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In brief: 26 May 2022

24 May 2022
Issue: 4841 / Categories: News

Tax credits

HMRC has updated its tax credits guidance to confirm that tax-free pension lump sums should not be included in the calculation of income for the purposes of tax credits claims and renewals.

Self assessment

Some 66 464 taxpayers submitted their 2021-22 tax return on the first day of 6 April 2022 HMRC has confirmed.

Ukraine

HMRC has published the consolidated text of the 1993 UK-Ukraine double taxation convention as amended by the 2017 protocol.

Furlough scheme

HMRC has updated factsheet CC/FS48 ‘Coronavirus job retention scheme – receiving grants you were not entitled to’ and added sections on ‘appeals’ ‘more information’ ‘if you are not happy with our service’ and ‘our privacy notice’.

Welsh freeports

Welsh ministers have agreed to support freeport policies in Wales following the UK government’s agreement to meet the Welsh government’s demands...

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