In brief: 9 March 2023

E-communications

The Income and Corporation Taxes (Electronic Communications) (Amendment) Regulations SI 2023/221 widen the scope of the 2003 regulations to provide for the digital delivery and withdrawal of a notice of simple assessment and notices of daily penalties issued for the continued failure to deliver a return.

tinyurl.com/si2023221

Official interest rate

The Taxes (Interest Rate) (Amendment) Regulations SI 2023/216 increase the official rate of interest from 2% to 2.25% from 6 April 2023.

tinyurl.com/si2023216

VAT

HMRC has updated VAT Notice 701/15: Animals and animal food. Assistance dogs are now mentioned in the ‘6.4 Food for working dogs’ section.

tinyurl.com/vatn70115

National Insurance

The Social Security (Contributions) (Rates Limits and Thresholds Amendments and National Insurance Funds Payments) Regulations SI 2023/236 increase the flat-rate weekly amounts of class 2 and class 3 National Insurance contributions from 6 April 2023 and confirm that class 1 earnings limits and thresholds are unchanged.

tinyurl.com/si2023236

Pensions

Pension Schemes Newsletter 147 has articles on relief at source public service...