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Finance Bill
The government has published draft provisions to be included in Finance Bill 2020-21 together with explanatory notes other supporting documents and consultations.
Royal assent
The Finance Bill 2020 and the Stamp Duty Land Tax (Temporary Relief) Act 2020 received royal assent on 22 July.
VAT – Brexit
HMRC has published a paper detailing changes to the VAT treatment of overseas goods sold to UK customers from 1 January 2021 – when the Brexit transition period ends.
Tax credits
Tax credit claimants whose circumstances have changed in the past year or who have received a letter to reconfirm their income details must contact HMRC before 31 July. Failure to do so may result in claimants receiving incorrect payments and having to repay any overpayments.
Trust registration
HMRC has amended the guidance for the trust registration service updating the...
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