In brief: 21 July 2022

Profits levy bill

The Energy (Oil and Gas) Profits Levy Bill has been published. It incorporates minor changes after a short period of consultation.

tinyurl.com/hmrceogplbill

Corporate interest

The Corporate Interest Restriction (Electronic Communications) Regulations SI 2022/720 require specified notices and returns relating to the corporate interest restriction to be sent to HMRC by an approved means of electronic communication.

tinyurl.com/si2022770

Inheritance tax

The Inheritance Tax Act 1984 (Amendment) (Siblings) Bill has had its first reading in the House of Lords.

tinyurl.com/holihta84sib

Register of overseas entities

The Register of Overseas Entities (Verification and Provision of Information) Regulations SI 2022/725 set out the requirements for information that must be provided and verified to the registrar in relation to the register of overseas entities which is to be introduced by Economic Crime (Transparency and Enforcement) Act 2022 Pt 1.

tinyurl.com/si2022725

Land registration

The Land Registration (Amendment) Rules...