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Finance Bill
The Finance Bill and explanatory notes have been published. It is officially known as the Finance (No 2) Bill because it is the second Finance Bill of the 2022-23 parliamentary session but it was also referred to as the spring Finance Bill 2023 in the chancellor’s recent Budget.
Agent Update 106
Agent Update 106 is available.
Lifetime allowance
HMRC’s lifetime allowance guidance newsletter has articles on pension commencement lump sum and lifetime allowance protections taxable lump sums and employer PAYE payroll reporting the public service pensions remedy and the lifetime allowance working group.
Tax treaty shopping
The Organisation for Economic Co-operation and Development has published its fifth peer review report assessing the actions taken by jurisdictions to prevent tax treaty shopping and other forms of treaty abuse under action 6 of the base erosion and profit shifting project....
