In brief: 27 April 2023

Trust discrepancy

The guidance on reporting a trust discrepancy has been updated to reflect the money laundering regulations SI 2022/860 – which came into force on 1 April 2023.

tinyurl.com/hmrcreptdapr

VAT portal closure

HMRC is reminding taxpayers who file annual VAT returns that the pre-making tax digital online VAT return portal closes from 15 May 2023.

tinyurl.com/hmrcvatportalmay

Tax administration

Financial secretary to the Treasury Victoria Atkins announced that the government will outline the action it is taking to simplify the tax system tackle the tax gap and modernise the tax system on 27 April.

tinyurl.com/taxadminday

Employer Bulletin

The April issue of the Employer Bulletin is available.

tinyurl.com/hmrcebapr23

Homeworking relief

HMRC has updated its guidance to clarify the eligibility criteria for homeworking relief. Broadly it confirms that employees who previously claimed tax relief when they worked from home because of coronavirus might no longer...