In brief: 23 November 2023

VAT DIY builders

The VAT (Refunds to ‘Do-It-Yourself’ Builders) (Amendment of Method and Time for Making Claims) Regulations SI 2023/1201 extend the time limit for making a valid VAT refund claim under the VAT DIY builders’ scheme from three to six months. They also set the legislative framework to allow digital submission of refund claims.

tinyurl.com/si20231201

Corporation tax online

HMRC’s corporation tax online service has been updated to add information about using box 773 for the 50% first-year allowance.

tinyurl.com/hmrcctonline

Peer review reports

The global forum on transparency and exchange of information for tax purposes has published new peer review reports for Latvia Mauritania Pakistan Poland Serbia and Thailand Botswana and Dominica on their compliance with the international standard for the exchange of information on request.

tinyurl.com/oecdpeerrevnov

BEPS

The Philippines has joined the inclusive framework on base erosion and...