In brief: 17 March 2022

Corporation tax online

HMRC has published new guidance on changes and issues affecting the way companies should file their company tax return using the corporation tax online service.

tinyurl.com/ctonlinemar

Large businesses

Factsheet CC/FS1c – compliance checks for large and complex businesses has been revised to include additional information on disclosure and penalties.

tinyurl.com/hmrcccfs1c

Follower notices

Information has been added to sections 1.15.10 to 1.15.14 of HMRC’s guidance on follower notices and accelerated payments to explain the penalty reductions for co-operation with HMRC. Sections 1.16.5 to 1.16.6 have also been updated with details about when it is reasonable to appeal a penalty.

tinyurl.com/hmrcfnapnmar

Plastic packaging tax

HMRC has updated its plastic packaging tax guidance to add more information in relation to registering for the tax as a group of companies.

tinyurl.com/hmrcpptguimar

Employment expenses

The Income Tax (PAYE) and the Income Tax (Construction Industry Scheme) (Amendment) Regulations SI 2022/227 allow HMRC to issue directions...