In brief: 29 June 2023

Agent Update 109

HMRC’s latest update for advisers includes articles on the advantages of filing income tax returns early the overlap relief online form in preparation for the new tax year basis and interactive guidance for self-employed taxpayers working overseas. It also contains clarification of the situations in which HMRC will appoint a corporate interest restriction reporting company on behalf of a group.

tinyurl.com/hmrcau109

VAT return errors

New guidance is available to help businesses check whether they can correct errors in a future VAT return or whether the errors need to be reported separately using form VAT652.

tinyurl.com/hmrcvaterrorcheck

Transfer pricing

HMRC is consulting on reforms to the UK legislation on transfer pricing permanent establishments and diverted profits tax. The consultation will close on 14 August 2023.

tinyurl.com/hmrctrpricingcondoc

Talking points webinar

A recorded HMRC webinar is available on UK freeports. It gives an overview of these...