National Audit Office, including an interactive guide setting out good practice principles for annual reports, with examples from the public, private and charity sectors.

Highlights from the broader tax news for the three-week period ending 5 January 2022, including: an increase to late payment interest rates; the Welsh Budget; the Spring Statement date; refunds of VAT for businesses established outside the UK; COVID easements for heritage assets; and updated IHT forms.

This month’s top technical stories include an update on border controls with the EU, news of the extension of new VAT registration services and an explanation of the incoming basis period reform.

RSM’s UK Economist Thomas Pugh and Head of Tax Ali Sapsford of RSM consider new taxes targeted at certain spending areas to boost post-pandemic tax intake.

The furlough and self-employed support schemes come to an end today, as does the VAT reduction for hospitality and tourism to 5%, which is increased to 12.5% tomorrow. ICAEW has produced a timeline for the schemes that remain.

Highlights from the broader tax news week ending 11 Aug, which includes: new guidance from HMRC on reporting COVID-19 support grants and payments, a reminder for taxpayers to check eligibility for the marriage allowance and HMRC's August Employer Bulletin which confirms end date for special coronavirus arrangements with the EU.

HMRC has reaffirmed that it is not changing its approach to tax relief on employees’ travel expenses to temporary workplaces in light of the impact of coronavirus pandemic.

Highlights from the broader tax news for the three-week period ending 5 January 2022, including: an increase to late payment interest rates; the Welsh Budget; the Spring Statement date; refunds of VAT for businesses established outside the UK; COVID easements for heritage assets; and updated IHT forms.

Tim Sarson, head of tax policy at KPMG UK, assesses key drivers behind the top-performing tax policies over the last five decades using ICAEW’s Tax Race findings.

On 30 September a range of government support packages to help businesses and individuals through the coronavirus pandemic will come to an end or change, including the furlough scheme and reduced SDLT rates in England. ICAEW insights provides a reminder of the changes.

8 December 2020: Chartered accountant Cllr Chris White, Leader of St Albans City & District Council, discusses the difficult choices facing local authorities after years of austerity and lost income in the pandemic.

8 July: No SDLT on houses up to £500,000 in England and Northern Ireland, VAT cut to 5% to support hospitality and a £1,000 bonus for retaining furloughed employees were the headline tax changes in the Chancellor’s Summer Statement

30 June: HMRC’s updated guidance highlights areas where corporate non-resident landlords (NRLs) need to take care around the transfer or disposal of property and the use of losses, highlights ICAEW.

Updated 5 June: Homeowners in England and Northern Ireland unable to sell their home within three years of purchasing a replacement property due to the coronavirus pandemic may still claim a stamp duty land tax (SDLT) refund.

21 May: Homeowners in Scotland temporarily have three years to sell their home after buying a replacement property and claim a refund of land and buildings transaction tax (LBTT).

Highlights from the broader tax news for the week ending 10 November, including: a reminder that HMRC will no longer pay tax credits, child benefit or guardian allowances into Post Office card accounts from 1 December, an update from HMRC on how it's supporting taxpayers during COVID and confirmation that the UK-Swiss Convention on Social Security came into force on 1 November.

Highlights from the broader tax news week ending 6 October, which includes: working tax credits: reporting changes to working hours, plastic packaging tax: statement requirement delayed and legislation passed implementing UK-Swiss social security deal.

On 30 September a range of government support packages to help businesses and individuals through the coronavirus pandemic will come to an end or change, including the furlough scheme and reduced SDLT rates in England. ICAEW insights provides a reminder of the changes.

13 November 2020: The claimant count soared at the start of the pandemic but levelled off since then. Will a wave of redundancies see it climb again over the winter?

4 November: The minimum income floor used to calculate universal credit payments for the self-employed will remain suspended until April 2021 due to the ongoing impact of COVID-19.

Short updates on developments in the UK tax systems from 4 - 10 November 2020.

6 July 2020: The National Audit Office reports that overpayments from fraud and error reached their highest ever estimated rate in 2019-20.

Updated 4 November: Entitlement to working tax credits varies according to the number of hours worked. The Tax Faculty explains the impact of reduced working hours, temporary lay-offs and furloughing on tax credits and when HMRC needs to be informed.

Highlights from the broader tax news for the week ending 16 March 2022, including: guidance for businesses who continued to use the Lennartz mechanism; and a warning from HMRC about sharing personal information.

A social compact appears to be changing.

Highlights from the broader tax news for the week ending 9 March 2022, including: HMRC guidance on new power; HMRC payments; refunds of VAT wrongly charged; freeport tax site designation; QAHC guidance; new VAT regulations; HMRC webinars; guidance for employers paying overseas tax; and COVID travel easement ending.

HMRC has confirmed that it will accept bulk appeals against late filing penalties where there is a COVID-19 related reasonable excuse. ICAEW’s Tax Faculty explains the process.

HMRC data for October to December 2021 shows some recovery to telephone performance and a reduction in the backlog of post.

This month’s top technical stories include the opening of the Statutory Sick Pay Rebate Scheme claims portal, and guidance to safeguard employers being caught out by complicated National Minimum Wage rules.

Companies and unincorporated businesses are taxable on COVID support grants and payments. ICAEW’s Tax Faculty provides a summary of available resources to help ensure tax returns are correctly completed.

Following HMRC’s announcement that it will provide a one-month penalty waiver for late-filing and late-payment penalties, ICAEW’s Tax Faculty shares guidance from HMRC on other implications of not meeting the 31 January deadline.

A comprehensive summary of government schemes and grants available to support jobs, the self-employed, businesses, local authorities and families impacted by COVID-19. Published on 8 January 2021.

Daily bulletin from KPMG summarising the latest global tax measures and developments announced in response to COVID-19. Browse chronologically or search by country.

The latest videos from HMRC outlining the support for businesses such as the Coronavirus Job Retention Scheme, refunding eligible Statutory Sick Pay costs, furloughed employees and more. HMRC also runs live webinars covering the deferral of VAT and Income Tax payments, the small business grant scheme and Coronavirus Business Interruption Loan Scheme.