In brief

CIS

HMRC has updated CIS340: Construction Industry Scheme – a guide for contractors and subcontractors to make clear that non-resident companies trading dealing in or developing land in the UK must register for corporation tax (section 5.4) to comply with the ‘transactions in UK land’ legislation introduced in FA 2016.

See here.

VAT

HMRC has updated its VAT Education Manual to add the page VATEDU55530 in relation to group 6 item 5 (education or vocational training) and the treatment of advanced learner loans.

See here.

Reverse charge

A directive has been published in the EU Official Journal that extends until 30 June 2022 the temporary reverse charge option and quick reaction mechanism for supplies listed in the Principal VAT Directive as at risk of missing trader intra-community fraud. It will enter into force on 2 December.

See here.

Corporation...